describe subjects of the cryptocurrency world…Exchange Namecoin. using analogies stories and examples so that you can easily understand them in this video we are going to be discussing what unstoppable domains is how they might be much better than ens and what that indicates for individuals entering into the complicated crypto area before we actually get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we like utilizing examples so that’s exactly what we’re going to be utilizing to help you comprehend dns so dns stands for domain service which is a fancy method of stating that it is a valuable service which enables us human beings to key in human understandable addresses into the search bar and then it will instantly turn them into device understandable addresses so the majority of you are most likely knowledgeable about ip addresses and those are exactly how a computer system at one end of the internet knows how to talk particularly to another computer system elsewhere and not simply scream it into the abyss that is the web when you type in google.com and you struck enter your computer system sends 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 searching for them and after that gets a plan back to send out to you now the package is then unpacked by your computer system to show you the totality of the google.com home page utilizing complicated math and software all of this
interaction occurs behind the scenes however to you it’s basic and easy to use in fact if we had to key in 8.8.8.8 into the url bar instead of google.com a lot more people would be confused 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 very same thing that i just mentioned other than it’s for ethereum ens means 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 do not have 20 and you want to support the channel feel free to leave a like listed below it’s complimentary and it rewards all our effort on this video and the past hundred that we have actually been actually hard at work producing however anyways if you’re not used to comprehending crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d need to share
Present domain register to release 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 kind of blockchain based domain you can move it to any place you want whatever wallet you desire with ease fine so now let’s delve into my laptop computer and enter into the guide area of the video where i wish to reveal you unstoppable domain how to get a domain how to establish a specific wallet so you can attach the domain that you bought to your wallet etc so you can really comprehend how to correctly utilize unstoppable domain names so let’s start welcome to my laptop let’s begin so this is unstoppable domains.com now to begin with this site is really easy you just come here and after that you enter the domain that you want right here and after that click on search now i desire simply want to discuss that they do have particular 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 the domain the more pricey it’s going to be so for example if i was come here and i enter my surname 2 400 uh i think i’ll pass however anyways let me go on and just include this to cart for demonstration functions we’ll go to the carts and that’s it alright and
then you click on here checkout and that’s it therefore you can pay with a credit 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 weird crypto websites where you have to pay in cryptocurrency or you have to buy unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you want to use okay 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 therefore we have right down there so i own my name dot crypto and make a website dot crypto and that’s it how to claim your crypto domain address now the reason why you ‘d wish to go through the procedure and in fact declare uh your domain addresses since one then you really own it then 2 you can do whatever you desire with it if you want to go offer it on some kind of like nft market you can go on and do that alright so much like when you buy any kind 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’s like 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 simply want to briefly reference at the time of this video that there are a few methods to claim your domain name the very first method is that you need to purchase a claim with credits charge so that expenses uh at this time 40 per domain therefore that’s pays for the gas costs you’re like what are gas costs look this the ethereum network you actually have to pay uh to move things on and off via gas fees number two is you can pay the gas costs straight from your own wallet so if you currently have a wallet set up and you have ethereum in there you can pay with your own ethereum or you can simply wait up until august so then they’ll have a scaling service that makes it easy to claim however anyways to start is very basic so we go here state if i wish to claim this one make a website.crypto we’ll claim with ethereum right there claim procedure began so now we need to send the code by e-mail 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 simply highlight that right click copy paste there we go boom put that in all right terrific now you’re like whoa what do i do select wallet for claiming 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 various wallets that they recommend 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 utilize metamask so to begin with metamask is simple meta mask there we go alright 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 proceed and contribute to chrome include extension and there we go fine so now the metamask app is installed on our web browser so we just click on get going we are brand-new to metamask so here is where you need to establish a wallet a wallet is what you do with your cryptocurrency Exchange Namecoin