explain subjects of the cryptocurrency world…Crypto Wallet Domain. using analogies stories and examples so that you can easily understand 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 individuals entering the complex crypto area 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 enjoy using examples so that’s precisely what we’re going to be utilizing to assist you understand dns so dns represents domain name service which is a fancy method of saying that it is a helpful service which allows us people to enter human legible addresses into the search bar and after that it will immediately turn them into maker legible addresses so the majority of you are probably acquainted with ip addresses and those are precisely how a computer system at one end of the web knows how to talk specifically to another computer system somewhere else and not simply shout it into the abyss that is the web when you key in google.com and you hit enter your computer system sends out a message to your internet service provider stating yo where’s google the internet service provider learns and goes to where google is tells them that you are looking for them and then grabs a bundle back to send to you now the plan is then unpacked by your computer system to reveal you the entirety of the google.com web page utilizing complicated math and software all of this
interaction takes place behind the scenes however to you it’s basic 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 confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and webs due to the fact that it makes 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 essentially 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 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 really hard at work developing however anyways if you’re not used to understanding crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d have to share
Current domain name 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 transfer it to anywhere you desire whatever wallet you want with ease okay so now let’s jump into my laptop and enter the guide section of the video where i want to show you unstoppable domain names how to get a domain name how to establish a specific wallet so you can attach the domain that you purchased to your wallet and so on so you can actually understand how to properly utilize unstoppable domain names so let’s get started welcome to my laptop computer let’s begin so this is unstoppable domains.com now to start with this website is really simple you just come here and after that you key in the domain that you want right here and after that click search now i desire simply want to mention that they do have specific price points for how many characters are in the domain name that you want to get so something over 8 characters will be 40 the smaller sized the domain name the more expensive it’s going to be so for example if i was come here and i type in my surname 2 400 uh i think i’ll pass however anyways let me go on and simply add this to haul for presentation functions we’ll go to the carts which’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 actually like i like that it’s flexible i like it’s that it’s not one of those weird crypto sites 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 use fine 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 reason why you ‘d desire to go through the process and actually claim uh your domain addresses due to the fact that one then you really own it then two you can do whatever you desire with it if you desire to go offer it on some type of like nft marketplace you can go ahead and do that okay 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 very same so this is on there this is you understand it’s like a hot wallet i think you know this is you you have not claimed it yet so it’s an iou that you own this and so i just want to briefly mention at the time of this video that there are a few ways to declare your domain name the first way is that you have to acquire a claim with credits cost so that costs uh at this time 40 per domain name and so that’s pays for the gas charges you’re like what are gas charges look this the ethereum network you actually have to pay uh to move things on and off by means of gas fees number 2 is you can pay the gas charges 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 simply wait up until august so then they’ll have a scaling option that makes it easy to claim but anyways to get begun is extremely 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 procedure started so now we have to send the code by e-mail 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 best click copy paste there we go boom put that in fine terrific now you’re like 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 specifically for ethereum now there are a couple of 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 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 begin with metamask is easy meta mask there we go alright so we click on this link then we want to download it now click on that set up metamask for chrome okay and let’s go on and contribute to chrome include extension and there we go alright so now the metamask app is installed on our web browser so we just click get started we are new to metamask so here is where you need to establish a wallet a wallet is what you make with your cryptocurrency Crypto Wallet Domain