explain topics of the cryptocurrency world…Putting Public Domain Blockchain. using analogies stories and examples so that you can easily comprehend them in this video we are going to be describing what unstoppable domains is how they might be better than ens and what that suggests for people getting into the complicated crypto space before we in fact get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we enjoy utilizing examples so that’s exactly what we’re going to be using to help you understand dns so dns represents domain name service which is a fancy way of saying that it is a valuable service which enables us humans to enter human legible addresses into the search bar and after that it will automatically turn them into device understandable addresses so the majority of you are probably acquainted with ip addresses and those are precisely how a computer system at one end of the web understands how to talk particularly to another computer somewhere else and not simply shout it into the void that is the web when you key in google.com and you hit enter your computer sends 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 then gets a plan back to send out to you now the plan is then unpacked by your computer system to reveal you the entirety of the google.com home page utilizing complicated mathematics and software all of this
interaction occurs behind the scenes however to you it’s basic and user friendly in fact if we had to type 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 nets due to the fact that it makes sense to us so that’s essentially what a dns is a translator for human beings to speak machine code next up let’s see how this works for crypto ens is essentially the same thing that i just discussed except it’s for ethereum ens stands for ethereum name service and basically lets me tell 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 want to support the channel feel free 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 have actually been actually hard at work producing however anyways if you’re not utilized to comprehending crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d have to share
Existing domain name register to release domain 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 desire with ease fine so now let’s delve into my laptop and enter the guide area of the video where i want to show you unstoppable domain names how to get a domain how to set up a particular wallet so you can attach the domain name that you purchased to your wallet and so on so you can actually comprehend how to effectively use 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 extremely basic you simply come here and then you enter the domain that you desire right here and then click search now i want just want to discuss that they do have particular price points for the number of characters remain in the domain that you wish 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 last name 2 400 uh i believe i’ll pass however anyways let me go ahead and simply add this to haul for presentation functions we’ll go to the carts and that’s it fine and
then you click here checkout and that’s it therefore 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 unusual 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 gateway you want to utilize all right and that’s it therefore as soon as you’re all set then you’ll have your my domain 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 claim your crypto domain address now the reason why you ‘d want to go through the procedure and in fact claim uh your domain addresses due to the fact that one then you actually own it then two you can do whatever you desire with it if you wish to go sell it on some type of like nft market you can go on and do that all right so just like when you buy any type of cryptocurrency from an exchange like uh coinbase for instance what it is is simply 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 resembles a hot wallet i guess you know this is you you have not declared it yet so it’s an iou that you own this therefore i just wish to briefly mention at the time of this video that there are a couple of methods to declare your domain name the very first way is that you have to buy a claim with credits cost 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 charges look this the ethereum network you actually have to pay uh to move things on and off through gas fees second is you can pay the gas fees 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 just wait till august so then they’ll have a scaling solution that makes it simple to claim however anyways to get going is very simple so we go here say if i want to claim this one make a website.crypto we’ll declare with ethereum right there claim procedure began 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 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 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 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 begin 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 all right and let’s go ahead and add to chrome add extension and there we go all right so now the metamask app is installed on our internet browser so we simply click begin we are brand-new to metamask so here is where you have to set up a wallet a wallet is what you make with your cryptocurrency Putting Public Domain Blockchain