discuss subjects of the cryptocurrency world…What Is A .Crypto Domain. using analogies stories and examples so that you can easily understand them in this video we are going to be explaining what unstoppable domains is how they might be better than ens and what that indicates for individuals entering 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 enjoy utilizing examples so that’s exactly what we’re going to be using to assist you understand dns so dns means domain service which is a fancy way of stating that it is a helpful service which enables us humans to enter human readable addresses into the search bar and after that it will immediately turn them into maker legible addresses so most of you are most likely knowledgeable about ip addresses and those are precisely how a computer at one end of the web knows how to talk particularly to another computer system elsewhere and not just 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 saying yo where’s google the internet service provider finds out and goes to where google is tells them that you are searching for them and after that grabs a package back to send to you now the package is then unpacked by your computer system to reveal you the entirety of the google.com web page utilizing complicated mathematics and software application all of this
interaction takes place behind the scenes but to you it’s easy and user friendly 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 puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and webs because 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 basically the very same thing that i simply discussed except it’s for ethereum ens stands for ethereum name service and basically 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 don’t have 20 and you wish to support the channel do not hesitate to leave a like listed below it’s totally free and it rewards all our hard work on this video and the past hundred that we have actually been actually hard at work creating but anyways if you’re not used to comprehending crypto the option to sharing white boards crypto.eth with someone is i ‘d need to share
Existing domain register to launch domain name or in order to move it over to this other domain name register etc uh when you have a dot crypto dot zill any type of blockchain based domain name you can move it to any place you desire whatever wallet you desire with ease okay so now let’s delve into my laptop computer and get into the guide section of the video where i wish to reveal you unstoppable domain how to get a domain how to establish a particular wallet so you can attach the domain that you purchased to your wallet and so on so you can really understand how to appropriately utilize unstoppable domain so let’s get going welcome to my laptop computer let’s start so this is unstoppable domains.com now to get started with this site is extremely basic you simply come here and after that you key in the domain that you want right here and then click on search now i desire simply want to discuss that they do have particular price points for the number of characters remain in the domain name that you want to get so something over 8 characters will be 40 the smaller sized the domain the more pricey it’s going to be so for example if i was come here and i type in my surname 2 400 uh i think i’ll pass however anyways let me go ahead and simply add this to haul for demonstration purposes we’ll go to the carts and that’s it fine and
then you click 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 really like i like that it’s flexible i like it’s that it’s not one of those odd crypto websites where you have to pay in cryptocurrency or you have to purchase unstoppable coin then exchange it or whatever no you can pay with however payment entrance you wish to utilize all right which’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 website dot crypto and that’s it how to declare your crypto domain address now the reason you ‘d want to go through the process and in fact claim uh your domain addresses since one then you in fact own it then 2 you can do whatever you want with it if you want to go sell it on some type of like nft marketplace you can proceed and do that all right so similar to when you buy any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is simply an iou it’s an iou till you really move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you understand it resembles a hot wallet i guess you understand this is you you have not claimed 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 ways to claim your domain name the very first way is that you need to acquire a claim with credits cost so that expenses uh at this time 40 per domain and so that’s spends for the gas fees you’re like what are gas charges look this the ethereum network you in fact have to pay uh to move things on and off by means of gas charges second is you can pay the gas charges 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 easy to claim however anyways to start is extremely simple so we go here say if i want to declare 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 on 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 all right terrific now you resemble 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 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 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 start with metamask is simple meta mask there we go alright so we click on this link then we want to download it now click that install metamask for chrome okay and let’s proceed and contribute to chrome add extension and there we go alright so now the metamask app is installed on our web browser so we just click begin 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 What Is A .Crypto Domain