explain topics of the cryptocurrency world…How To Buy Domain With Bitcoin. using 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 better than ens and what that implies for people getting into the complex crypto area prior to we really get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at white boards crypto we enjoy utilizing examples so that’s exactly what we’re going to be utilizing to assist you comprehend dns so dns represents domain service which is an expensive method of stating that it is a helpful service which permits us people to type in human legible addresses into the search bar and then it will immediately turn them into maker readable addresses so the majority of you are probably familiar with ip addresses and those are exactly how a computer at one end of the web understands how to talk specifically to another computer elsewhere and not simply yell it into the abyss that is the web when you enter google.com and you struck enter your computer sends out a message to your internet service provider stating yo where’s google the internet service provider discovers and goes to where google is tells them that you are trying to find them and after that grabs a plan back to send to you now the package is then unpacked by your computer system to reveal you the totality of the google.com home page utilizing complicated mathematics and software all of this
communication occurs behind the scenes but to you it’s basic and user friendly in fact if we needed to enter 8.8.8.8 into the url bar instead of google.com a lot more individuals would be confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and webs because it makes sense to us so that’s essentially what a dns is a translator for people 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 except 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 below it’s complimentary 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 used to understanding crypto the option to sharing white boards crypto.eth with someone is i ‘d have to share
Existing domain register to release domain 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 want with ease okay so now let’s jump into my laptop and get into the guide section of the video where i want to reveal you unstoppable domain names how to get a domain how to set up a particular wallet so you can connect the domain name that you bought to your wallet etc so you can actually understand how to appropriately utilize unstoppable domain names so let’s get started welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get going with this website is very simple you simply come here and after that you type in the domain name that you desire right here and after that click search now i want simply want to mention that they do have specific cost points for how many characters remain in the domain name that you wish to get so something over 8 characters will be 40 the smaller sized the domain the more costly it’s going to be so for example if i was come here and i key in my last name 2 400 uh i think i’ll pass but anyways let me go ahead and simply add this to cart for demonstration functions we’ll go to the carts which’s it alright and
then you click 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 unusual crypto sites where you have to pay in cryptocurrency or you need to buy unstoppable coin then exchange it or whatever no you can pay with nevertheless payment entrance you wish to utilize fine which’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 declare your crypto domain address now the reason you ‘d want to go through the process and actually claim uh your domain addresses due to the fact that one then you really 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 market you can go on and do that alright so similar to when you buy any type of cryptocurrency from an exchange like uh coinbase for instance 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 think you know this is you you haven’t claimed it yet so it’s an iou that you own this and so i just want to briefly reference at the time of this video that there are a couple of ways to declare your domain name the very first way is that you need to acquire a claim with credits cost so that expenses uh at this time 40 per domain therefore that’s pays for the gas fees you resemble what are gas charges look this the ethereum network you really have to pay uh to move things on and off via gas charges second is you can pay the gas charges directly from your own wallet so if you currently have a wallet established 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 but anyways to begin is really basic so we go here say if i wish to claim this one make a website.crypto we’ll declare with ethereum right there claim process began so now we have to send out 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 right click copy paste there we go boom put that in all right great now you resemble 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 couple of 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 utilizing desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re just going to use metamask so to get going with metamask is simple meta mask there we go all right so we click on this link then we wish to download it now click on that install metamask for chrome alright and let’s go ahead and add to chrome add extension and there we go fine 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 have to establish a wallet a wallet is what you make with your cryptocurrency How To Buy Domain With Bitcoin