explain subjects of the cryptocurrency world…Bitcoin Address Domain. utilizing examples stories and examples so that you can easily understand them in this video we are going to be explaining what unstoppable domains is how they might be better than ens and what that implies for people getting into the complicated crypto space before we actually get to understanding the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we like utilizing examples so that’s exactly what we’re going to be utilizing to help you understand dns so dns means domain name service which is an elegant method of saying that it is an useful service which permits us human beings to type in human readable addresses into the search bar and then it will automatically turn them into device readable addresses so most of you are most likely acquainted with ip addresses and those are precisely how a computer at one end of the web knows how to talk specifically to another computer system elsewhere and not simply yell 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 looking for them and then gets a bundle back to send out to you now the plan is then unpacked by your computer system to show you the totality of the google.com web page utilizing complicated math and software all of this
interaction takes place behind the scenes but to you it’s basic and easy to use 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 webs because it makes sense to us so that’s basically 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 simply mentioned other than it’s for ethereum ens represents ethereum name service and pretty much lets me inform you that whiteboardcrypto.eth is my wallet address so you can simply type that in and pay me 20 if you want by the way if you do not have 20 and you wish to support the channel feel free to leave a like 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 but anyways if you’re not utilized to comprehending crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d need to share
Existing 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 kind of blockchain based domain name you can move it to wherever you desire whatever wallet you want with ease fine so now let’s delve into my laptop and get into the guide section of the video where i want to reveal you unstoppable domain how to get a domain name how to set up a specific wallet so you can attach the domain that you bought to your wallet etc so you can actually comprehend how to appropriately 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 start with this site is really simple you simply come here and then you key in the domain that you desire right here and then click search now i want simply wish to mention that they do have specific price points for how many characters remain in the domain that you want to get so something over 8 characters will be 40 the smaller 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 but anyways let me go ahead and simply add this to haul for presentation functions we’ll go to the carts which’s it alright 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 really like i like that it’s versatile i like it’s that it’s not one of those strange 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 gateway you desire to utilize fine 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 website dot crypto and that’s it how to claim your crypto domain address now the factor why you ‘d desire to go through the procedure and really declare uh your domain addresses since one then you in fact own it then two you can do whatever you desire with it if you desire to go sell it on some type of like nft marketplace you can go ahead and do that alright so just 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 until you actually move the cryptocurrency from coinbase to your own wallet this is the very same so this is on there this is you know it’s like a hot wallet i think you know this is you you haven’t declared it yet so it’s an iou that you own this and so i just desire to briefly reference at the time of this video that there are a few methods to declare your domain name the very first way is that you have to purchase a claim with credits fee 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 by means of gas costs number 2 is you can pay the gas fees 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 simply wait up until august so then they’ll have a scaling option that makes it easy to claim but anyways to get started is really basic so we go here say if i desire to claim this one make a website.crypto we’ll claim with ethereum right there claim process started 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 strike my inbox there it is we’ll take this all right so here is the code i’ll take this we’ll simply highlight that ideal click copy paste there we go boom put that in all right excellent now you’re like whoa what do i do choose 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 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 using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re simply going to utilize metamask so to start with metamask is easy meta mask there we go alright so we click on this link then we wish to download it now click that set up metamask for chrome fine and let’s proceed and contribute to chrome add extension and there we go okay so now the metamask app is installed on our browser so we just click get started we are new to metamask so here is where you need to set up a wallet a wallet is what you do with your cryptocurrency Bitcoin Address Domain