discuss topics of the cryptocurrency world…What To Buy Namecoin. using analogies stories and examples so that you can quickly understand them in this video we are going to be explaining what unstoppable domains is how they might be much better than ens and what that indicates for individuals entering into the complicated crypto space prior to we in fact get to understanding the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at whiteboard crypto we love using examples so that’s precisely what we’re going to be utilizing to assist you comprehend dns so dns represents domain service which is a fancy way of saying that it is an useful service which permits us people to key in human legible addresses into the search bar and then it will instantly turn them into device legible addresses so the majority of you are probably acquainted with ip addresses and those are exactly how a computer system at one end of the web understands how to talk specifically to another computer system somewhere else and not simply shriek it into the void that is the web when you key in 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 discovers and goes to where google is tells them that you are searching for them and then gets a bundle back to send out to you now the package is then unpacked by your computer system to reveal you the totality of the google.com home page using complex math and software all of this
communication happens behind the scenes however to you it’s simple 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 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 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 exact same thing that i just pointed out other than it’s for ethereum ens represents ethereum name service and basically lets me tell you that whiteboardcrypto.eth is my wallet address so you can just 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 do not hesitate to leave a like listed below it’s free and it rewards all our effort on this video and the past hundred that we have actually been truly hard at work developing but anyways if you’re not utilized to comprehending crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d need to share
Existing domain name register to launch domain name or in order to move it over to this other domain register etc uh when you have a dot crypto dot zill any type of blockchain based domain you can move it to anywhere you desire whatever wallet you desire with ease alright so now let’s jump into my laptop computer and enter into the guide area of the video where i want to show you unstoppable domain names how to get a domain how to set up a specific wallet so you can attach the domain name that you purchased to your wallet etc so you can actually understand how to effectively utilize unstoppable domain names so let’s start welcome to my laptop let’s start so this is unstoppable domains.com now to get started with this site is extremely basic you simply come here and then you key in the domain name that you want right here and then click on search now i want simply want to mention that they do have specific price points for how many characters are in the domain 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 enter my last name 2 400 uh i think i’ll pass however anyways let me go ahead and simply add this to cart for presentation purposes we’ll go to the carts which’s it fine 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 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 desire to utilize all right and that’s it and so as soon as 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 declare your crypto domain address now the reason why you ‘d want to go through the procedure and really claim uh your domain addresses because one then you in fact own it then 2 you can do whatever you desire with it if you want to go sell it on some type of like nft market you can go ahead and do that all right so simply like when you buy any type of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou until you in fact move the cryptocurrency from coinbase to your own wallet this is the very same so this is on there this is you understand it’s like a hot wallet i guess you know this is you you haven’t declared it yet so it’s an iou that you own this and so i simply want to briefly mention at the time of this video that there are a few ways to declare your domain name the first way is that you have to buy a claim with credits charge 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 costs look this the ethereum network you in fact have to pay uh to move things on and off via gas fees number two is you can pay the gas costs straight 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 just wait until august so then they’ll have a scaling solution that makes it simple to claim however anyways to get begun 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 claim procedure began so now we have to send out the code by email so click that and so 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 great now you’re like whoa what do i do select 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 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 utilize metamask so to start 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 set up metamask for chrome alright and let’s go on and add to chrome include extension and there we go alright so now the metamask app is set up on our web browser so we simply click get started we are brand-new to metamask so here is where you need to establish a wallet a wallet is what you do with your cryptocurrency What To Buy Namecoin