describe topics of the cryptocurrency world…Blockchain For Domains. using analogies stories and examples so that you can easily comprehend them in this video we are going to be describing what unstoppable domains is how they might be better than ens and what that implies for people getting into the complicated crypto area before we in fact get to understanding the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we like using examples so that’s precisely what we’re going to be using to assist you comprehend dns so dns means domain name service which is an elegant method of stating that it is a valuable service which permits us people to key in human legible addresses into the search bar and after that it will immediately turn them into device readable 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 understands how to talk specifically to another computer somewhere else and not simply yell it into the void that is the web when you type in google.com and you struck enter your computer sends out 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 trying to find them and after that grabs a package back to send to you now the bundle is then unpacked by your computer system to show you the entirety of the google.com home page utilizing complicated mathematics and software all of this
communication takes place behind the scenes but to you it’s easy 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 people would be puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and nets because it makes sense to us so that’s essentially 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 very same thing that i just mentioned other than it’s for ethereum ens means ethereum name service and basically 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 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 utilized to comprehending crypto the option to sharing whiteboard crypto.eth with somebody is i ‘d have to share
Existing domain register to release domain name or in order to move it over to this other domain register etc uh when you have a dot crypto dot zill any type of blockchain based domain name you can transfer it to wherever you want whatever wallet you want with ease fine so now let’s delve into my laptop computer and get into the tutorial section of the video where i want to show you unstoppable domain names how to get a domain name how to establish a particular wallet so you can attach the domain name that you bought to your wallet and so on so you can truly understand how to correctly use unstoppable domain so let’s get started welcome to my laptop computer let’s begin so this is unstoppable domains.com now to begin with this website is very basic you just come here and then you key in the domain name that you desire right here and after that click search now i want simply wish to point out that they do have specific rate points for the number of characters are in the domain that you want to get so something over 8 characters will be 40 the smaller sized the domain the more pricey it’s going to be so for example if i was come here and i key in my surname 2 400 uh i believe i’ll pass however anyways let me proceed and just add this to cart for presentation functions we’ll go to the carts and that’s it okay 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 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 okay 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 want to go through the process and really declare uh your domain addresses since one then you actually own it then 2 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 fine so simply like when you buy 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 in fact move the cryptocurrency from coinbase to your own wallet this is the 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 simply desire to briefly reference at the time of this video that there are a few ways to claim your domain name the very first way is that you have to acquire a claim with credits fee so that costs uh at this time 40 per domain name and so that’s pays for the gas costs you’re like what are gas costs look this the ethereum network you really have to pay uh to move things on and off through gas fees number 2 is you can pay the gas costs 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 just wait till august so then they’ll have a scaling solution that makes it easy to claim but anyways to get started is extremely basic so we go here state if i want 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 just highlight that ideal click copy paste there we go boom put that in all right great 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 specifically for ethereum now there are a couple of 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 get start with metamask is simple meta mask there we go fine so we click here then we want to download it now click on that set up metamask for chrome okay and let’s proceed and add to chrome add extension and there we go alright so now the metamask app is set up on our web browser so we just click on start we are brand-new to metamask so here is where you need to establish a wallet a wallet is what you finish with your cryptocurrency Blockchain For Domains