explain topics of the cryptocurrency world….Crypto Vs .Eth Domain. using analogies stories and examples so that you can easily 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 means for individuals entering the complex crypto space prior to we actually get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at white boards crypto we enjoy using examples so that’s precisely what we’re going to be using to assist you comprehend dns so dns represents domain name service which is an elegant way of stating that it is a helpful service which enables us humans to enter human readable addresses into the search bar and after that it will instantly turn them into maker readable addresses so the majority of you are most likely acquainted with ip addresses and those are exactly how a computer at one end of the web understands how to talk specifically to another computer somewhere else and not just yell it into the abyss that is the web when you key in google.com and you hit enter your computer sends 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 searching for them and then gets a bundle back to send out to you now the package is then unpacked by your computer to reveal you the whole of the google.com home page using complex mathematics and software application all of this
interaction occurs behind the scenes however to you it’s easy 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 internet 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 basically the very same thing that i just discussed except it’s for ethereum ens stands for ethereum name service and basically lets me inform you that whiteboardcrypto.eth is my wallet address so you can merely type that in and pay me 20 if you want 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 totally free and it rewards all our effort on this video and the past hundred that we’ve been truly hard at work producing but anyways if you’re not used to understanding crypto the option to sharing whiteboard crypto.eth with someone is i ‘d need to share
Current domain register to release domain 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 name you can transfer it to wherever you want whatever wallet you want with ease fine so now let’s jump into my laptop and enter the tutorial section of the video where i wish to show you unstoppable domain how to get a domain how to establish a specific wallet so you can attach the domain name that you bought to your wallet and so on so you can truly understand how to appropriately use unstoppable domain names so let’s begin welcome to my laptop let’s begin so this is unstoppable domains.com now to get started with this site is really basic you just come here and then you key in the domain name that you desire right here and after that click search now i want just want to point out that they do have specific cost points for the number of characters are in the domain name 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 key in my surname 2 400 uh i think i’ll pass however anyways let me proceed and just add this to haul for demonstration functions we’ll go to the carts and that’s it alright 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 purchase unstoppable coin then exchange it or whatever no you can pay with however payment entrance you want to utilize all right and that’s it and so 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 website dot crypto and that’s it how to declare your crypto domain address now the factor why you ‘d want to go through the procedure and in fact claim 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 alright so just like when you buy any type of cryptocurrency from an exchange like uh coinbase for example what it is is just an iou it’s an iou till you in fact move the cryptocurrency from coinbase to your own wallet this is the exact same so this is on there this is you understand 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 reference at the time of this video that there are a few ways to declare your domain name the very first method is that you have to acquire a claim with credits charge so that expenses uh at this time 40 per domain name and so that’s pays for the gas charges you’re like what are gas costs look this the ethereum network you actually have to pay uh to move things on and off via gas fees number two is you can pay the gas fees 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 however anyways to get begun 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 claim procedure started so now we have to send 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 just highlight that right click copy paste there we go boom put that in fine excellent 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 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 just going to use metamask so to get going with metamask is easy meta mask there we go all right so we click on this link then we wish to download it now click on that install metamask for chrome alright and let’s proceed and add to chrome include extension and there we go okay so now the metamask app is set up on our web browser so we just click get going we are new to metamask so here is where you have to set up a wallet a wallet is what you finish with your cryptocurrency .Crypto Vs .Eth Domain