discuss subjects of the cryptocurrency world…Namecoin Wallet. using examples stories and examples so that you can quickly understand them in this video we are going to be describing what unstoppable domains is how they might be better than ens and what that means for people entering into the complicated crypto space before we really get to comprehending the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at whiteboard crypto we love utilizing examples so that’s exactly what we’re going to be using to help you understand dns so dns means domain name service which is a fancy way of stating that it is a practical service which permits us humans to key in human readable addresses into the search bar and after that it will immediately turn them into device understandable addresses so the majority of you are most likely familiar with ip addresses and those are exactly how a computer system at one end of the internet knows how to talk specifically to another computer elsewhere and not simply scream it into the abyss that is the web when you enter google.com and you hit enter your computer sends out a message to your internet service provider stating 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 after that grabs a package back to send out to you now the plan is then unpacked by your computer to show you the entirety of the google.com home page utilizing complicated mathematics and software all of this
communication takes place behind the scenes but to you it’s basic and easy to use in fact if we had to key in 8.8.8.8 into the url bar instead of google.com a lot more people would be puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and internet due to the fact that it makes 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 basically the exact same thing that i simply discussed other than it’s for ethereum ens represents ethereum name service and pretty much lets me inform you that whiteboardcrypto.eth is my wallet address so you can simply type that in and pay me 20 if you desire by the way if you do not have 20 and you wish to support the channel do not hesitate to leave a like listed below it’s complimentary 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 comprehending crypto the alternative to sharing white boards crypto.eth with somebody is i ‘d need to share
Current domain register to launch domain name or in order to move it over to this other domain register etc uh when you have a dot crypto dot zill any kind of blockchain based domain you can transfer it to any place you desire whatever wallet you desire with ease all right so now let’s jump into my laptop computer and enter into the guide area of the video where i wish to reveal 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 correctly use unstoppable domain so let’s get started welcome to my laptop let’s begin so this is unstoppable domains.com now to start with this site is really basic you just come here and after that you enter the domain that you desire right here and then click search now i want simply wish to point out that they do have specific cost points for how many characters remain 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 example if i was come here and i enter my surname 2 400 uh i believe i’ll pass but anyways let me proceed and simply include this to haul for presentation functions we’ll go to the carts and that’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 versatile 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 nevertheless 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 claim your crypto domain address now the factor why you ‘d desire to go through the procedure and really declare uh your domain addresses since one then you in fact 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 marketplace you can go ahead and do that all right so just like when you buy any type of cryptocurrency from an exchange like uh coinbase for example what it is is just an iou it’s an iou up until you really 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 understand this is you you have not claimed it yet so it’s an iou that you own this and so i simply desire to briefly reference at the time of this video that there are a couple of methods to claim your domain name the first method is that you have to buy a claim with credits fee 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 charges look this the ethereum network you really 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 already have a wallet set up and you have ethereum in there you can pay with your own ethereum or you can simply wait till august so then they’ll have a scaling option that makes it simple to claim however anyways to get begun is extremely simple so we go here state if i desire to declare 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 email 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 just highlight that right click copy paste there we go boom put that in fine 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 specifically for ethereum now there are a few 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 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 get start with metamask is simple meta mask there we go okay so we click here then we wish to download it now click on that set up metamask for chrome alright and let’s proceed and contribute to chrome add extension and there we go alright so now the metamask app is installed on our browser so we just click get going we are brand-new to metamask so here is where you have to set up a wallet a wallet is what you finish with your cryptocurrency Namecoin Wallet