discuss topics of the cryptocurrency world…Namecoin Current Price. 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 individuals entering into the complicated crypto area prior to we actually get to understanding the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at white boards crypto we enjoy using examples so that’s precisely what we’re going to be using to help you comprehend dns so dns stands for domain name service which is an elegant way of saying that it is a helpful service which allows us human beings to enter human understandable addresses into the search bar and then it will instantly turn them into device legible addresses so most of you are probably knowledgeable about ip addresses and those are precisely how a computer system at one end of the web understands how to talk particularly to another computer system elsewhere and not simply scream it into the void that is the web when you type in google.com and you struck enter your computer system sends out a message to your internet service provider saying 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 gets a plan back to send to you now the bundle is then unpacked by your computer to reveal you the entirety of the google.com web page utilizing complex mathematics and software application all of this
interaction happens behind the scenes but to you it’s simple and easy to use 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 internet because it makes good sense to us so that’s essentially what a dns is a translator for humans to speak machine code next up let’s see how this works for crypto ens is essentially the same thing that i just discussed except it’s for ethereum ens stands for ethereum name service and basically 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 do not have 20 and you wish 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 however anyways if you’re not utilized to comprehending crypto the alternative to sharing white boards crypto.eth with someone is i ‘d need to share
Existing domain register to launch domain name 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 desire whatever wallet you want with ease all right so now let’s jump into my laptop computer and enter into the tutorial section of the video where i want to reveal you unstoppable domain names how to get a domain name how to set up a specific wallet so you can attach the domain that you purchased to your wallet and so on so you can truly comprehend how to properly utilize unstoppable domain names so let’s get going welcome to my laptop let’s begin so this is unstoppable domains.com now to begin with this site is extremely basic you simply come here and then you enter the domain name that you desire right here and then click search now i desire just wish to mention that they do have particular price points for the number of characters remain in the domain name that you wish to get so something over 8 characters will be 40 the smaller the domain the more pricey it’s going to be so for instance if i was come here and i key in my last name 2 400 uh i believe i’ll pass however anyways let me go on and simply add this to cart for demonstration functions we’ll go to the carts which’s it okay 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 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 gateway you want to use all right and that’s it and so once 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 procedure and in fact claim uh your domain addresses because one then you actually own it then two you can do whatever you want with it if you want to go offer it on some type of like nft marketplace you can go ahead and do that okay so simply like when you buy any type of cryptocurrency from an exchange like uh coinbase for example what it is is just an iou it’s an iou up until you really 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 guess you know this is you you have not declared it yet so it’s an iou that you own this and so i simply want to briefly mention at the time of this video that there are a few methods to claim your domain name the first way 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 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 costs 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 solution that makes it simple to claim but anyways to get begun is very basic so we go here state if i desire to declare this one make a website.crypto we’ll declare with ethereum right there declare process started 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 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 fine great 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 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 utilize 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 that install metamask for chrome okay and let’s go ahead and contribute to chrome include extension and there we go okay so now the metamask app is set up on our web browser so we just click on start we are brand-new to metamask so here is where you have to set up a wallet a wallet is what you finish with your cryptocurrency Namecoin Current Price