discuss topics of the cryptocurrency world….Crypto Domain Names. 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 individuals getting into the complicated crypto space before we in fact get to comprehending the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at whiteboard crypto we love using examples so that’s exactly what we’re going to be utilizing to assist you understand dns so dns represents domain service which is a fancy method of saying that it is a helpful service which enables us humans to key in human legible addresses into the search bar and after that it will automatically turn them into device readable addresses so most of you are most likely knowledgeable about ip addresses and those are precisely how a computer system at one end of the internet understands how to talk specifically to another computer elsewhere and not just scream it into the abyss that is the web when you key 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 grabs a bundle back to send out to you now the plan is then unpacked by your computer to reveal you the whole of the google.com web page using complex mathematics and software application all of this
communication takes place behind the scenes but to you it’s simple and user friendly 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 puzzled 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 essentially the exact same thing that i just discussed except it’s for ethereum ens represents ethereum name service and pretty much 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 listed below it’s free and it rewards all our effort on this video and the past hundred that we have actually been actually hard at work developing but anyways if you’re not utilized 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 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 kind of blockchain based domain you can move it to anywhere you desire whatever wallet you want with ease all right so now let’s delve into my laptop computer and enter into the tutorial section of the video where i wish to reveal you unstoppable domain how to get a domain how to set up a specific wallet so you can attach the domain that you purchased to your wallet and so on so you can truly comprehend how to correctly use unstoppable domain so let’s start welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get going with this website is extremely basic you just come here and after that you key in the domain that you desire right here and after that click on search now i desire just want to point out that they do have particular cost points for how many characters are in the domain name that you wish to get so something over 8 characters will be 40 the smaller the domain name the more pricey it’s going to be so for instance if i was come here and i key in my last name 2 400 uh i believe i’ll pass but anyways let me go on and just add this to haul for demonstration functions we’ll go to the carts which’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 odd 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 however payment entrance you want to utilize okay and that’s it and so when 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 declare your crypto domain address now the reason why you ‘d desire to go through the procedure and really declare uh your domain addresses due to the fact that one then you in fact own it then 2 you can do whatever you want with it if you want to go sell it on some type of like nft market you can go ahead and do that okay so simply like when you purchase any type of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou till 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 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 desire to briefly mention at the time of this video that there are a couple of ways to declare your domain name the very first way is that you have to acquire a claim with credits fee so that expenses uh at this time 40 per domain name and so that’s pays for the gas fees you’re like what are gas fees look this the ethereum network you really have to pay uh to move things on and off by means of gas fees number 2 is you can pay the gas fees directly from your own wallet so if you currently have a wallet set up 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 solution that makes it simple to claim but anyways to get started is extremely easy so we go here say if i want to declare this one make a website.crypto we’ll claim with ethereum right there declare procedure began so now we have to send out the code by email 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 simply highlight that ideal click copy paste there we go boom put that in all right terrific 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 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
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 just going to utilize metamask so to start with metamask is simple meta mask there we go fine so we click here then we want to download it now click that install metamask for chrome okay and let’s proceed and add to chrome include extension and there we go okay so now the metamask app is installed on our web browser so we simply click on get started we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you do with your cryptocurrency .Crypto Domain Names