describe subjects of the cryptocurrency world…Namecoin-qt Macosx. using 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 indicates for people entering the complex crypto space prior to we actually get to comprehending the power of unstoppable domains the first thing we’ll need to do is understand dns here at whiteboard crypto we like using examples so that’s precisely what we’re going to be utilizing to help you comprehend dns so dns means domain service which is an expensive way of stating that it is an useful service which enables us human beings to key in human readable addresses into the search bar and after that it will instantly turn them into machine legible addresses so most of you are probably knowledgeable about ip addresses and those are exactly how a computer at one end of the internet understands how to talk specifically to another computer elsewhere and not simply shout it into the void 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 package back to send out to you now the package is then unpacked by your computer to show you the entirety of the google.com web page utilizing complex mathematics and software application all of this
interaction occurs behind the scenes however to you it’s basic and user friendly in fact if we needed to key in 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 internet since 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 means ethereum name service and basically lets me inform 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 do not have 20 and you wish to support the channel feel free to leave a like below it’s free and it rewards all our hard work on this video and the past hundred that we’ve been really hard at work producing but anyways if you’re not utilized to understanding crypto the option 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 name register and so on uh when you have a dot crypto dot zill any kind of blockchain based domain name you can transfer it to wherever you desire whatever wallet you want with ease okay so now let’s jump into my laptop computer and enter the guide section of the video where i wish to show you unstoppable domain how to get a domain how to establish a particular wallet so you can attach the domain name that you bought to your wallet and so on so you can really comprehend how to appropriately use unstoppable domain names so let’s begin welcome to my laptop let’s begin so this is unstoppable domains.com now to get started with this site is very simple you just come here and after that you type in the domain that you want right here and after that click on search now i desire simply want to mention that they do have particular price points for how many characters are in the domain name that you wish to get so something over 8 characters will be 40 the smaller sized the domain name the more costly it’s going to be so for instance if i was come here and i enter my last name 2 400 uh i believe i’ll pass however 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
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 actually like i like that it’s versatile 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 utilize 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 website dot crypto and that’s it how to declare your crypto domain address now the factor why you ‘d desire to go through the procedure and actually claim uh your domain addresses because one then you really own it then two you can do whatever you desire with it if you want to go sell it on some type of like nft marketplace you can go ahead and do that okay so just 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 till 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 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 reference 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 purchase a claim with credits fee so that costs uh at this time 40 per domain name and so that’s pays for the gas fees you’re like what are gas charges look this the ethereum network you actually have to pay uh to move things on and off by means of gas charges number two is you can pay the gas costs straight from your own wallet so if you currently have a wallet set up and you have ethereum in there you can pay with your own ethereum or you can simply wait up until august so then they’ll have a scaling service that makes it simple to claim however anyways to get started is really easy so we go here state if i want to claim this one make a website.crypto we’ll declare with ethereum right there claim procedure 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 just highlight that best 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 specifically for ethereum now there are a couple of various wallets that they advise 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 utilize metamask so to begin with metamask is easy meta mask there we go fine so we click here then we wish to download it now click that install metamask for chrome all right and let’s go ahead and contribute to chrome add extension and there we go all right so now the metamask app is set up on our internet 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 do with your cryptocurrency Namecoin-qt Macosx