explain subjects of the cryptocurrency world…Namecoin What Is?. using analogies stories and examples so that you can easily understand them in this video we are going to be discussing what unstoppable domains is how they might be much better than ens and what that indicates for individuals getting into the complicated crypto area prior to we in fact get to comprehending the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at white boards crypto we like utilizing examples so that’s exactly what we’re going to be using to help you comprehend dns so dns represents domain service which is an expensive way of saying that it is a handy service which enables us human beings to enter human legible addresses into the search bar and then it will immediately turn them into maker legible addresses so the majority of you are most likely knowledgeable about ip addresses and those are exactly how a computer at one end of the web knows how to talk specifically to another computer system somewhere else and not just yell it into the abyss that is the web when you key 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 learns and goes to where google is tells them that you are searching for them and after that grabs a bundle back to send to you now the package is then unpacked by your computer system to show you the entirety of the google.com home page using complex mathematics and software application all of this
communication takes place behind the scenes but to you it’s basic and user friendly in fact if we needed to key in 22.214.171.124 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 nets due to the fact that 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 same thing that i simply mentioned other than it’s for ethereum ens represents ethereum name service and pretty much 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 do not have 20 and you wish to support the channel do not hesitate to leave a like listed below it’s free and it rewards all our hard work on this video and the past hundred that we’ve been truly hard at work producing but anyways if you’re not utilized to comprehending crypto the alternative to sharing white boards crypto.eth with someone is i ‘d have to share
Current domain register to launch 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 kind of blockchain based domain name you can move it to anywhere you desire whatever wallet you want with ease fine so now let’s delve into my laptop and enter into the tutorial section of the video where i want to reveal you unstoppable domain names 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 effectively utilize unstoppable domain so let’s get going welcome to my laptop let’s begin so this is unstoppable domains.com now to get going with this site is very easy you simply come here and then you enter the domain name that you want right here and after that click on search now i want simply want to discuss that they do have specific price points for how many characters remain in the domain that you want to get so something over 8 characters will be 40 the smaller the domain the more expensive it’s going to be so for instance 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 add this to haul for demonstration functions we’ll go to the carts and that’s it all right and
then you click here checkout which’s it therefore you can pay with a charge 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 unusual crypto websites where you have to pay in cryptocurrency or you need to purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment entrance you wish to use alright and that’s it therefore when 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 website dot crypto and that’s it how to declare your crypto domain address now the reason that you ‘d wish to go through the process and really declare uh your domain addresses because one then you in fact own it then 2 you can do whatever you want with it if you wish to go sell it on some type of like nft marketplace you can proceed and do that fine so similar to 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 until you really move the cryptocurrency from coinbase to your own wallet this is the 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 claimed it yet so it’s an iou that you own this therefore i just want to briefly reference at the time of this video that there are a couple of methods to claim your domain the first method is that you need to purchase a claim with credits fee so that expenses uh at this time 40 per domain name therefore that’s spends for the gas costs you’re like what are gas costs look this the ethereum network you in fact have to pay uh to move things on and off via gas charges number two is you can pay the gas costs directly from your own wallet so if you already have a wallet established 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 service that makes it easy to claim but anyways to get going is extremely simple 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 began so now we have to send the code by e-mail so click that therefore right over here we’ll leap over here and await 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 ideal click copy paste there we go boom put that in alright great now you resemble 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 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 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 start with metamask is simple meta mask there we go okay so we click here then we want to download it now click that set up metamask for chrome okay and let’s proceed and add to chrome include extension and there we go fine so now the metamask app is set up on our web browser so we just click on begin we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you finish with your cryptocurrency Namecoin What Is?