Crypto Winter – Starting at $5+

explain topics of the cryptocurrency world…Crypto Winter. 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 much better than ens and what that means for people getting into the complex crypto space before we really get to understanding 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 using to assist you comprehend dns so dns means domain service which is an elegant method of saying that it is a handy service which permits us humans to key in human legible addresses into the search bar and after that it will automatically turn them into maker understandable addresses so most of you are probably familiar with ip addresses and those are exactly how a computer system at one end of the internet understands how to talk particularly to another computer system somewhere else and not simply yell it into the void that is the web when you enter 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 finds out and goes to where google is tells them that you are trying to find them and after that grabs a bundle back to send out to you now the package is then unpacked by your computer system to reveal you the totality of the google.com web page utilizing complex math and software application all of this

interaction takes place behind the scenes but 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 individuals would be confused 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 basically the exact same thing that i just mentioned except it’s for ethereum ens stands for ethereum name service and pretty much 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 don’t have 20 and you wish to support the channel do not hesitate to leave a like 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 creating however anyways if you’re not used to comprehending crypto the option to sharing white boards crypto.eth with somebody is i ‘d need to share

Current domain name register to release domain or in order to move it over to this other domain register etc uh when you have a dot crypto dot zill any kind of blockchain based domain name you can move it to anywhere you want whatever wallet you want with ease okay so now let’s delve into my laptop and enter the guide section of the video where i want to reveal you unstoppable domain how to get a domain name how to set up a specific wallet so you can attach the domain name that you bought to your wallet and so on so you can truly comprehend how to correctly utilize unstoppable domain so let’s begin welcome to my laptop let’s start so this is unstoppable domains.com now to start with this website is extremely simple you just come here and then you enter the domain that you desire right here and after that click search now i want simply want to point out that they do have particular price points for how many characters are in the domain that you want to get so something over 8 characters will be 40 the smaller the domain the more expensive it’s going to be so for example if i was come here and i type in my last name 2 400 uh i believe i’ll pass but anyways let me proceed and just include this to cart for demonstration purposes we’ll go to the carts which’s it fine 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 flexible i like it’s that it’s not one of those strange crypto sites 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 gateway you desire to use okay and that’s it and so once 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 desire to go through the procedure and really claim uh your domain addresses since one then you actually 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 alright so just 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 up until 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 think you understand this is you you haven’t claimed it yet so it’s an iou that you own this and so i simply desire to briefly reference at the time of this video that there are a couple of ways to declare your domain name the first method 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 charges you’re like what are gas charges look this the ethereum network you in fact have to pay uh to move things on and off through gas charges number two is you can pay the gas charges straight 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 just wait up until august so then they’ll have a scaling option that makes it easy to claim however anyways to get begun is really simple so we go here say if i want to declare this one make a website.crypto we’ll claim with ethereum right there declare process started so now we have to send out the code by email so click that and so right over here we’ll leap 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 ideal click copy paste there we go boom put that in all right excellent now you’re like whoa what do i do select 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 various wallets that they recommend 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 simply going to utilize metamask so to start with metamask is easy meta mask there we go okay so we click here then we want to download it now click that install metamask for chrome alright and let’s go on and add to chrome add extension and there we go okay so now the metamask app is set up on our browser so we simply click start we are brand-new to metamask so here is where you need to set up a wallet a wallet is what you finish with your cryptocurrency Crypto Winter