discuss subjects of the cryptocurrency world…Namecoin Profitability Calculator. 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 implies for people getting into the complicated crypto space before we really get to understanding the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at whiteboard crypto we enjoy using examples so that’s exactly what we’re going to be using to help you comprehend dns so dns represents domain service which is an expensive method of stating that it is a practical service which permits us human beings to key in human readable addresses into the search bar and after that it will instantly turn them into maker understandable addresses so most of you are probably acquainted with ip addresses and those are exactly how a computer at one end of the internet knows how to talk particularly to another computer system elsewhere and not just shriek it into the abyss that is the web when you key in google.com and you hit 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 trying to find them and then grabs a bundle back to send out to you now the plan is then unpacked by your computer to show you the totality of the google.com web page utilizing complex mathematics and software application all of this
communication takes place behind the scenes however to you it’s easy 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 confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and nets 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 essentially the exact same thing that i simply mentioned except it’s for ethereum ens means ethereum name service and basically lets me tell you that whiteboardcrypto.eth is my wallet address so you can simply 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 complimentary and it rewards all our effort on this video and the past hundred that we’ve been really hard at work producing but anyways if you’re not utilized to comprehending crypto the option to sharing whiteboard crypto.eth with somebody is i ‘d need to share
Present 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 type of blockchain based domain you can transfer it to anywhere you desire whatever wallet you want with ease fine so now let’s jump into my laptop and enter into the guide section of the video where i want to show you unstoppable domain names how to get a domain name how to set up a specific wallet so you can attach the domain name that you purchased to your wallet and so on so you can really understand how to properly use unstoppable domain so let’s get started welcome to my laptop let’s start so this is unstoppable domains.com now to get started with this site is extremely basic you just come here and after that you type in the domain that you want right here and after that click search now i want just wish to point out that they do have specific cost points for the number of 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 pricey it’s going to be so for example if i was come here and i type in my surname 2 400 uh i think i’ll pass but anyways let me proceed and simply include this to haul for demonstration purposes we’ll go to the carts which’s it all right 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 versatile i like it’s that it’s not one of those strange crypto websites where you have to pay in cryptocurrency or you have to buy unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you want to use alright 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 site dot crypto and that’s it how to declare your crypto domain address now the reason why you ‘d want to go through the process and actually claim uh your domain addresses because one then you in fact own it then 2 you can do whatever you desire with it if you want to go sell 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 until you in fact 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 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 claim your domain name the first way is that you have to buy 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 via gas costs number two 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 just wait until august so then they’ll have a scaling service that makes it simple to claim but anyways to get started is extremely simple so we go here state if i desire to claim this one make a website.crypto we’ll claim with ethereum right there declare process started so now we have to send the code by e-mail so click that and so 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 simply highlight that right click copy paste there we go boom put that in all right 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 particularly for ethereum now there are a couple of different wallets that they suggest 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 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 start with metamask is easy meta mask there we go fine so we click on this link then we wish to download it now click that install metamask for chrome all right and let’s proceed and add to chrome add extension and there we go alright so now the metamask app is installed on our internet browser so we just click get going we are new to metamask so here is where you need to establish a wallet a wallet is what you finish with your cryptocurrency Namecoin Profitability Calculator