describe topics of the cryptocurrency world…Find A Cryptocurrency Home Domain. utilizing analogies stories and examples so that you can quickly 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 implies for people entering the complex crypto area prior to we really get to comprehending the power of unstoppable domains the first thing we’ll need to do is understand dns here at whiteboard crypto we like utilizing examples so that’s exactly what we’re going to be using to assist you comprehend dns so dns represents domain service which is an expensive method of saying that it is a valuable service which enables us people to type in human legible addresses into the search bar and after that it will instantly turn them into maker readable addresses so most of you are most likely familiar with ip addresses and those are exactly how a computer at one end of the internet understands how to talk particularly to another computer somewhere else and not just scream it into the abyss that is the web when you enter google.com and you struck enter your computer system sends out a message to your internet service provider stating yo where’s google the internet service provider discovers and goes to where google is tells them that you are trying to find them and after that grabs a plan 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 complicated mathematics and software all of this
interaction happens behind the scenes however to you it’s easy and user friendly in fact if we needed to key in 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 human beings to speak machine code next up let’s see how this works for crypto ens is basically the 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 don’t have 20 and you wish to support the channel do not hesitate to leave a like below it’s complimentary and it rewards all our hard work on this video and the past hundred that we have actually been really hard at work creating but anyways if you’re not used to comprehending crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d need to share
Existing domain 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 kind of blockchain based domain name you can move it to wherever you want whatever wallet you want with ease okay so now let’s delve into my laptop and enter into the tutorial section of the video where i want to show you unstoppable domain how to get a domain how to set up a particular wallet so you can connect the domain name that you bought to your wallet and so on so you can really comprehend how to properly utilize unstoppable domain names so let’s start welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get going with this site is extremely easy you just come here and after that you key in the domain name that you desire right here and after that click on search now i want simply wish to discuss that they do have particular price points for the number of characters are 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 example if i was come here and i enter my last name 2 400 uh i think i’ll pass however anyways let me go ahead and just include this to cart for demonstration functions 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 nevertheless payment gateway you want to use all right 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 want to go through the process and actually declare uh your domain addresses since one then you in fact own it then two you can do whatever you want with it if you want to go sell it on some type of like nft market you can go ahead and do that all right 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 till you really move the cryptocurrency from coinbase to your own wallet this is the exact same so this is on there this is you know 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 just want to briefly reference at the time of this video that there are a few methods to claim your domain name the first method is that you have to buy 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 via gas fees number 2 is you can pay the gas costs 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 simply wait until august so then they’ll have a scaling solution that makes it simple to claim but anyways to get started is very simple so we go here say if i desire 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 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 alright fantastic 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 particularly for ethereum now there are a couple of different 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 just going to utilize metamask so to get start with metamask is easy meta mask there we go okay so we click on this link then we want to download it now click that set up metamask for chrome all right and let’s go ahead and add to chrome add extension and there we go fine so now the metamask app is installed on our web browser so we simply click start we are new to metamask so here is where you need to establish a wallet a wallet is what you do with your cryptocurrency Find A Cryptocurrency Home Domain