explain topics of the cryptocurrency world…Altcoins Similar To Namecoin. using analogies 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 much better than ens and what that indicates for people entering into the complex crypto area before 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 enjoy using examples so that’s exactly what we’re going to be using to assist you understand dns so dns means domain service which is an expensive method of stating that it is a practical service which allows us humans to type in human understandable addresses into the search bar and after that it will immediately turn them into machine legible 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 knows how to talk particularly to another computer somewhere else and not simply yell 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 stating yo where’s google the internet service provider learns and goes to where google is tells them that you are searching for them and after that gets a bundle back to send to you now the plan is then unpacked by your computer system to show you the whole of the google.com web page utilizing complicated mathematics and software application all of this
interaction takes place behind the scenes however to you it’s easy and easy to use in fact if we needed to type 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 internet due to the fact that 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 essentially the exact same thing that i just pointed out other than it’s for ethereum ens means ethereum name service and pretty much 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 do not have 20 and you wish to support the channel do not hesitate to leave a like below it’s free and it rewards all our effort on this video and the past hundred that we have actually been really hard at work producing but anyways if you’re not used to comprehending crypto the option to sharing whiteboard crypto.eth with somebody is i ‘d need to share
Current domain register to launch domain 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 name you can transfer it to any place you desire whatever wallet you want with ease all right so now let’s jump into my laptop computer and enter into the tutorial area of the video where i want to reveal you unstoppable domain names how to get a domain name how to establish a particular wallet so you can connect the domain that you bought to your wallet etc so you can actually understand how to properly use unstoppable domain so let’s get started welcome to my laptop let’s begin so this is unstoppable domains.com now to get going with this site is really easy you just come here and after that you type in the domain 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 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 name the more expensive it’s going to be so for instance if i was come here and i enter my last name 2 400 uh i believe i’ll pass but anyways let me proceed and simply include this to cart for demonstration functions we’ll go to the carts and that’s it fine and
then you click on here checkout and that’s it and so 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 flexible i like it’s that it’s not one of those strange crypto websites where you have 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 utilize fine and that’s it and so when 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 and that’s it how to declare your crypto domain address now the reason that you ‘d wish to go through the process and actually declare 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 kind of like nft market you can go ahead and do that okay so similar to when you purchase any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is just 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 know it resembles 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 therefore i just want to briefly mention at the time of this video that there are a couple of ways to claim your domain name the very first method is that you need to buy a claim with credits cost so that expenses uh at this time 40 per domain and so that’s spends for the gas charges you resemble what are gas costs look this the ethereum network you in fact have to pay uh to move things on and off by means of gas costs number two is you can pay the gas charges straight 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 just wait up until august so then they’ll have a scaling service that makes it simple to claim however anyways to get started is very easy so we go here say if i wish to claim 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 email 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 fine excellent now you’re like 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 particularly for ethereum now there are a few different 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 utilizing desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re just going to use metamask so to get start with metamask is easy meta mask there we go okay so we click here then we want to download it now click that install metamask for chrome alright and let’s go ahead and add to chrome include extension and there we go all right so now the metamask app is set up on our internet browser so we just click on start we are new to metamask so here is where you need to establish a wallet a wallet is what you do with your cryptocurrency Altcoins Similar To Namecoin