discuss topics of the cryptocurrency world…Ledgerwallet Namecoin. using examples stories and examples so that you can easily comprehend them in this video we are going to be explaining what unstoppable domains is how they might be better than ens and what that means for individuals entering into the complicated crypto space before we really get to comprehending the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we love using examples so that’s precisely what we’re going to be utilizing to assist you understand dns so dns represents domain service which is a fancy way of saying that it is an useful service which allows us people to enter human understandable addresses into the search bar and after that it will instantly turn them into maker legible addresses so the majority of you are probably knowledgeable about ip addresses and those are exactly how a computer system 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 key in google.com and you struck enter your computer sends 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 package back to send to you now the package is then unpacked by your computer system to show you the whole of the google.com home page utilizing complex math and software all of this
interaction occurs behind the scenes however to you it’s simple 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 puzzled 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 same thing that i just mentioned except it’s for ethereum ens means ethereum name service and basically lets me inform you that whiteboardcrypto.eth is my wallet address so you can merely type that in and pay me 20 if you want by the way if you don’t have 20 and you want to support the channel feel free to leave a like below it’s totally free and it rewards all our hard work on this video and the past hundred that we have actually been actually hard at work creating but anyways if you’re not utilized to understanding crypto the alternative to sharing white boards crypto.eth with someone is i ‘d have to share
Existing 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 kind of blockchain based domain you can move it to anywhere you desire whatever wallet you desire with ease fine so now let’s jump into my laptop and enter the guide area of the video where i want to show you unstoppable domain names how to get a domain how to establish a particular wallet so you can connect the domain that you purchased to your wallet etc so you can truly understand how to appropriately 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 basic you simply come here and after that you enter the domain name that you desire right here and after that click search now i want simply want to point out that they do have particular cost points for how many characters remain in the domain that you want to get so something over 8 characters will be 40 the smaller the domain name the more costly it’s going to be so for example if i was come here and i enter my last name 2 400 uh i think i’ll pass but anyways let me go ahead and simply include this to haul for presentation functions we’ll go to the carts which’s it alright and
then you click 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 unusual crypto websites where you need to pay in cryptocurrency or you need to purchase unstoppable coin then exchange it or whatever no you can pay with however payment gateway you want to use all right and that’s it and so when you’re all set then you’ll have your my domain 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 you ‘d wish to go through the procedure and in fact declare uh your domain addresses since one then you actually own it then 2 you can do whatever you desire with it if you wish to go sell it on some kind of like nft market you can go ahead and do that alright so similar to when you purchase any type of cryptocurrency from an exchange like uh coinbase for example what it is is simply 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’s like a hot wallet i guess you understand this is you you haven’t claimed it yet so it’s an iou that you own this and so i simply wish to briefly mention at the time of this video that there are a few ways to claim your domain name the first method is that you have to purchase a claim with credits fee so that costs uh at this time 40 per domain therefore that’s pays for the gas fees you’re like what are gas fees look this the ethereum network you in fact need to pay uh to move things on and off by means of gas charges number two is you can pay the gas costs 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 just wait until august so then they’ll have a scaling option that makes it easy to claim but anyways to begin is very easy so we go here state if i wish to declare this one make a website.crypto we’ll claim with ethereum right there declare process began so now we have to send out the code by e-mail so click that therefore right over here we’ll jump 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 right click copy paste there we go boom put that in alright terrific 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 particularly for ethereum now there are a few various wallets that they advise 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 simply going to utilize metamask so to get going with metamask is easy meta mask there we go alright so we click here then we want to download it now click on that install metamask for chrome alright and let’s proceed and contribute 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 get going we are new to metamask so here is where you have to set up a wallet a wallet is what you finish with your cryptocurrency Ledgerwallet Namecoin