explain topics of the cryptocurrency world…Domains4Bitcoins. using analogies stories and examples so that you can easily comprehend them in this video we are going to be discussing what unstoppable domains is how they might be better than ens and what that implies for individuals getting into the complicated crypto area before we really get to understanding the power of unstoppable domains the first thing we’ll need to do is understand dns here at white boards crypto we like utilizing examples so that’s precisely what we’re going to be using to assist you understand dns so dns represents domain service which is an expensive way of stating that it is a practical service which permits us people to key in human readable addresses into the search bar and after that it will instantly turn them into maker understandable addresses so most of you are probably acquainted with ip addresses and those are exactly how a computer at one end of the web understands how to talk particularly to another computer system elsewhere and not just scream it into the abyss that is the web when you enter google.com and you hit enter your computer sends out a message to your internet service provider saying yo where’s google the internet service provider discovers and goes to where google is tells them that you are looking for them and then gets a package back to send out to you now the plan is then unpacked by your computer to reveal you the whole of the google.com web page using complicated mathematics and software all of this
interaction takes place behind the scenes however to you it’s simple and user friendly in fact if we had to enter 8.8.8.8 into the url bar instead of google.com a lot more individuals would be puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and nets due to the fact that it makes sense to us so that’s basically what a dns is a translator for humans to speak machine code next up let’s see how this works for crypto ens is basically the exact same thing that i just pointed out other than it’s for ethereum ens stands for ethereum name service and practically lets me tell you that whiteboardcrypto.eth is my wallet address so you can just type that in and pay me 20 if you desire by the way if you don’t have 20 and you want to support the channel do not hesitate to leave a like listed below it’s totally free and it rewards all our hard work on this video and the past hundred that we’ve been truly hard at work creating but anyways if you’re not utilized to comprehending crypto the alternative to sharing white boards crypto.eth with someone is i ‘d have to share
Present domain register to launch domain name or in order to move it over to this other domain register and so on uh when you have a dot crypto dot zill any type of blockchain based domain you can move it to wherever you desire whatever wallet you desire with ease alright so now let’s delve into my laptop computer and get into the guide area of the video where i wish to show you unstoppable domain how to get a domain name how to set up a specific wallet so you can attach the domain name that you purchased to your wallet etc so you can actually understand how to effectively use unstoppable domain names so let’s start welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get going with this site is very easy you simply come here and after that you type in the domain that you want right here and after that click on search now i desire simply wish to point out that they do have specific cost points for the number of characters remain in the domain that you wish to get so something over 8 characters will be 40 the smaller sized the domain name the more expensive it’s going to be so for instance if i was come here and i type in my surname 2 400 uh i think i’ll pass however anyways let me go ahead and simply add this to haul for demonstration functions we’ll go to the carts which’s it alright and
You click on here checkout and that’s it and so you can pay with a credit card paypal crypto or you can pay with the crypto.com app and i truly like i like that it’s flexible i like it’s that it’s not one of those strange crypto sites where you have to pay in cryptocurrency or you have to purchase unstoppable coin then exchange it or whatever no you can pay with however payment gateway you want to utilize all right and that’s it and so as soon as you’re all set then you’ll have your my domain name list in your account and so we have right down there so i own my name dot crypto and make a website dot crypto and that’s it how to declare your crypto domain address now the factor why you ‘d desire to go through the process and actually claim uh your domain addresses since one then you actually own it then two you can do whatever you desire with it if you want to go sell it on some type of like nft marketplace you can go ahead and do that fine so just like when you buy any type of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou until you really move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you know it’s like a hot wallet i guess you understand this is you you haven’t declared it yet so it’s an iou that you own this and so i simply desire to briefly mention at the time of this video that there are a few methods to claim your domain name the first method is that you have to purchase a claim with credits cost so that costs uh at this time 40 per domain name and so that’s pays for the gas costs you’re like what are gas fees look this the ethereum network you really have to pay uh to move things on and off via gas charges number two is you can pay the gas costs directly from your own wallet so if you already have a wallet set up and you have ethereum in there you can pay with your own ethereum or you can simply wait till august so then they’ll have a scaling option that makes it easy to claim but anyways to get begun is extremely easy so we go here state if i want to declare this one make a website.crypto we’ll declare with ethereum right there declare process began so now we have to send out the code by e-mail so click that and so right over here we’ll leap over here and wait for the code to strike my inbox there it is we’ll take this all right so here is the code i’ll take this we’ll simply highlight that best click copy paste there we go boom put that in okay great now you’re like whoa what do i do choose wallet for declaring so unstoppable domains has their own app we have a web 3 wallet coinbase wall all mu wall is specifically for ethereum now there are a few different wallets that they advise so for desktop there’s meta mask for mobile you can
utilize the coinbase wallet trust wallet for me personally i like metamask if you’re going to be using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re just going to use metamask so to begin with metamask is easy meta mask there we go all right so we click on this link then we wish to download it now click that set up metamask for chrome all right and let’s go on and contribute to chrome add extension and there we go okay so now the metamask app is set up on our browser so we simply click on get started we are new to metamask so here is where you have to establish a wallet a wallet is what you finish with your cryptocurrency Domains4Bitcoins