explain subjects of the cryptocurrency world…Mine Bitcoin And Namecoin. utilizing 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 means for people entering the complicated crypto space before 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 love utilizing examples so that’s precisely what we’re going to be utilizing to help you understand dns so dns means domain service which is an expensive way of saying that it is a helpful service which allows us humans to enter human understandable addresses into the search bar and then it will instantly turn them into device understandable addresses so the majority of you are probably knowledgeable about ip addresses and those are precisely how a computer system 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 key 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 learns and goes to where google is tells them that you are looking for them and after that grabs a bundle back to send to you now the bundle is then unpacked by your computer to reveal you the totality of the google.com home page utilizing complicated math and software application all of this
interaction occurs behind the scenes but to you it’s simple and easy to use in fact if we had to enter 8.8.8.8 into the url bar instead of google.com a lot more people would be confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and nets because it makes sense to us so that’s basically 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 simply mentioned except it’s for ethereum ens represents 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 wish to support the channel feel free to leave a like listed below it’s free and it rewards all our hard work on this video and the past hundred that we have actually been really hard at work producing but anyways if you’re not utilized to comprehending crypto the option to sharing white boards crypto.eth with somebody is i ‘d have to share
Present domain name register to release 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 kind of blockchain based domain name you can move it to wherever you want whatever wallet you desire with ease alright so now let’s delve into my laptop computer and enter the guide section of the video where i wish to reveal you unstoppable domain how to get a domain name how to establish a particular wallet so you can attach the domain name that you purchased to your wallet etc so you can truly comprehend how to effectively use 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 started with this site is really basic you just come here and then you enter the domain name that you desire right here and then click on search now i desire just wish to discuss that they do have specific 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 expensive it’s going to be so for instance if i was come here and i type in my surname 2 400 uh i believe i’ll pass however anyways let me go ahead and simply include this to cart for demonstration purposes we’ll go to the carts which’s it alright 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 truly like i like that it’s flexible i like it’s that it’s not one of those odd crypto sites 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 use fine 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 and so 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 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 two you can do whatever you desire with it if you desire to go offer it on some type of like nft marketplace you can go ahead and do that all right so simply like when you buy 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 really move the cryptocurrency from coinbase to your own wallet this is the exact same so this is on there this is you know it’s like a hot wallet i guess you understand this is you you have not claimed it yet so it’s an iou that you own this and so i just want to briefly mention at the time of this video that there are a couple of methods to declare your domain name the very first way is that you have to buy a claim with credits charge so that costs uh at this time 40 per domain name and so that’s pays for the gas costs you’re like what are gas fees look this the ethereum network you actually have to pay uh to move things on and off via gas charges number 2 is you can pay the gas charges directly from your own wallet so if you already have a wallet set up and you have ethereum in there you can pay with your own ethereum or you can simply wait until august so then they’ll have a scaling service that makes it easy to claim however anyways to get started is very simple so we go here state if i desire to claim this one make a website.crypto we’ll declare with ethereum right there claim process 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 for 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 simply highlight that right click copy paste there we go boom put that in okay terrific now you’re like whoa what do i do pick 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 few various wallets that they suggest 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 utilizing desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re simply going to use metamask so to get start with metamask is easy meta mask there we go fine so we click here then we wish to download it now click that set up metamask for chrome okay and let’s go ahead and contribute to chrome include extension and there we go alright so now the metamask app is installed on our browser so we simply click on start we are new to metamask so here is where you need to set up a wallet a wallet is what you make with your cryptocurrency Mine Bitcoin And Namecoin