Domains In Cryptocurrency – Starting at $5+

explain subjects of the cryptocurrency world…Domains In Cryptocurrency. using analogies stories and examples so that you can easily 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 means for individuals entering into the complex crypto area before we in fact get to understanding 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 utilizing to assist you understand dns so dns stands for domain name service which is an expensive way of stating that it is an useful service which allows us people to type in human understandable addresses into the search bar and after that it will instantly turn them into machine legible addresses so the majority of you are most likely familiar with ip addresses and those are precisely how a computer system at one end of the web understands how to talk particularly to another computer elsewhere and not just scream it into the void that is the web when you key 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 searching for them and after that gets 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 home page utilizing complex mathematics and software application all of this

interaction occurs behind the scenes however to you it’s simple and user friendly 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 don’t speak in numbers or ip addresses we speak in dot coms dot orgs and internet since 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 same thing that i simply mentioned other than it’s for ethereum ens represents 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 listed below it’s free and it rewards all our effort on this video and the past hundred that we’ve been actually hard at work producing however anyways if you’re not utilized to understanding crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d need to share

Existing 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 name you can transfer it to wherever you want whatever wallet you desire with ease alright so now let’s jump into my laptop and get into the tutorial section of the video where i wish to reveal you unstoppable domain names how to get a domain how to establish a particular wallet so you can attach the domain name that you purchased to your wallet and so on so you can really understand how to appropriately utilize unstoppable domain names so let’s get going welcome to my laptop let’s start so this is unstoppable domains.com now to start with this site is very simple you just come here and then you key in the domain that you want right here and then click on search now i desire simply wish to point out that they do have particular price points for the number of characters are in the domain name that you wish to get so something over 8 characters will be 40 the smaller the domain the more costly it’s going to be so for example if i was come here and i key in my last name 2 400 uh i believe i’ll pass but anyways let me go ahead and simply include this to cart for presentation purposes we’ll go to the carts and that’s it fine and

then you click here checkout which’s it therefore 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 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 gateway you wish to use all right and that’s it therefore once 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 site dot crypto which’s it how to declare your crypto domain address now the reason that you ‘d want to go through the procedure and really declare uh your domain addresses since one then you really own it then 2 you can do whatever you want with it if you want to go offer it on some kind of like nft market you can go ahead and do that okay so just like when you purchase any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is just an iou it’s an iou until you in fact move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you know it resembles a hot wallet i guess you understand this is you you haven’t claimed it yet so it’s an iou that you own this therefore i simply wish to briefly mention at the time of this video that there are a couple of ways to claim your domain the very first way is that you need to acquire a claim with credits cost so that costs uh at this time 40 per domain and so that’s spends 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 fees second is you can pay the gas charges straight from your own wallet so if you already have a wallet established and you have ethereum in there you can pay with your own ethereum or you can simply wait till august so then they’ll have a scaling option that makes it simple to claim however anyways to get started is very basic so we go here state if i want to declare this one make a website.crypto we’ll declare with ethereum right there declare procedure began so now we need to send 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 simply highlight that right click copy paste there we go boom put that in okay fantastic 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 specifically for ethereum now there are a few 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 simply going to utilize metamask so to get going with metamask is easy meta mask there we go all right so we click on this link then we want to download it now click that install metamask for chrome all right and let’s go ahead and contribute to chrome include extension and there we go okay so now the metamask app is installed on our browser so we simply click on 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 Domains In Cryptocurrency