explain topics of the cryptocurrency world…Who Owns Bitcoin.Com Domain. using analogies stories and examples so that you can easily 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 implies for people entering into the complicated crypto area prior to we actually get to comprehending the power of unstoppable domains the first thing we’ll need to do is understand dns here at white boards crypto we love utilizing examples so that’s exactly what we’re going to be using to help you comprehend dns so dns represents domain service which is an expensive way of stating that it is an useful service which permits us humans to key in human readable addresses into the search bar and then it will immediately turn them into device readable addresses so the majority of you are probably knowledgeable about ip addresses and those are precisely how a computer at one end of the internet understands how to talk specifically to another computer system elsewhere and not just shout it into the void that is the web when you enter google.com and you hit enter your computer sends a message to your internet service provider stating yo where’s google the internet service provider discovers and goes to where google is tells them that you are trying to find them and after that grabs a package back to send out to you now the package is then unpacked by your computer system to reveal you the whole of the google.com web page using complicated mathematics and software application all of this
interaction happens behind the scenes however 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 do not speak in numbers or ip addresses we speak in dot coms dot orgs and internet because it makes sense to us so that’s basically what a dns is a translator for people to speak machine code next up let’s see how this works for crypto ens is basically the exact same thing that i just mentioned other than it’s for ethereum ens stands for ethereum name service and practically lets me tell you that whiteboardcrypto.eth is my wallet address so you can simply type that in and pay me 20 if you desire by the way if you do not have 20 and you wish to support the channel do not hesitate to leave a like below it’s totally free and it rewards all our effort on this video and the past hundred that we’ve been actually hard at work developing but anyways if you’re not used to understanding crypto the option to sharing whiteboard crypto.eth with somebody is i ‘d have to share
Existing domain name register to launch domain name or in order to move it over to this other domain name 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 wherever you desire whatever wallet you desire with ease okay so now let’s jump into my laptop and enter into the guide section of the video where i wish to reveal you unstoppable domain names how to get a domain how to establish a particular wallet so you can connect the domain name that you purchased to your wallet and so on so you can truly understand how to properly utilize unstoppable domain so let’s start welcome to my laptop computer let’s start so this is unstoppable domains.com now to begin with this website is extremely simple you simply come here and after that you key in the domain name that you desire right here and after that click search now i desire simply wish to mention that they do have particular cost points for how many characters remain in the domain that you wish to get so something over 8 characters will be 40 the smaller sized the domain name the more expensive 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 but anyways let me go ahead and simply add this to haul for demonstration purposes we’ll go to the carts which’s it alright and
then you click on here checkout which’s it therefore you can pay with a charge card paypal crypto or you can pay with the crypto.com app and i actually like i like that it’s versatile i like it’s that it’s not one of those weird crypto sites 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 gateway you want to utilize alright and that’s it and so when 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 website dot crypto which’s it how to claim your crypto domain address now the reason you ‘d wish to go through the procedure and actually declare uh your domain addresses because one then you in fact own it then two you can do whatever you desire with it if you want to go offer it on some type of like nft marketplace you can proceed and do that alright so similar to when you purchase 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 same so this is on there this is you understand it’s like 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 just wish to briefly mention at the time of this video that there are a couple of methods to declare your domain name the very first method is that you have to purchase a claim with credits fee so that expenses uh at this time 40 per domain name therefore that’s spends for the gas costs you resemble what are gas costs look this the ethereum network you really have to pay uh to move things on and off through gas charges number two is you can pay the gas charges straight from your own wallet so if you already 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 option that makes it simple to claim however anyways to get started is really simple 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 started so now we need to send out the code by e-mail so click that therefore right over here we’ll jump 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 right click copy paste there we go boom put that in all right fantastic now you resemble whoa what do i do choose 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 couple of various 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 utilizing 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 fine so we click here then we want to download it now click on that set up metamask for chrome okay and let’s go on and add to chrome add extension and there we go fine so now the metamask app is set up on our web browser so we just click start we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you make with your cryptocurrency Who Owns Bitcoin.Com Domain