describe subjects of the cryptocurrency world…Unstoppable Domains Auction. using analogies stories and examples so that you can quickly comprehend 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 people entering the complicated crypto space prior to we in fact get to comprehending the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we like using examples so that’s exactly what we’re going to be using to help you comprehend dns so dns stands for domain service which is a fancy way of saying that it is a practical service which permits us human beings to enter human legible addresses into the search bar and after that it will immediately turn them into device understandable addresses so most of you are probably acquainted with ip addresses and those are exactly how a computer at one end of the web knows how to talk particularly to another computer system somewhere else and not simply shout it into the void that is the web when you type in google.com and you hit enter your computer system 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 trying to find them and after that grabs a bundle 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 complex mathematics and software application all of this
communication occurs behind the scenes but to you it’s basic and easy to use 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 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 except 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 desire by the way if you don’t have 20 and you want to support the channel feel free to leave a like listed below it’s free and it rewards all our effort on this video and the past hundred that we’ve been actually hard at work creating however anyways if you’re not used to comprehending crypto the option to sharing white boards 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 register and so on uh when you have a dot crypto dot zill any type of blockchain based domain you can transfer it to anywhere you desire whatever wallet you want with ease alright so now let’s jump into my laptop and get into the guide area of the video where i want to reveal you unstoppable domain names how to get a domain how to establish a particular wallet so you can connect the domain that you bought to your wallet and so on so you can really comprehend how to appropriately utilize unstoppable domain so let’s get started welcome to my laptop computer let’s begin so this is unstoppable domains.com now to start with this website is very basic you simply come here and after that you enter the domain that you want right here and after that click on 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 sized the domain name the more pricey it’s going to be so for instance if i was come here and i enter my last name 2 400 uh i think i’ll pass however anyways let me go on and just include this to haul for presentation purposes we’ll go to the carts which’s it fine 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 really like i like that it’s flexible i like it’s that it’s not one of those weird crypto sites where you need to pay in cryptocurrency or you have to buy unstoppable coin then exchange it or whatever no you can pay with however payment entrance you wish to use all right 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 site dot crypto which’s it how to claim your crypto domain address now the reason that you ‘d wish to go through the procedure and actually declare uh your domain addresses due to the fact that one then you in fact own it then two you can do whatever you want with it if you wish to go offer it on some kind of like nft market you can proceed and do that alright so much like 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 till you actually 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 and so i simply want to briefly mention at the time of this video that there are a few methods to claim your domain the very 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 pays for the gas charges you’re like what are gas charges look this the ethereum network you really have to pay uh to move things on and off through gas fees number two is you can pay the gas charges 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 till august so then they’ll have a scaling option that makes it simple to claim but anyways to get going 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 claim process began so now we have to send the code by e-mail so click that therefore right over here we’ll leap over here and await the code to strike 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 alright terrific now you resemble whoa what do i do pick wallet for declaring so unstoppable domains has their own app we have a web 3 wallet coinbase wall all mu wall is specifically for ethereum now there are a couple of different 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 get start with metamask is simple meta mask there we go okay so we click here then we want to download it now click that set up metamask for chrome fine and let’s go on and add to chrome include extension and there we go okay so now the metamask app is set up on our web browser so we just click on begin we are new to metamask so here is where you need to set up a wallet a wallet is what you finish with your cryptocurrency Unstoppable Domains Auction