Cryptowatch – Starting at $5+

describe subjects of the cryptocurrency world…Cryptowatch. using analogies stories and examples so that you can quickly comprehend 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 individuals entering into the complicated crypto area prior to we really get to comprehending the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at white boards crypto we enjoy using examples so that’s exactly what we’re going to be utilizing to assist you understand dns so dns stands for domain name service which is an expensive method of stating that it is a valuable service which permits us people to key in human readable addresses into the search bar and then it will instantly turn them into machine readable addresses so the majority of you are most likely familiar with ip addresses and those are exactly how a computer system at one end of the internet knows how to talk particularly to another computer somewhere else and not just yell it into the void that is the web when you type in google.com and you struck enter your computer sends 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 after that gets a bundle back to send to you now the package is then unpacked by your computer to reveal you the totality of the google.com web page utilizing complex math and software all of this

interaction takes place behind the scenes however to you it’s simple and easy to use in fact if we needed to type in 8.8.8.8 into the url bar instead of google.com a lot more individuals 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 essentially what a dns is a translator for people 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 other than it’s for ethereum ens represents ethereum name service and pretty much lets me inform you that whiteboardcrypto.eth is my wallet address so you can merely type that in and pay me 20 if you desire by the way if you don’t have 20 and you wish to support the channel feel free to leave a like listed below it’s free and it rewards all our hard work on this video and the past hundred that we have actually been truly hard at work developing however anyways if you’re not used to comprehending crypto the option to sharing white boards crypto.eth with someone is i ‘d need to share

Existing domain name register to release 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 type of blockchain based domain you can move it to any place you desire whatever wallet you desire with ease fine so now let’s delve into my laptop computer and get into the tutorial section of the video where i wish to show you unstoppable domain how to get a domain how to set up a specific wallet so you can attach the domain that you purchased to your wallet etc so you can actually comprehend how to correctly utilize unstoppable domain so let’s start welcome to my laptop let’s start so this is unstoppable domains.com now to get started with this website is very easy you simply come here and then you type in the domain that you desire right here and then click on search now i desire simply wish to mention that they do have specific rate points for the number of characters remain in the domain that you wish 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 enter my last name 2 400 uh i believe i’ll pass however anyways let me go on and just include this to haul for demonstration purposes we’ll go to the carts and that’s it fine and

then 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 strange 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 gateway you wish to utilize fine which’s it and so when you’re all set then you’ll have your my domain list in your account therefore 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 you ‘d want to go through the process and in fact claim uh your domain addresses due to the fact that one then you really own it then 2 you can do whatever you want with it if you wish to go offer it on some type of like nft market you can proceed and do that fine so similar to when you purchase any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is simply an iou it’s an iou until you actually move the cryptocurrency from coinbase to your own wallet this is the 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 simply wish to briefly reference at the time of this video that there are a couple of ways to claim your domain name the first way is that you have to buy a claim with credits charge so that expenses uh at this time 40 per domain name therefore that’s pays for the gas costs you’re like what are gas fees look this the ethereum network you actually need to pay uh to move things on and off through gas costs second 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 simply wait up until august so then they’ll have a scaling solution that makes it simple 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 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 jump 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 just highlight that best click copy paste there we go boom put that in okay great now you’re like whoa what do i do pick wallet for claiming 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 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 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 begin 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 set up metamask for chrome fine and let’s proceed and add to chrome include extension and there we go all right so now the metamask app is installed on our internet browser so we simply click on get going we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you do with your cryptocurrency Cryptowatch