discuss topics of the cryptocurrency world…Namecoin To Btc Exchange. utilizing examples stories and examples so that you can easily comprehend them in this video we are going to be explaining what unstoppable domains is how they might be better than ens and what that means for individuals entering the complicated crypto area before we actually get to understanding the power of unstoppable domains the first thing we’ll need to do is understand 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 represents domain service which is an expensive method of stating that it is a practical service which allows us people to key in human understandable addresses into the search bar and after that it will immediately turn them into maker readable addresses so most of you are probably familiar with ip addresses and those are precisely how a computer system at one end of the internet understands how to talk particularly to another computer elsewhere and not just scream it into the abyss that is the web when you type in google.com and you struck enter your computer system sends 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 looking for them and after that gets a package back to send out to you now the plan is then unpacked by your computer system to show you the entirety of the google.com web page utilizing complicated math and software application all of this
communication takes place behind the scenes but to you it’s easy and user friendly in fact if we had to enter 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 webs since it makes good sense to us so that’s basically what a dns is a translator for people to speak machine code next up let’s see how this works for crypto ens is essentially the very same thing that i just discussed except it’s for ethereum ens means ethereum name service and pretty much lets me tell you that whiteboardcrypto.eth is my wallet address so you can just type that in and pay me 20 if you desire by the way if you don’t have 20 and you wish 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 have actually been really hard at work developing however anyways if you’re not utilized to understanding crypto the option to sharing white boards crypto.eth with somebody is i ‘d have to share
Existing domain register to launch domain or in order to move it over to this other domain register etc uh when you have a dot crypto dot zill any type of blockchain based domain you can transfer it to any place you desire whatever wallet you want with ease fine so now let’s jump into my laptop computer and enter the tutorial area of the video where i wish to show you unstoppable domain how to get a domain name how to establish a particular wallet so you can connect the domain name that you purchased to your wallet and so on so you can truly comprehend how to appropriately utilize unstoppable domain so let’s begin welcome to my laptop let’s begin so this is unstoppable domains.com now to start with this site is very simple you simply come here and after that you type in the domain name that you want right here and then click on search now i want simply wish to discuss that they do have particular price points for the number of characters are in the domain that you want to get so something over 8 characters will be 40 the smaller the domain name the more expensive it’s going to be so for instance if i was come here and i key in my last name 2 400 uh i think i’ll pass however anyways let me proceed and just include this to haul for demonstration purposes we’ll go to the carts and that’s it fine 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 entrance you want to utilize 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 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 reason why you ‘d desire to go through the procedure and actually declare uh your domain addresses since one then you really own it then 2 you can do whatever you want with it if you desire 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 simply 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 know it’s like a hot wallet i guess you know this is you you haven’t 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 ways to claim your domain name the first way is that you have to buy a claim with credits fee so that costs uh at this time 40 per domain name and so that’s pays for the gas costs you’re like what are gas fees look this the ethereum network you actually have to pay uh to move things on and off via gas fees number two is you can pay the gas charges 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 just wait till august so then they’ll have a scaling solution that makes it easy to claim however anyways to get started is very easy so we go here say if i want to claim this one make a website.crypto we’ll claim with ethereum right there claim process started so now we have to send out the code by e-mail 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 alright great now you’re like whoa what do i do select wallet for claiming 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
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 begin with metamask is easy meta mask there we go all right so we click here then we wish to download it now click that install metamask for chrome okay and let’s proceed and contribute to chrome add extension and there we go alright so now the metamask app is set up on our web browser so we just click on get started we are brand-new to metamask so here is where you have to set up a wallet a wallet is what you do with your cryptocurrency Namecoin To Btc Exchange