explain subjects of the cryptocurrency world…What Is A Namecoin Address. utilizing 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 better than ens and what that means for people entering the complicated crypto area before we in fact get to understanding the power of unstoppable domains the first thing we’ll need to do is understand dns here at whiteboard crypto we love utilizing examples so that’s precisely what we’re going to be using to assist you comprehend dns so dns stands for domain name service which is an elegant method of stating that it is a practical service which enables us human beings to key in human understandable addresses into the search bar and then it will immediately turn them into maker legible addresses so most of you are most likely familiar with ip addresses and those are exactly how a computer at one end of the internet understands how to talk particularly to another computer system somewhere else and not just shout it into the void that is the web when you enter google.com and you struck enter your computer sends out 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 looking for them and then gets a bundle back to send to you now the plan is then unpacked by your computer to show you the totality of the google.com web page utilizing complex math and software application all of this
interaction occurs behind the scenes however to you it’s easy and user friendly in fact if we had to key in 8.8.8.8 into the url bar instead of google.com a lot more individuals would be confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and internet 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 very same thing that i just discussed other than it’s for ethereum ens represents ethereum name service and practically lets me inform 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 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 effort on this video and the past hundred that we’ve been actually hard at work producing however anyways if you’re not utilized to comprehending crypto the option to sharing white boards crypto.eth with someone is i ‘d have to share
Present 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 name you can move it to anywhere you want whatever wallet you want with ease all right so now let’s delve into my laptop and get into the guide 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 name that you bought to your wallet etc so you can actually comprehend how to properly utilize unstoppable domain names so let’s get started welcome to my laptop let’s begin so this is unstoppable domains.com now to begin with this site is really easy you just come here and after that you type in the domain name that you desire right here and after that click search now i desire just wish to mention that they do have particular price 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 the domain name the more costly 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 but anyways let me go on and simply add this to cart for presentation functions we’ll go to the carts and that’s it all right and
then 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 actually 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 need to buy unstoppable coin then exchange it or whatever no you can pay with however payment entrance you want to utilize okay which’s it and so once you’re all set then you’ll have your my domain list in your account therefore 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 you ‘d wish to go through the process and really claim uh your domain addresses since one then you actually own it then 2 you can do whatever you want with it if you want to go offer it on some type of like nft marketplace you can go ahead and do that fine so just like 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 in fact 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 guess you understand this is you you haven’t claimed it yet so it’s an iou that you own this therefore i just wish to briefly mention at the time of this video that there are a couple of methods to claim your domain the very first method is that you have to acquire a claim with credits cost so that expenses uh at this time 40 per domain therefore that’s spends for the gas costs you resemble what are gas costs look this the ethereum network you really need to pay uh to move things on and off through gas costs 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 simply wait till august so then they’ll have a scaling service that makes it simple to claim however anyways to start is really simple so we go here state if i wish to claim this one make a website.crypto we’ll declare with ethereum right there claim process started so now we need to send out the code by e-mail 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 simply highlight that ideal click copy paste there we go boom put that in all right great now you resemble whoa what do i do pick wallet for claiming 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 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 using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re just going to utilize metamask so to start with metamask is easy meta mask there we go all right so we click on this link then we want to download it now click that set up metamask for chrome fine and let’s go ahead and contribute to chrome include extension and there we go okay so now the metamask app is set up on our browser so we simply click on begin we are new to metamask so here is where you need to set up a wallet a wallet is what you do with your cryptocurrency What Is A Namecoin Address