explain subjects of the cryptocurrency world…What Is A .Crypto Domain. 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 much better than ens and what that means for individuals getting into the complicated crypto area before we really get to understanding the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we like utilizing examples so that’s exactly what we’re going to be utilizing to assist you understand dns so dns stands for domain name service which is a fancy method of saying that it is a practical service which permits us people to type in human readable addresses into the search bar and then it will immediately turn them into machine understandable addresses so most of you are probably knowledgeable about ip addresses and those are exactly how a computer at one end of the internet knows how to talk specifically to another computer somewhere else and not just shout it into the abyss that is the web when you enter 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 gets a plan back to send to you now the package is then unpacked by your computer to reveal you the whole of the google.com web page using complex mathematics and software application all of this
interaction happens behind the scenes however to you it’s basic and user friendly in fact if we needed to enter 8.8.8.8 into the url bar instead of google.com a lot more people 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 humans to speak machine code next up let’s see how this works for crypto ens is basically the very same thing that i simply mentioned other than it’s for ethereum ens represents ethereum name service and pretty much lets me inform you that whiteboardcrypto.eth is my wallet address so you can just type that in and pay me 20 if you desire 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 totally free and it rewards all our effort on this video and the past hundred that we have actually been actually hard at work producing however anyways if you’re not used to understanding crypto the option to sharing white boards crypto.eth with someone is i ‘d have to share
Existing domain name register to release domain name or in order to move it over to this other domain register and so on uh when you have a dot crypto dot zill any kind of blockchain based domain you can transfer it to any place you desire whatever wallet you want with ease all right so now let’s delve into my laptop computer and enter into the guide section of the video where i wish to reveal you unstoppable domain names how to get a domain name how to set up a particular wallet so you can connect the domain name that you purchased to your wallet etc so you can actually understand how to effectively use unstoppable domain so let’s get going welcome to my laptop let’s start so this is unstoppable domains.com now to start with this website is very simple you just come here and after that you key in the domain that you want right here and after that click search now i desire simply want to point out that they do have particular price points for the number of characters are in the domain name 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 type in my last name 2 400 uh i think i’ll pass however anyways let me go on and simply add this to haul for presentation functions we’ll go to the carts which’s it fine and
then you click 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 flexible i like it’s that it’s not one of those odd crypto sites where you have to pay in cryptocurrency or you need to buy unstoppable coin then exchange it or whatever no you can pay with however payment gateway you wish to utilize okay 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 site dot crypto which’s it how to claim your crypto domain address now the reason you ‘d want to go through the procedure and in fact declare uh your domain addresses since one then you actually own it then 2 you can do whatever you desire with it if you wish to go sell it on some type of like nft market you can proceed and do that all right so similar to 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 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 think you understand this is you you have not declared it yet so it’s an iou that you own this and so i just want 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 need to purchase a claim with credits fee so that expenses 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 really have to pay uh to move things on and off by means of gas fees second 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 up until august so then they’ll have a scaling solution that makes it simple to claim but anyways to start is really easy so we go here state if i want to claim this one make a website.crypto we’ll claim with ethereum right there claim procedure began so now we need to send out the code by email so click that and so right over here we’ll jump 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 simply highlight that best click copy paste there we go boom put that in okay great now you resemble 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 specifically for ethereum now there are a few 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 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 get going with metamask is easy meta mask there we go alright so we click here then we want to download it now click on that set up metamask for chrome all right 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 browser so we simply click on get started we are brand-new to metamask so here is where you need to establish a wallet a wallet is what you make with your cryptocurrency What Is A .Crypto Domain