Eth Blockchain Domain 2022

describe topics of the cryptocurrency world…Eth Blockchain Domain. utilizing analogies stories and examples so that you can quickly understand them in this video we are going to be describing what unstoppable domains is how they might be much better than ens and what that means for people entering the complicated crypto area before we in fact get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we love using examples so that’s precisely what we’re going to be using to assist you understand dns so dns means domain name service which is an expensive method of saying that it is a helpful service which permits us people to enter human readable addresses into the search bar and after that it will automatically turn them into maker legible addresses so most of you are most likely familiar with ip addresses and those are precisely how a computer at one end of the internet knows how to talk specifically to another computer somewhere else and not just scream it into the void 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 learns and goes to where google is tells them that you are searching for them and then gets a package back to send out to you now the plan is then unpacked by your computer to show you the entirety of the google.com web page using complex math and software application all of this

interaction happens behind the scenes however to you it’s basic and user friendly in fact if we needed to type in 8.8.8.8 into the url bar instead of google.com a lot more individuals would be confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and webs due to the fact that it makes good sense to us so that’s essentially what a dns is a translator for human beings to speak machine code next up let’s see how this works for crypto ens is essentially the exact same thing that i simply discussed other than it’s for ethereum ens represents ethereum name service and pretty much lets me inform 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 do not have 20 and you wish to support the channel do not hesitate to leave a like listed below it’s free and it rewards all our effort on this video and the past hundred that we’ve been actually hard at work developing however anyways if you’re not utilized to understanding crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d have to share

Existing domain name register to release domain name or in order to move it over to this other domain register etc uh when you have a dot crypto dot zill any type of blockchain based domain name you can transfer it to anywhere you want whatever wallet you want with ease fine so now let’s delve into my laptop and get into the guide area of the video where i want to reveal you unstoppable domain how to get a domain how to establish a specific wallet so you can attach the domain that you purchased to your wallet etc so you can truly understand how to correctly use unstoppable domain so let’s start welcome to my laptop computer let’s begin so this is unstoppable domains.com now to begin with this website is very easy you simply come here and after that you key in the domain name that you desire right here and then click search now i desire simply want to mention that they do have specific cost points for how many characters are in the domain name that you wish to get so something over 8 characters will be 40 the smaller sized the domain the more expensive it’s going to be so for instance if i was come here and i key in my surname 2 400 uh i think i’ll pass but anyways let me go on and just add this to haul for demonstration functions we’ll go to the carts which’s it alright and

then you click on here checkout which’s it therefore you can pay with a charge card paypal crypto or you can pay with the crypto.com app and i actually like i like that it’s flexible i like it’s that it’s not one of those strange crypto sites where you need to pay in cryptocurrency or you have to buy unstoppable coin then exchange it or whatever no you can pay with however payment entrance you wish to utilize okay which’s it therefore when 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 site dot crypto and that’s it how to declare your crypto domain address now the reason that you ‘d wish to go through the process and actually declare uh your domain addresses due to the fact that one then you actually own it then 2 you can do whatever you desire with it if you want to go offer it on some type of like nft marketplace you can go ahead and do that fine so just like when you purchase any type of cryptocurrency from an exchange like uh coinbase for example what it is is just an iou it’s an iou till 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 resembles a hot wallet i guess you know this is you you haven’t claimed it yet so it’s an iou that you own this therefore i just wish to briefly reference at the time of this video that there are a couple of methods to claim your domain the very first method is that you have to acquire a claim with credits cost so that costs uh at this time 40 per domain name and so that’s spends for the gas charges you resemble what are gas costs look this the ethereum network you in fact have to pay uh to move things on and off by means of gas costs number two is you can pay the gas costs directly from your own wallet so if you already have a wallet established and you have ethereum in there you can pay with your own ethereum or you can just wait till august so then they’ll have a scaling solution that makes it easy to claim however anyways to start is extremely simple so we go here state if i want to declare this one make a website.crypto we’ll declare with ethereum right there claim procedure began so now we need to send the code by email so click that therefore right over here we’ll leap over here and await the code to hit my inbox there it is we’ll take this all right so here is the code i’ll take this we’ll just highlight that ideal click copy paste there we go boom put that in fine excellent now you resemble whoa what do i do pick wallet for claiming so unstoppable domains has their own app we have a web 3 wallet coinbase wall all mu wall is particularly for ethereum now there are a couple of various wallets that they advise so for desktop there’s meta mask for mobile you can

use the coinbase wallet trust wallet for me personally i like metamask if you’re going to be utilizing desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re just going to utilize metamask so to get start with metamask is easy meta mask there we go okay so we click here then we want to download it now click on that set up metamask for chrome all right and let’s go ahead and add to chrome include 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 need to establish a wallet a wallet is what you make with your cryptocurrency Eth Blockchain Domain