describe topics of the cryptocurrency world…What Is Crypto Domain. using analogies stories and examples so that you can easily comprehend them in this video we are going to be discussing what unstoppable domains is how they might be better than ens and what that indicates for people entering the complex crypto space before we really get to comprehending the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at white boards crypto we enjoy using examples so that’s exactly what we’re going to be using to help you understand dns so dns stands for domain service which is an expensive method of saying that it is a practical service which allows us human beings to enter human understandable addresses into the search bar and then it will instantly turn them into machine understandable addresses so most of you are most likely knowledgeable about ip addresses and those are exactly how a computer at one end of the web understands how to talk particularly to another computer system somewhere else and not simply shout it into the abyss that is the web when you type in google.com and you hit enter your computer sends out 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 looking for them and then grabs 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 using complicated math and software all of this
communication happens behind the scenes however to you it’s basic and user friendly in fact if we needed to key in 8.8.8.8 into the url bar instead of google.com a lot more people would be confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and webs due to the fact that 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 simply mentioned except it’s for ethereum ens stands for 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 desire by the way if you don’t have 20 and you wish to support the channel feel free 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’ve been really hard at work developing however anyways if you’re not utilized to understanding crypto the option to sharing whiteboard crypto.eth with someone is i ‘d need to share
Current 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 you can transfer it to wherever you want whatever wallet you want with ease all right so now let’s delve into my laptop and get into the tutorial section of the video where i want to reveal you unstoppable domain how to get a domain how to set up a specific wallet so you can attach the domain name that you bought to your wallet and so on so you can actually understand how to properly utilize unstoppable domain names so let’s get started welcome to my laptop computer let’s start so this is unstoppable domains.com now to get started with this website is very basic you simply come here and then you type in the domain name that you want right here and after that click search now i want simply wish to discuss that they do have specific cost points for the number of characters remain in the domain that you wish to get so something over 8 characters will be 40 the smaller the domain name the more expensive it’s going to be so for instance if i was come here and i key in my surname 2 400 uh i believe i’ll pass however anyways let me proceed and just include this to haul for demonstration functions we’ll go to the carts and that’s it okay and
then you click here checkout which’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 unusual crypto sites where you have to pay in cryptocurrency or you have to buy unstoppable coin then exchange it or whatever no you can pay with nevertheless payment entrance you want to use alright and that’s it therefore once you’re all set then you’ll have your my domain list in your account and so we have right down there so i own my name dot crypto and make a website dot crypto which’s it how to declare your crypto domain address now the reason you ‘d wish to go through the process and actually claim uh your domain addresses due to the fact that one then you really own it then 2 you can do whatever you desire with it if you wish to go offer it on some kind of like nft market you can go ahead 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 just 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 understand it’s like 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 simply wish to briefly reference at the time of this video that there are a few ways to declare your domain the first method is that you need to buy a claim with credits fee so that costs uh at this time 40 per domain and so that’s spends for the gas fees you resemble what are gas costs look this the ethereum network you actually need to pay uh to move things on and off through gas fees number two is you can pay the gas fees directly from your own wallet so if you currently have a wallet set up 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 option that makes it simple to claim but anyways to get going is very easy so we go here state if i want to claim this one make a website.crypto we’ll declare with ethereum right there declare process started 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 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 best click copy paste there we go boom put that in all right excellent 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 couple of 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 all right so we click on this link then we wish to download it now click on that install metamask for chrome all right and let’s proceed and add to chrome include extension and there we go all right so now the metamask app is installed on our web browser so we just click on begin we are new to metamask so here is where you have to set up a wallet a wallet is what you do with your cryptocurrency What Is Crypto Domain