How Do Crypto Domains Work 2022

explain subjects of the cryptocurrency world…How Do Crypto Domains Work. utilizing analogies stories and examples so that you can easily 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 indicates for people entering the complicated crypto space before we in fact get to comprehending the power of unstoppable domains the first thing we’ll need to do is understand dns here at whiteboard crypto we enjoy using examples so that’s exactly what we’re going to be utilizing to help you understand dns so dns stands for domain name service which is an expensive way of stating that it is an useful service which permits us humans to key in human legible addresses into the search bar and after that it will instantly turn them into maker readable addresses so most of you are most likely acquainted with ip addresses and those are precisely how a computer at one end of the web knows how to talk particularly to another computer elsewhere and not simply shout it into the void that is the web when you key 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 looking for them and after that gets a package back to send out to you now the bundle is then unpacked by your computer to show you the totality of the google.com web page utilizing complex math and software all of this

interaction occurs behind the scenes however to you it’s easy 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 puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and internet since it makes 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 basically the same thing that i simply pointed out except it’s for ethereum ens stands for ethereum name service and practically lets me inform you that whiteboardcrypto.eth is my wallet address so you can simply 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 below it’s complimentary 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 comprehending crypto the alternative to sharing white boards crypto.eth with somebody is i ‘d have to share

Present domain name register to launch domain or in order to move it over to this other domain name register etc uh when you have a dot crypto dot zill any type of blockchain based domain you can transfer it to wherever you want whatever wallet you want with ease all right so now let’s jump into my laptop and enter the tutorial area of the video where i wish to show you unstoppable domain how to get a domain how to establish a particular wallet so you can connect the domain that you bought to your wallet etc so you can really comprehend how to effectively use unstoppable domain names so let’s begin welcome to my laptop let’s start so this is unstoppable domains.com now to get started with this site is very simple you simply come here and after that you key in the domain name that you desire right here and after that click search now i desire simply wish to discuss that they do have particular price points for how many characters are in the domain that you wish to get so something over 8 characters will be 40 the smaller sized the domain name the more costly 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 just include this to cart for demonstration functions we’ll go to the carts which’s it alright and

then you click on here checkout which’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 versatile 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 purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you wish to utilize fine and that’s it therefore as soon as you’re all set then you’ll have your my domain list in your account therefore we have right down there so i own my name dot crypto and make a site dot crypto and that’s it how to claim your crypto domain address now the reason why you ‘d want to go through the procedure and in fact claim uh your domain addresses due to the fact that one then you in fact own it then 2 you can do whatever you want with it if you want to go sell it on some kind of like nft marketplace you can go ahead and do that fine so much like when you buy any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is just an iou it’s an iou up until you in fact 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 think you understand this is you you have not claimed it yet so it’s an iou that you own this therefore i simply want to briefly mention at the time of this video that there are a couple of 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 spends for the gas charges you resemble what are gas costs look this the ethereum network you actually have to pay uh to move things on and off by means of gas fees second is you can pay the gas charges directly 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 till august so then they’ll have a scaling option that makes it easy to claim but anyways to begin is extremely simple 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 have to send the code by email so click that and so right over here we’ll leap over here and wait on 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 just highlight that ideal click copy paste there we go boom put that in alright terrific now you resemble 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 different 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 using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re simply going to use metamask so to start with metamask is easy meta mask there we go okay so we click on this link then we wish to download it now click that set up metamask for chrome alright and let’s go on and add to chrome include extension and there we go okay so now the metamask app is installed on our web browser so we just click begin we are new to metamask so here is where you need to set up a wallet a wallet is what you do with your cryptocurrency How Do Crypto Domains Work