discuss subjects of the cryptocurrency world…Coinbase Namecoin. utilizing 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 implies for people entering into the complicated crypto space before we actually get to comprehending 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 help you comprehend dns so dns means domain name service which is a fancy way of stating that it is a handy service which enables us humans to key in human readable addresses into the search bar and after that it will immediately turn them into machine readable addresses so the majority of you are probably knowledgeable about ip addresses and those are precisely how a computer system at one end of the web knows how to talk particularly to another computer somewhere else and not just shriek it into the abyss that is the web when you type in google.com and you struck enter your computer system sends a message to your internet service provider saying yo where’s google the internet service provider finds out and goes to where google is tells them that you are searching for them and after that gets a package back to send to you now the bundle is then unpacked by your computer to reveal you the entirety of the google.com web page using complicated mathematics and software application all of this
interaction happens behind the scenes however to you it’s easy 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 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 basically 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 just mentioned except it’s for ethereum ens represents ethereum name service and basically lets me tell 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 want to support the channel do not hesitate to leave a like below it’s complimentary 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 understanding crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d have to share
Existing domain name register to release domain name 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 any place you desire whatever wallet you want with ease alright so now let’s delve into my laptop and enter into the tutorial section of the video where i want to reveal you unstoppable domain names how to get a domain name how to set up a particular wallet so you can attach the domain name that you purchased to your wallet and so on so you can actually comprehend how to effectively use unstoppable domain names so let’s start welcome to my laptop computer let’s start so this is unstoppable domains.com now to get going with this site is extremely basic you just come here and then you key in the domain that you want right here and after that click on search now i want just want to discuss that they do have specific rate points for the number of characters remain in the domain that you wish to get so something over 8 characters will be 40 the smaller the domain the more pricey it’s going to be so for instance if i was come here and i type in my last name 2 400 uh i think i’ll pass however anyways let me proceed and simply add this to cart for demonstration purposes we’ll go to the carts which’s it okay and
then 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 flexible i like it’s that it’s not one of those odd 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 want to utilize alright and that’s it and so as soon as you’re all set then you’ll have your my domain 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 declare your crypto domain address now the reason that you ‘d want to go through the procedure and in fact declare uh your domain addresses since one then you in fact 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 marketplace you can proceed and do that okay so similar to when you buy any kind 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 know it resembles 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 wish to briefly reference at the time of this video that there are a few methods to declare your domain the very first way is that you have to purchase a claim with credits cost so that expenses 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 actually need to pay uh to move things on and off by means of gas costs second is you can pay the gas fees 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 till august so then they’ll have a scaling solution that makes it easy to claim however anyways to start is extremely basic so we go here state if i want to claim this one make a website.crypto we’ll declare with ethereum right there declare process started so now we need to send the code by email so click that therefore right over here we’ll leap over here and wait on the code to hit 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 best click copy paste there we go boom put that in all right great now you resemble 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 various wallets that they suggest 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 use metamask so to get going with metamask is easy meta mask there we go fine so we click here then we want to download it now click on that install metamask for chrome all right and let’s go ahead and contribute to chrome include extension and there we go fine so now the metamask app is set up on our internet browser so we simply click on get going we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you make with your cryptocurrency Coinbase Namecoin