discuss subjects of the cryptocurrency world….Crypto Domain Example. using examples stories and examples so that you can quickly 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 means for people entering into the complex crypto area before we actually 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 utilizing examples so that’s precisely 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 saying that it is a handy service which permits us humans to type in human readable addresses into the search bar and then it will instantly turn them into device understandable 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 understands how to talk particularly to another computer system elsewhere and not just shriek it into the abyss that is the web when you key in google.com and you struck enter your computer system sends out a message to your internet service provider saying yo where’s google the internet service provider learns and goes to where google is tells them that you are looking for them and after that grabs a plan back to send out to you now the bundle is then unpacked by your computer system to show you the totality of the google.com home page utilizing complex math and software application all of this
communication happens behind the scenes but to you it’s basic and easy to use in fact if we had to type in 8.8.8.8 into the url bar instead of google.com a lot more people would be confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and internet 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 pointed out other than it’s for ethereum ens stands for ethereum name service and practically 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 do not have 20 and you want to support the channel feel free to leave a like below it’s totally free and it rewards all our effort on this video and the past hundred that we have actually been really hard at work creating but anyways if you’re not utilized to understanding crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d have to share
Current domain register to launch domain name or in order to move it over to this other domain name register etc uh when you have a dot crypto dot zill any type of blockchain based domain you can move it to anywhere you want whatever wallet you desire with ease all right so now let’s jump into my laptop computer and get into the tutorial section of the video where i wish to reveal you unstoppable domain names how to get a domain name how to set up a particular wallet so you can connect the domain that you purchased to your wallet and so on so you can really understand how to effectively use unstoppable domain names so let’s get going welcome to my laptop let’s begin so this is unstoppable domains.com now to get going with this website is very basic you just come here and then you type in the domain that you desire right here and after that click on search now i desire just want to mention that they do have particular rate points for the number of characters remain in the domain name that you wish to get so something over 8 characters will be 40 the smaller the domain name the more costly it’s going to be so for example if i was come here and i key in my last name 2 400 uh i think i’ll pass but anyways let me proceed and simply include this to cart for presentation purposes we’ll go to the carts and that’s it all right and
then you click here checkout and that’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 odd crypto websites where you need to pay in cryptocurrency or you have to buy unstoppable coin then exchange it or whatever no you can pay with however payment gateway you wish to use all right which’s it therefore 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 site dot crypto and that’s it how to claim your crypto domain address now the reason that you ‘d wish to go through the process and really declare uh your domain addresses because one then you actually own it then 2 you can do whatever you desire with it if you want to go offer it on some kind of like nft marketplace you can proceed and do that all right so just like when you buy any type of cryptocurrency from an exchange like uh coinbase for instance what it is is just an iou it’s an iou up 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 guess you know this is you you haven’t declared it yet so it’s an iou that you own this therefore i just wish to briefly reference at the time of this video that there are a couple of methods to claim your domain the first way is that you have to acquire a claim with credits fee so that expenses uh at this time 40 per domain therefore that’s pays for the gas charges you resemble what are gas fees look this the ethereum network you actually need to pay uh to move things on and off via gas charges number two is you can pay the gas charges directly from your own wallet so if you currently 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 option that makes it simple to claim however anyways to get going is very basic so we go here say if i want to declare this one make a website.crypto we’ll declare with ethereum right there declare process began so now we have to send out the code by e-mail so click that and so right over here we’ll leap over here and await 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 alright terrific now you resemble 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 particularly for ethereum now there are a couple of different 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 using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re just going to use metamask so to begin with metamask is simple meta mask there we go all right so we click here then we wish to download it now click on that set up metamask for chrome fine and let’s go on and add to chrome include extension and there we go all right so now the metamask app is installed on our web browser so we simply click on get going we are brand-new to metamask so here is where you need to set up a wallet a wallet is what you finish with your cryptocurrency .Crypto Domain Example