discuss subjects of the cryptocurrency world…Bitminter Namecoins. 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 means for people getting into the complex crypto area prior to we really get to comprehending the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at white boards crypto we love using examples so that’s exactly what we’re going to be using to help you comprehend dns so dns stands for domain name service which is an expensive method of stating that it is an useful service which permits us human beings to enter human understandable addresses into the search bar and after that it will immediately turn them into maker readable addresses so most of you are most likely familiar with ip addresses and those are exactly how a computer system at one end of the internet knows how to talk particularly to another computer somewhere else and not just shriek it into the void that is the web when you enter google.com and you struck enter your computer system 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 looking for them and then grabs a plan back to send to you now the package is then unpacked by your computer system to reveal you the entirety of the google.com home page utilizing complex mathematics and software all of this
communication occurs behind the scenes but to you it’s simple 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 nets 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 basically the same thing that i just discussed 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 merely type that in and pay me 20 if you want by the way if you don’t have 20 and you wish 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 really hard at work producing however anyways if you’re not used to comprehending crypto the option to sharing whiteboard crypto.eth with someone is i ‘d need to share
Current domain register to release domain or in order to move it over to this other domain register etc uh when you have a dot crypto dot zill any kind of blockchain based domain you can transfer it to wherever you want 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 wish to show you unstoppable domain how to get a domain how to establish a particular wallet so you can attach the domain that you bought to your wallet etc so you can truly comprehend how to correctly use unstoppable domain so let’s start welcome to my laptop let’s start so this is unstoppable domains.com now to start with this website is extremely basic you just come here and after that you key in the domain name that you want right here and then click on search now i want just want to point out that they do have particular price points for the number of characters remain in the domain name 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 surname 2 400 uh i think i’ll pass but anyways let me go on and just include this to haul for presentation purposes we’ll go to the carts and that’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 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 nevertheless payment entrance you want to use 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 reason why you ‘d desire to go through the procedure and in fact declare uh your domain addresses because one then you actually own it then 2 you can do whatever you want with it if you desire to go offer it on some type of like nft marketplace you can go ahead and do that all right so simply like when you purchase any type of cryptocurrency from an exchange like uh coinbase for example what it is is just an iou it’s an iou up until you really 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 have not declared it yet so it’s an iou that you own this and so i just want to briefly reference at the time of this video that there are a few ways to declare your domain name the very first method is that you have to buy a claim with credits charge so that costs uh at this time 40 per domain name and so that’s pays for the gas charges you’re like what are gas charges look this the ethereum network you actually have to pay uh to move things on and off via gas charges number two is you can pay the gas fees directly 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 till august so then they’ll have a scaling option that makes it simple to claim however anyways to get begun is really easy so we go here say if i want to claim this one make a website.crypto we’ll declare with ethereum right there declare procedure started so now we have to send the code by e-mail so click that and so right over here we’ll jump 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 just highlight that best click copy paste there we go boom put that in okay 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 specifically 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 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 begin with metamask is simple 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 proceed and add to chrome add extension and there we go okay so now the metamask app is installed on our internet browser so we simply click on begin we are new to metamask so here is where you have to set up a wallet a wallet is what you make with your cryptocurrency Bitminter Namecoins