explain subjects of the cryptocurrency world…Blockchain Domain Extension. utilizing examples 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 better than ens and what that implies for individuals entering the complicated crypto space prior to we really get to understanding the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at white boards crypto we love utilizing examples so that’s precisely what we’re going to be utilizing to help you comprehend dns so dns stands for domain name service which is a fancy way of saying that it is a valuable service which permits us human beings to key in human legible addresses into the search bar and after that it will instantly turn them into machine readable addresses so the majority of you are most likely acquainted with ip addresses and those are exactly how a computer system at one end of the internet understands how to talk particularly to another computer elsewhere and not just shout it into the abyss that is the web when you key in google.com and you hit enter your computer system sends a message to your internet service provider stating yo where’s google the internet service provider finds out and goes to where google is tells them that you are looking for them and after that grabs a package back to send out to you now the package is then unpacked by your computer to reveal you the entirety of the google.com web page using complicated math and software all of this
interaction happens behind the scenes but to you it’s simple and user friendly in fact if we needed 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 sense to us so that’s essentially what a dns is a translator for humans to speak machine code next up let’s see how this works for crypto ens is basically the same thing that i simply pointed out other than it’s for ethereum ens stands for ethereum name service and basically lets me inform you that whiteboardcrypto.eth is my wallet address so you can just 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 free and it rewards all our effort on this video and the past hundred that we’ve been really hard at work creating but anyways if you’re not used to comprehending crypto the alternative to sharing white boards 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 name 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 want whatever wallet you desire with ease fine so now let’s jump into my laptop computer and enter the guide section of the video where i want to reveal you unstoppable domain how to get a domain how to set up a particular wallet so you can attach the domain name that you bought to your wallet etc so you can really understand how to appropriately use unstoppable domain names so let’s begin welcome to my laptop let’s begin so this is unstoppable domains.com now to get going with this site is very easy you just come here and then you enter the domain that you desire right here and after that click search now i desire simply want to mention that they do have particular price points for the number of characters remain in the domain that you want to get so something over 8 characters will be 40 the smaller the domain the more pricey it’s going to be so for example if i was come here and i enter my surname 2 400 uh i believe i’ll pass however anyways let me proceed and just add this to haul for presentation functions we’ll go to the carts which’s it all right and
then you click 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 strange crypto websites where you have to pay in cryptocurrency or you need 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 when you’re all set then you’ll have your my domain name 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 why you ‘d want to go through the process and in fact claim uh your domain addresses since one then you in fact own it then 2 you can do whatever you desire with it if you want to go sell it on some kind of like nft market you can proceed and do that alright so similar to when you buy any type of cryptocurrency from an exchange like uh coinbase for instance 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 know 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 ways to declare your domain name the very first way is that you need to purchase a claim with credits fee so that costs uh at this time 40 per domain name therefore that’s spends for the gas fees you’re like what are gas costs look this the ethereum network you really need 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 simply wait up until august so then they’ll have a scaling service that makes it simple to claim but anyways to start is really basic so we go here state if i wish to claim this one make a website.crypto we’ll claim with ethereum right there claim procedure began so now we need to send the code by e-mail 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 just highlight that ideal click copy paste there we go boom put that in okay fantastic now you resemble 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 specifically for ethereum now there are a couple of various 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 just going to utilize metamask so to start with metamask is simple meta mask there we go all right so we click on this link then we wish to download it now click that set up metamask for chrome okay and let’s go ahead and contribute to chrome add extension and there we go okay so now the metamask app is installed on our web browser so we simply click begin we are brand-new to metamask so here is where you have to set up a wallet a wallet is what you make with your cryptocurrency Blockchain Domain Extension