discuss topics of the cryptocurrency world…Is Nem Namecoin?. utilizing 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 means for people entering into the complicated crypto space before we in fact get to understanding the power of unstoppable domains the first thing we’ll need to do is understand dns here at whiteboard crypto we enjoy utilizing examples so that’s precisely what we’re going to be using to assist you comprehend dns so dns means domain service which is an elegant method of stating that it is a valuable service which allows us people to enter human understandable addresses into the search bar and then it will automatically turn them into maker readable addresses so the majority of you are most likely knowledgeable about ip addresses and those are precisely how a computer at one end of the internet understands how to talk specifically to another computer elsewhere and not simply yell it into the abyss that is the web when you type in google.com and you struck enter your computer sends out a message to your internet service provider saying yo where’s google the internet service provider finds out and goes to where google is tells them that you are searching for them and after that grabs a plan back to send to you now the plan is then unpacked by your computer to show you the entirety of the google.com home page using complex math and software all of this
communication happens behind the scenes but to you it’s basic and easy to use in fact if we had to type in 22.214.171.124 into the url bar instead of google.com a lot more individuals would be puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and internet since it makes good 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 stands for ethereum name service and practically lets me tell you that whiteboardcrypto.eth is my wallet address so you can merely type that in and pay me 20 if you desire by the way if you don’t have 20 and you wish to support the channel feel free 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 really hard at work creating but anyways if you’re not used to understanding crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d need to share
Current domain register to launch domain 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 you can move it to wherever you desire whatever wallet you want with ease okay so now let’s delve into my laptop computer and enter into the tutorial 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 connect the domain that you bought to your wallet etc so you can actually understand how to effectively use unstoppable domain so let’s begin welcome to my laptop let’s start so this is unstoppable domains.com now to get started with this website is extremely easy you simply come here and then you enter the domain name that you desire right here and then click search now i desire simply wish to mention that they do have particular cost points for the number of characters remain in the domain that you want 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 enter my last name 2 400 uh i think i’ll pass but anyways let me go on and just include this to haul for presentation functions we’ll go to the carts which’s it fine 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 really like i like that it’s flexible i like it’s that it’s not one of those unusual 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 entrance you want to utilize okay and that’s it and so 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 claim your crypto domain address now the factor why you ‘d desire to go through the process and actually claim uh your domain addresses because one then you in fact own it then two you can do whatever you desire with it if you desire to go offer it on some type of like nft market you can go ahead and do that fine so simply 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 actually move the cryptocurrency from coinbase to your own wallet this is the very same so this is on there this is you understand 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 methods to declare your domain name the first method is that you have to acquire a claim with credits cost so that expenses uh at this time 40 per domain name and so that’s pays for the gas charges you’re like what are gas costs look this the ethereum network you actually have to pay uh to move things on and off through gas charges number 2 is you can pay the gas fees 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 just wait until august so then they’ll have a scaling option that makes it easy to claim however anyways to get started is very basic so we go here say if i desire 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 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 best click copy paste there we go boom put that in alright excellent 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 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 using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re simply going to utilize metamask so to get going with metamask is easy meta mask there we go fine so we click here then we want to download it now click on that install metamask for chrome all right and let’s proceed and add to chrome add extension and there we go okay so now the metamask app is installed on our internet browser so we just click on begin we are new to metamask so here is where you have to establish a wallet a wallet is what you finish with your cryptocurrency Is Nem Namecoin?