describe topics of the cryptocurrency world…What Are The 3 New Opcodes Introduced By Namecoin?. using analogies stories and examples so that you can quickly understand 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 getting into the complex crypto area prior to 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 love utilizing examples so that’s exactly what we’re going to be using to assist you comprehend dns so dns means domain service which is an elegant way of stating that it is a valuable service which enables us human beings to type in human understandable addresses into the search bar and then it will automatically turn them into maker understandable addresses so most of you are most likely familiar with ip addresses and those are precisely how a computer system at one end of the web understands how to talk specifically to another computer system somewhere else and not just shout it into the abyss that is the web when you enter google.com and you hit enter your computer 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 trying to find them and then gets a package back to send to you now the plan is then unpacked by your computer to reveal you the whole of the google.com web page utilizing complex math and software application all of this
communication takes place behind the scenes however to you it’s basic and easy to use in fact if we needed to key in 22.214.171.124 into the url bar instead of google.com a lot more people would be puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and nets because it makes good sense to us so that’s essentially 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 pointed out other than it’s for ethereum ens means 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 want to support the channel feel free to leave a like listed below it’s complimentary and it rewards all our hard work on this video and the past hundred that we have actually been really hard at work creating but anyways if you’re not used to understanding crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d have to share
Present domain name register to launch domain or in order to move it over to this other domain name register and so on uh when you have a dot crypto dot zill any kind of blockchain based domain you can move it to anywhere you want whatever wallet you want with ease fine so now let’s delve into my laptop and get into the guide section of the video where i wish to show you unstoppable domain how to get a domain how to establish a particular wallet so you can connect the domain name that you bought to your wallet etc so you can truly comprehend how to effectively utilize unstoppable domain names so let’s begin welcome to my laptop let’s start so this is unstoppable domains.com now to begin with this website is very easy you simply come here and after that you key in the domain name that you want right here and after that click on search now i desire simply want to point out that they do have specific rate points for the number of characters remain in the domain that you want to get so something over 8 characters will be 40 the smaller sized the domain the more costly it’s going to be so for example if i was come here and i enter my last name 2 400 uh i believe i’ll pass however anyways let me go on and simply add this to cart for presentation purposes 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 truly like i like that it’s flexible i like it’s that it’s not one of those weird crypto websites where you have to pay in cryptocurrency or you have to buy unstoppable coin then exchange it or whatever no you can pay with however payment gateway you desire to utilize okay and that’s it and so once 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 reason why you ‘d desire to go through the procedure and really 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 want to go offer it on some type of like nft marketplace you can go ahead and do that okay so just like when you purchase any type of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou till 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 know this is you you have not declared it yet so it’s an iou that you own this and so i just desire to briefly reference at the time of this video that there are a couple of ways to declare your domain name the very first method is that you have to purchase a claim with credits charge so that costs uh at this time 40 per domain name and so that’s pays for the gas charges you’re like what are gas fees 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 charges directly 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 until august so then they’ll have a scaling option that makes it easy to claim but anyways to get started is very simple so we go here state if i desire to declare this one make a website.crypto we’ll declare with ethereum right there declare procedure started so now we have to send the code by e-mail 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 simply highlight that best click copy paste there we go boom put that in fine terrific now you’re like whoa what do i do choose 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 different 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 just going to utilize metamask so to get going with metamask is easy meta mask there we go all right so we click here then we want to download it now click that set up metamask for chrome okay and let’s go ahead and contribute to chrome add extension and there we go all right so now the metamask app is set up on our browser so we just click on begin we are new to metamask so here is where you need to set up a wallet a wallet is what you make with your cryptocurrency What Are The 3 New Opcodes Introduced By Namecoin?