Cryptocurrency Domain – Starting at $5+

describe topics of the cryptocurrency world…Cryptocurrency Domain. utilizing analogies stories and examples so that you can easily understand them in this video we are going to be discussing what unstoppable domains is how they might be better than ens and what that implies for people getting into the complex crypto space prior to we actually get to comprehending the power of unstoppable domains the first thing we’ll need to do is understand dns here at whiteboard crypto we enjoy using examples so that’s exactly what we’re going to be utilizing to assist you understand dns so dns means domain service which is an elegant method of stating that it is an useful service which allows us human beings to enter human readable addresses into the search bar and after that it will automatically turn them into maker legible addresses so the majority of you are probably knowledgeable about ip addresses and those are precisely how a computer at one end of the internet knows how to talk specifically to another computer somewhere else and not simply scream it into the abyss that is the web when you key in google.com and you hit enter your computer sends out a message to your internet service provider saying 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 gets a bundle back to send to you now the bundle is then unpacked by your computer system to reveal you the totality of the google.com home page utilizing complex mathematics and software application all of this

interaction happens behind the scenes but to you it’s easy and user friendly in fact if we had to key 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 good sense to us so that’s essentially 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 very same thing that i just mentioned except it’s for ethereum ens represents ethereum name service and practically 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 below it’s free and it rewards all our hard work on this video and the past hundred that we’ve been really hard at work developing but anyways if you’re not utilized to understanding crypto the option to sharing white boards crypto.eth with somebody is i ‘d have to share

Existing 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 any place you desire whatever wallet you want with ease alright so now let’s jump into my laptop computer and enter the guide area of the video where i want to reveal you unstoppable domain how to get a domain 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 understand how to correctly use unstoppable domain so let’s start welcome to my laptop computer let’s start so this is unstoppable domains.com now to start with this site is very easy you simply come here and after that you type in the domain that you want right here and then click search now i want simply want to discuss that they do have specific cost 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 key in my surname 2 400 uh i believe i’ll pass however anyways let me go on and just add this to haul for presentation functions we’ll go to the carts and that’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 really 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 buy unstoppable coin then exchange it or whatever no you can pay with however payment gateway you desire to use alright 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 reason why you ‘d desire to go through the process and really declare uh your domain addresses since one then you really own it then two 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 up until you actually 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 haven’t claimed it yet so it’s an iou that you own this and so i simply want to briefly reference at the time of this video that there are a couple of methods to claim your domain name the first way is that you have to purchase a claim with credits cost 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 by means of gas charges number two is you can pay the gas costs directly 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 until august so then they’ll have a scaling service that makes it easy to claim but anyways to get begun is very easy so we go here state if i want to declare this one make a website.crypto we’ll claim with ethereum right there claim process began 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 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 okay terrific now you’re like whoa what do i do choose 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 few different wallets that they suggest 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 simply going to use metamask so to get going with metamask is simple meta mask there we go all right so we click here then we want to download it now click on that set up metamask for chrome okay and let’s proceed and contribute to chrome include extension and there we go alright so now the metamask app is set up on our web browser so we just click on start we are brand-new to metamask so here is where you need to establish a wallet a wallet is what you finish with your cryptocurrency Cryptocurrency Domain