explain topics of the cryptocurrency world…Namecoin Coin. utilizing analogies stories and examples so that you can quickly comprehend 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 getting into the complex crypto area prior to we in fact get to understanding the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at white boards crypto we like using examples so that’s precisely what we’re going to be utilizing to assist you understand dns so dns stands for domain name service which is a fancy method of saying that it is a helpful service which allows us people to enter human readable addresses into the search bar and then it will instantly turn them into maker readable addresses so the majority of you are most likely acquainted with ip addresses and those are precisely how a computer at one end of the internet knows how to talk specifically to another computer somewhere else and not simply shout 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 learns and goes to where google is tells them that you are looking for them and after that gets a bundle back to send out 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 math and software application all of this
communication takes place behind the scenes but to you it’s basic and easy to use in fact if we had to type in 8.8.8.8 into the url bar instead of google.com a lot more individuals would be puzzled right we do not 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 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 very same thing that i simply pointed out except it’s for ethereum ens represents ethereum name service and pretty much 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 do not have 20 and you want to support the channel do not hesitate to leave a like below it’s totally free and it rewards all our effort on this video and the past hundred that we’ve been truly hard at work developing however anyways if you’re not used to understanding crypto the alternative to sharing white boards crypto.eth with somebody is i ‘d need to share
Current domain name register to release domain name or in order to move it over to this other domain name register and so on uh when you have a dot crypto dot zill any kind of blockchain based domain you can transfer it to anywhere you want whatever wallet you desire with ease all right so now let’s delve into my laptop computer and get into the tutorial area of the video where i wish to reveal you unstoppable domain how to get a domain how to establish a specific wallet so you can attach the domain that you purchased to your wallet etc so you can actually comprehend how to effectively use unstoppable domain so let’s begin welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get started with this website is really basic you simply come here and then you key in the domain name that you want right here and after that click on search now i desire just wish to mention that they do have particular price 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 the more expensive it’s going to be so for example if i was come here and i key in my surname 2 400 uh i think i’ll pass but anyways let me go on and just add this to haul for demonstration functions we’ll go to the carts which’s it okay and
then you click on here checkout and that’s it therefore you can pay with a charge 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 weird crypto websites where you have to pay in cryptocurrency or you need to buy unstoppable coin then exchange it or whatever no you can pay with however payment entrance you want to use all right which’s it therefore when 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 website dot crypto which’s it how to claim your crypto domain address now the reason you ‘d want to go through the procedure and actually declare uh your domain addresses because one then you really own it then 2 you can do whatever you desire with it if you wish to go offer it on some kind of like nft marketplace you can go on and do that okay so similar to when you buy any kind of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou till you actually move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you understand it’s like a hot wallet i guess you know 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 ways to declare your domain the first method is that you have to purchase a claim with credits charge so that expenses uh at this time 40 per domain name and so that’s pays for the gas fees you resemble what are gas charges look this the ethereum network you actually have to pay uh to move things on and off through gas fees number two 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 just wait until august so then they’ll have a scaling service that makes it easy to claim but anyways to begin is very basic so we go here say if i want to declare this one make a website.crypto we’ll claim with ethereum right there declare process started so now we need to send out the code by email so click that therefore right over here we’ll jump 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 just highlight that right click copy paste there we go boom put that in all right great now you’re like whoa what do i do choose wallet for claiming 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 couple of different wallets that they recommend 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 just going to use metamask so to begin with metamask is simple meta mask there we go fine so we click on this link then we wish to download it now click on that set up metamask for chrome alright and let’s go on and contribute to chrome include extension and there we go fine so now the metamask app is installed on our internet browser so we simply click begin we are new to metamask so here is where you have to set up a wallet a wallet is what you make with your cryptocurrency Namecoin Coin