discuss topics of the cryptocurrency world…Namecoin Waller. using examples 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 people entering the complex crypto area before we really 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 love using examples so that’s precisely what we’re going to be utilizing to assist you understand dns so dns means domain service which is an elegant way of stating that it is an useful service which enables us humans to key in human readable addresses into the search bar and after that it will instantly turn them into maker readable addresses so the majority of you are most likely knowledgeable about ip addresses and those are precisely how a computer system at one end of the internet knows how to talk particularly to another computer system elsewhere and not just shriek 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 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 gets a package back to send to you now the plan is then unpacked by your computer to reveal you the entirety of the google.com home page using complex mathematics and software all of this
interaction happens behind the scenes but to you it’s easy and easy to use 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 nets since it makes good sense to us so that’s essentially what a dns is a translator for people to speak machine code next up let’s see how this works for crypto ens is basically the very same thing that i simply pointed out except it’s for ethereum ens stands for ethereum name service and pretty much lets me inform 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 don’t have 20 and you wish to support the channel do not hesitate to leave a like below it’s free and it rewards all our effort on this video and the past hundred that we have actually been actually hard at work producing however anyways if you’re not used to understanding crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d need to share
Existing domain name register to release 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 type of blockchain based domain you can transfer it to any place you want whatever wallet you desire with ease okay so now let’s delve into my laptop computer and get into the tutorial area of the video where i wish to show you unstoppable domain how to get a domain how to set up 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 correctly utilize unstoppable domain so let’s get started welcome to my laptop computer let’s start so this is unstoppable domains.com now to get started with this website is very basic you just come here and after that you type in the domain name that you want right here and after that click search now i desire just wish to mention that they do have particular price points for how many characters remain in the domain name that you want to get so something over 8 characters will be 40 the smaller sized the domain the more costly it’s going to be so for instance if i was come here and i enter my surname 2 400 uh i think i’ll pass however anyways let me go ahead and just include this to cart for presentation purposes 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 actually like i like that it’s flexible i like it’s that it’s not one of those weird 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 entrance you desire to use fine 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 factor why you ‘d desire to go through the procedure and in fact claim uh your domain addresses due to the fact that one then you in fact own it then 2 you can do whatever you want 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 buy 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 exact same so this is on there this is you know it’s like a hot wallet i guess 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 declare your domain name the very first method is that you have to acquire a claim with credits fee so that expenses 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 in fact have to pay uh to move things on and off through gas charges number 2 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 just wait till august so then they’ll have a scaling solution that makes it easy to claim but anyways to get begun is very simple so we go here state if i desire to declare this one make a website.crypto we’ll claim with ethereum right there claim 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 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 best click copy paste there we go boom put that in okay excellent now you’re like whoa what do i do choose wallet for claiming 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
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 simply going to use metamask so to get going with metamask is easy meta mask there we go alright so we click here then we want to download it now click that install metamask for chrome alright and let’s go on and add to chrome add extension and there we go alright so now the metamask app is set up on our internet browser so we simply click get going we are brand-new to metamask so here is where you need to set up a wallet a wallet is what you make with your cryptocurrency Namecoin Waller