discuss topics of the cryptocurrency world…Namecoin Reward. using examples stories and examples so that you can quickly understand them in this video we are going to be discussing what unstoppable domains is how they might be better than ens and what that implies for individuals entering into the complicated crypto area before we in fact get to comprehending 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 precisely what we’re going to be using to help you understand dns so dns stands for domain service which is an expensive method of saying that it is a practical service which enables us human beings to key in human readable addresses into the search bar and then it will instantly turn them into machine readable addresses so most of you are most likely familiar with ip addresses and those are exactly how a computer system at one end of the internet understands how to talk particularly to another computer somewhere else and not just shout it into the abyss that is the web when you key in google.com and you struck enter your computer sends a message to your internet service provider stating yo where’s google the internet service provider discovers and goes to where google is tells them that you are looking for them and after that grabs a plan back to send to you now the bundle is then unpacked by your computer system to show you the entirety of the google.com home page using complicated mathematics and software all of this
communication takes place behind the scenes but to you it’s easy 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 people would be puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and webs because it makes 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 basically the exact same thing that i just mentioned other than 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 merely 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 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 actually hard at work producing but anyways if you’re not utilized to understanding crypto the option to sharing whiteboard 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 etc uh when you have a dot crypto dot zill any type of blockchain based domain name you can transfer it to wherever you want whatever wallet you want with ease fine so now let’s jump into my laptop computer and get 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 connect the domain name that you purchased to your wallet and so on so you can really comprehend how to appropriately use unstoppable domain so let’s begin welcome to my laptop computer let’s start so this is unstoppable domains.com now to start with this site is really easy you just come here and then you type in the domain that you desire right here and then click on search now i want just wish to point out that they do have specific price points for the number of characters remain in the domain name that you want to get so something over 8 characters will be 40 the smaller the domain the more pricey it’s going to be so for example if i was come here and i key in my surname 2 400 uh i believe i’ll pass however anyways let me go ahead and simply include this to haul for demonstration purposes we’ll go to the carts and that’s it fine and
then you click on here checkout which’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 flexible i like it’s that it’s not one of those strange crypto sites where you have to pay in cryptocurrency or you have to buy unstoppable coin then exchange it or whatever no you can pay with however payment gateway you want to use all right 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 therefore 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 reason why you ‘d want to go through the procedure and actually claim uh your domain addresses because one then you actually own it then 2 you can do whatever you desire with it if you want to go offer it on some type of like nft marketplace you can proceed and do that alright so much like when you purchase any type of cryptocurrency from an exchange like uh coinbase for instance what it is is just an iou it’s an iou until you really 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 think you know this is you you haven’t claimed it yet so it’s an iou that you own this therefore i just want to briefly mention at the time of this video that there are a couple of ways to declare your domain name the first method is that you need to buy a claim with credits cost so that costs uh at this time 40 per domain name therefore that’s spends for the gas costs you’re like what are gas fees look this the ethereum network you actually need to pay uh to move things on and off via gas charges number two is you can pay the gas fees directly 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 easy to claim but anyways to start is very basic so we go here state if i want to claim this one make a website.crypto we’ll claim with ethereum right there declare procedure started so now we have to send out the code by email so click that and so right over here we’ll leap over here and wait on 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 simply highlight that ideal click copy paste there we go boom put that in okay terrific now you resemble 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 couple of various 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 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 easy meta mask there we go alright so we click here then we want to download it now click on that set up metamask for chrome fine and let’s go ahead and add to chrome add extension and there we go okay so now the metamask app is set up on our web browser so we simply click start we are new to metamask so here is where you have to establish a wallet a wallet is what you make with your cryptocurrency Namecoin Reward