discuss subjects of the cryptocurrency world…How Crypto Domain Works. utilizing examples 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 means for individuals getting into the complex crypto area before we in fact 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 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 elegant method of stating that it is an useful service which permits us people to type in human legible addresses into the search bar and after that it will immediately turn them into machine legible addresses so the majority of you are most likely knowledgeable about ip addresses and those are precisely how a computer system at one end of the internet understands how to talk specifically to another computer system elsewhere and not just yell it into the abyss 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 learns and goes to where google is tells them that you are searching for them and then gets a bundle back to send to you now the plan is then unpacked by your computer system to show you the totality of the google.com web page using complicated mathematics and software all of this
interaction happens behind the scenes but to you it’s simple and easy to use in fact if we had to enter 8.8.8.8 into the url bar instead of google.com a lot more individuals would be puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and webs since 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 same thing that i just discussed 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 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 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’ve been really hard at work producing but anyways if you’re not used to comprehending crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d need to share
Current domain register to launch 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 type of blockchain based domain you can move it to any place you want whatever wallet you desire with ease all right so now let’s jump into my laptop and get into the guide area of the video where i want to reveal you unstoppable domain how to get a domain how to set up a particular wallet so you can attach the domain that you bought to your wallet etc so you can really comprehend how to correctly utilize unstoppable domain so let’s get started welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get going with this website is really basic 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 desire simply want to mention that they do have particular rate points for the number of characters remain 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 costly it’s going to be so for example if i was come here and i enter my surname 2 400 uh i think i’ll pass but anyways let me go ahead and simply include this to haul for presentation functions we’ll go to the carts and that’s it fine and
then you click on here checkout and that’s it therefore you can pay with a charge card paypal crypto or you can pay with the crypto.com app and i actually 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 need to buy unstoppable coin then exchange it or whatever no you can pay with however payment entrance you wish to utilize all right and that’s it and so 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 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 really claim uh your domain addresses since one then you actually own it then two you can do whatever you want with it if you want to go sell it on some kind of like nft marketplace you can proceed and do that fine so similar to when you purchase any kind of cryptocurrency from an exchange like uh coinbase for example what it is is simply 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’s like a hot wallet i guess you know this is you you have not 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 few methods to claim your domain name the very first way is that you have to purchase a claim with credits fee so that expenses uh at this time 40 per domain and so that’s pays for the gas costs 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 second is you can pay the gas fees directly from your own wallet so if you currently have a wallet established 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 simple to claim but anyways to get started is extremely simple 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 started so now we need to send the code by e-mail so click that therefore right over here we’ll jump over here and await 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 alright terrific now you resemble whoa what do i do pick 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 few 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 simply going to utilize metamask so to get start with metamask is easy meta mask there we go all right so we click here then we want to download it now click that set up metamask for chrome fine and let’s go on and contribute to chrome add extension and there we go okay so now the metamask app is set up on our internet browser so we simply click begin we are brand-new to metamask so here is where you need to set up a wallet a wallet is what you make with your cryptocurrency How Crypto Domain Works