explain topics of the cryptocurrency world…Sell And Buy Namecoin. utilizing examples stories and examples so that you can quickly 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 implies for people entering the complicated crypto area before we in fact get to understanding the power of unstoppable domains the first thing we’ll require to do is understand dns here at white boards crypto we like using examples so that’s exactly what we’re going to be utilizing to assist you comprehend dns so dns represents domain name service which is a fancy method of saying that it is a helpful service which permits us people to type in human readable addresses into the search bar and then it will immediately turn them into machine legible addresses so most of you are probably acquainted with ip addresses and those are exactly how a computer at one end of the internet understands how to talk particularly to another computer somewhere else and not simply scream it into the abyss that is the web when you key in google.com and you struck enter your computer system 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 looking for them and after that grabs a bundle back to send to you now the bundle is then unpacked by your computer to show you the totality of the google.com web page utilizing complex mathematics and software all of this
interaction takes place behind the scenes however to you it’s simple and easy to use 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 confused right we don’t 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 human beings to speak machine code next up let’s see how this works for crypto ens is essentially the exact same thing that i just discussed except it’s for ethereum ens means ethereum name service and practically lets me tell you that whiteboardcrypto.eth is my wallet address so you can simply type that in and pay me 20 if you want by the way if you don’t have 20 and you want to support the channel feel free to leave a like below it’s complimentary and it rewards all our hard work on this video and the past hundred that we’ve been really hard at work creating however anyways if you’re not used to understanding crypto the alternative to sharing white boards crypto.eth with someone is i ‘d need to share
Present domain register to release domain 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 anywhere you desire whatever wallet you desire with ease alright so now let’s delve into my laptop and enter into the tutorial area of the video where i want to show you unstoppable domain how to get a domain how to establish a particular wallet so you can connect the domain that you bought to your wallet and so on so you can truly understand how to properly use unstoppable domain names so let’s get going welcome to my laptop computer let’s begin so this is unstoppable domains.com now to start with this website is extremely easy you just come here and then you type in the domain name that you desire right here and then click on search now i desire simply wish to point out that they do have particular 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 name the more pricey it’s going to be so for instance if i was come here and i enter my last name 2 400 uh i think i’ll pass but anyways let me proceed and just include this to cart for presentation purposes we’ll go to the carts which’s it alright and
then you click on here checkout and that’s it therefore you can pay with a charge 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 odd 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 use all right which’s it and so once 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 want to go through the process and actually claim uh your domain addresses since one then you really own it then two you can do whatever you want with it if you wish to go offer it on some type of like nft market you can proceed and do that all right so much like when you purchase any type of cryptocurrency from an exchange like uh coinbase for instance what it is is simply an iou it’s an iou up until you in fact move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you understand it’s like a hot wallet i think you know this is you you haven’t declared it yet so it’s an iou that you own this and so i just wish to briefly mention at the time of this video that there are a few methods to claim your domain the first way is that you need to purchase a claim with credits fee so that costs uh at this time 40 per domain name therefore that’s pays 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 via gas costs second 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 simply wait until august so then they’ll have a scaling service that makes it easy to claim however anyways to get going is really basic so we go here say if i wish to claim this one make a website.crypto we’ll declare with ethereum right there declare process began so now we have to send out the code by email so click that therefore 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 right click copy paste there we go boom put that in alright great now you’re like whoa what do i do select 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 suggest 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 use metamask so to get going with metamask is easy meta mask there we go okay so we click here then we want to download it now click that set up metamask for chrome fine and let’s proceed and contribute to chrome include extension and there we go fine so now the metamask app is installed on our internet browser so we simply click start we are new to metamask so here is where you have to set up a wallet a wallet is what you make with your cryptocurrency Sell And Buy Namecoin