Unstoppable Domains Investors 2022

discuss topics of the cryptocurrency world…Unstoppable Domains Investors. 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 much better than ens and what that indicates for people entering into the complicated crypto area 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 precisely what we’re going to be utilizing to assist you comprehend dns so dns represents domain service which is a fancy way of saying that it is a valuable service which allows us humans to type in human understandable addresses into the search bar and then it will automatically turn them into device readable addresses so the majority of you are most likely familiar with ip addresses and those are precisely how a computer at one end of the internet knows how to talk specifically to another computer system elsewhere and not simply yell it into the abyss that is the web when you key in google.com and you struck 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 looking for them and after that gets a plan back to send out to you now the plan is then unpacked by your computer system to reveal you the whole of the google.com home page utilizing complicated mathematics and software application 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 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 because it makes good sense to us so that’s essentially what a dns is a translator for humans to speak machine code next up let’s see how this works for crypto ens is essentially the same thing that i just pointed out except it’s for ethereum ens stands for 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 desire by the way if you do not 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 hard work on this video and the past hundred that we’ve been actually hard at work creating but anyways if you’re not utilized to comprehending crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d have to share

Existing domain name 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 any place you want whatever wallet you desire with ease okay so now let’s jump into my laptop and enter into the guide area of the video where i want to show you unstoppable domain names how to get a domain name how to establish a particular wallet so you can attach the domain that you purchased to your wallet and so on so you can actually comprehend how to appropriately utilize unstoppable domain names so let’s begin welcome to my laptop computer let’s begin so this is unstoppable domains.com now to start with this website is really easy you simply come here and then you type in the domain name that you want right here and then click search now i want just wish to discuss that they do have particular cost points for how many characters are in the domain name that you want to get so something over 8 characters will be 40 the smaller sized the domain name the more pricey it’s going to be so for instance if i was come here and i type in my last name 2 400 uh i think i’ll pass however anyways let me proceed and simply add this to haul for demonstration purposes we’ll go to the carts which’s it okay and

then you click on here checkout which’s it therefore you can pay with a credit 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 sites where you need to pay in cryptocurrency or you have to purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you want to use alright 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 which’s it how to declare your crypto domain address now the reason why you ‘d wish to go through the procedure and really declare 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 sell it on some type of like nft marketplace you can go ahead and do that fine so just like when you purchase any kind of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou up until you actually 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 guess you understand this is you you haven’t declared it yet so it’s an iou that you own this therefore i simply want to briefly reference at the time of this video that there are a few methods to declare your domain the first way is that you have to purchase a claim with credits charge so that costs uh at this time 40 per domain and so that’s pays for the gas fees you resemble what are gas fees look this the ethereum network you actually need to pay uh to move things on and off via gas fees number two is you can pay the gas fees straight from your own wallet so if you currently have a wallet established 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 solution that makes it simple to claim however anyways to start is really easy so we go here say if i wish to declare this one make a website.crypto we’ll claim with ethereum right there claim process began so now we need to send the code by e-mail so click that therefore 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 ideal click copy paste there we go boom put that in alright 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 particularly for ethereum now there are a few various 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 utilize metamask so to begin with metamask is simple 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 contribute to chrome add extension and there we go all right so now the metamask app is set up on our internet browser so we simply click 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 Unstoppable Domains Investors