explain subjects of the cryptocurrency world…Crypto Domain Sales. using examples stories and examples so that you can easily 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 people entering the complex crypto space before we actually get to comprehending the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we love using examples so that’s precisely what we’re going to be utilizing to help you comprehend dns so dns means domain service which is an expensive method of stating that it is a handy service which allows us humans to enter human understandable addresses into the search bar and after that it will instantly turn them into machine understandable addresses so most of you are probably knowledgeable about ip addresses and those are precisely how a computer at one end of the web knows how to talk specifically to another computer system elsewhere and not just shout it into the abyss that is the web when you enter google.com and you struck 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 trying to find them and then grabs a package back to send out to you now the package is then unpacked by your computer to show you the totality of the google.com home page utilizing complex math and software application all of this
communication takes place behind the scenes however to you it’s basic and user friendly in fact if we needed to type in 8.8.8.8 into the url bar instead of google.com a lot more people would be confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and webs since it makes sense to us so that’s basically what a dns is a translator for human beings to speak machine code next up let’s see how this works for crypto ens is essentially the exact same thing that i simply discussed 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 just 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 do not hesitate to leave a like listed below it’s totally free and it rewards all our effort on this video and the past hundred that we have actually been truly hard at work creating however anyways if you’re not utilized to comprehending crypto the alternative to sharing white boards crypto.eth with somebody 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 type of blockchain based domain you can move it to wherever you want whatever wallet you want with ease fine so now let’s jump into my laptop and enter into the guide area of the video where i want to reveal you unstoppable domain names how to get a domain how to establish a particular wallet so you can connect the domain name that you purchased to your wallet and so on so you can truly comprehend how to properly use unstoppable domain so let’s get started welcome to my laptop computer let’s start so this is unstoppable domains.com now to get started with this site is really easy you simply come here and then you key in the domain that you desire right here and after that click on search now i want simply want to mention that they do have specific price 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 costly it’s going to be so for instance if i was come here and i enter my last name 2 400 uh i believe i’ll pass however anyways let me go on and just include this to cart for demonstration functions we’ll go to the carts which’s it alright and
then you click here checkout and that’s it therefore you can pay with a credit 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 unusual crypto sites where you need to pay in cryptocurrency or you need to purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you want to use alright and that’s it therefore as soon as 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 website dot crypto and that’s it how to claim your crypto domain address now the reason that you ‘d wish to go through the procedure and actually 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 wish to go sell it on some type of like nft marketplace you can proceed and do that all right so much like when you buy any kind of cryptocurrency from an exchange like uh coinbase for example what it is is just an iou it’s an iou up until you actually 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 haven’t declared it yet so it’s an iou that you own this and so i just wish to briefly mention at the time of this video that there are a few ways to declare your domain the first method is that you need to acquire a claim with credits fee so that costs uh at this time 40 per domain therefore that’s pays for the gas fees you’re like what are gas fees look this the ethereum network you in fact need to pay uh to move things on and off by means of gas fees second is you can pay the gas costs directly 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 until august so then they’ll have a scaling option that makes it simple to claim but anyways to get started is really simple so we go here state if i wish to declare this one make a website.crypto we’ll declare with ethereum right there claim procedure started so now we need to send the code by e-mail so click that and so right over here we’ll jump 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 ideal click copy paste there we go boom put that in alright great now you resemble whoa what do i do pick 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 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 using 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 on this link then we wish to download it now click on that install metamask for chrome all right and let’s proceed and contribute to chrome add extension and there we go all right so now the metamask app is installed on our internet browser so we simply click start we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you finish with your cryptocurrency Crypto Domain Sales