describe subjects of the cryptocurrency world…Crypto Key Domain. using analogies stories and examples so that you can quickly comprehend them in this video we are going to be explaining what unstoppable domains is how they might be better than ens and what that implies for individuals entering into the complicated crypto space before we really get to comprehending the power of unstoppable domains the first thing we’ll need to do is understand dns here at white boards crypto we love using examples so that’s exactly what we’re going to be utilizing to help you understand dns so dns means domain service which is an expensive way of saying that it is a practical service which permits us people to enter human understandable addresses into the search bar and after that it will instantly turn them into machine 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 knows how to talk particularly to another computer system 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 stating yo where’s google the internet service provider discovers and goes to where google is tells them that you are looking for them and after that grabs a bundle back to send out to you now the plan is then unpacked by your computer system to reveal you the whole of the google.com home page utilizing complicated mathematics and software all of this
communication happens behind the scenes however to you it’s easy and easy to use in fact if we needed to enter 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 since it makes good 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 exact same thing that i simply pointed out except it’s for ethereum ens means ethereum name service and practically lets me tell you that whiteboardcrypto.eth is my wallet address so you can simply 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 listed below it’s complimentary and it rewards all our hard work on this video and the past hundred that we have actually been really hard at work developing however anyways if you’re not utilized to understanding crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d have to share
Existing domain name register to launch domain 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 name you can transfer it to any place you want whatever wallet you want with ease fine so now let’s jump into my laptop computer and get into the guide section of the video where i wish to show you unstoppable domain names how to get a domain name how to establish a specific wallet so you can connect the domain name that you bought to your wallet etc so you can actually understand how to properly use unstoppable domain names so let’s get going welcome to my laptop let’s start so this is unstoppable domains.com now to begin with this website is really easy you just come here and then you type in the domain name that you desire right here and then click search now i want simply wish to mention that they do have particular price 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 expensive 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 simply add this to cart for demonstration purposes we’ll go to the carts which’s it all right and
then you click on here checkout which’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 websites where you have to pay in cryptocurrency or you have to purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment entrance you wish to use okay which’s it therefore as soon as you’re all set then you’ll have your my domain 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 reason why you ‘d wish to go through the process and really declare uh your domain addresses because one then you in fact own it then 2 you can do whatever you desire with it if you want to go sell it on some type of like nft marketplace you can go ahead and do that all right so similar to 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 until you really 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 understand this is you you have not declared it yet so it’s an iou that you own this therefore i simply want to briefly mention at the time of this video that there are a few ways to declare your domain the very first method is that you need to purchase a claim with credits cost so that costs uh at this time 40 per domain therefore that’s pays for the gas charges you’re like what are gas fees look this the ethereum network you actually have to pay uh to move things on and off through gas fees second is you can pay the gas fees straight 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 service that makes it easy to claim but anyways to get started is really simple so we go here say if i wish to declare this one make a website.crypto we’ll declare with ethereum right there claim process began so now we need to send the code by e-mail so click that and so 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 right click copy paste there we go boom put that in all right excellent now you’re like 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 specifically for ethereum now there are a few different wallets that they advise 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 utilize metamask so to start with metamask is simple meta mask there we go alright so we click here then we want to download it now click that install metamask for chrome okay and let’s go on and add to chrome add extension and there we go all right so now the metamask app is set up on our internet browser so we simply click on start we are brand-new to metamask so here is where you have to set up a wallet a wallet is what you make with your cryptocurrency Crypto Key Domain