describe subjects of the cryptocurrency world…Is An Unstoppable Domain Worth It?. utilizing analogies stories and examples so that you can quickly comprehend them in this video we are going to be describing what unstoppable domains is how they might be much better than ens and what that means for people getting into the complicated crypto space before 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 love using examples so that’s exactly what we’re going to be using to help you comprehend dns so dns means domain service which is a fancy method of stating that it is a handy service which enables us human beings to key in human readable addresses into the search bar and after that it will immediately turn them into device understandable addresses so the majority of you are probably familiar with ip addresses and those are precisely how a computer at one end of the web understands how to talk specifically to another computer somewhere else and not just scream it into the void that is the web when you type in google.com and you hit enter your computer system 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 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 complex math and software all of this
interaction takes place behind the scenes however to you it’s easy and user friendly in fact if we had to type in 18.104.22.168 into the url bar instead of google.com a lot more individuals would be puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and webs because it makes good sense to us so that’s basically 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 simply mentioned 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 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 feel free to leave a like listed below it’s complimentary and it rewards all our effort on this video and the past hundred that we have actually been actually hard at work creating however anyways if you’re not utilized to comprehending crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d need to share
Current 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 want whatever wallet you want with ease alright so now let’s jump into my laptop computer and enter into the tutorial area of the video where i want to show you unstoppable domain how to get a domain name how to set up a particular wallet so you can attach the domain name that you purchased to your wallet etc so you can actually comprehend how to properly utilize unstoppable domain names so let’s get started welcome to my laptop let’s start so this is unstoppable domains.com now to get going with this site is very simple you just come here and after that you type in the domain that you want right here and then click search now i desire just want to discuss that they do have specific rate 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 instance if i was come here and i type in my last name 2 400 uh i believe i’ll pass but anyways let me proceed and simply add this to haul for demonstration functions we’ll go to the carts which’s it alright 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 flexible i like it’s that it’s not one of those unusual 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 entrance you desire 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 site dot crypto and that’s it how to claim your crypto domain address now the reason why you ‘d desire to go through the procedure and in fact declare uh your domain addresses because one then you actually own it then 2 you can do whatever you desire with it if you desire to go offer it on some type of like nft market you can go ahead and do that okay 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 until you actually move the cryptocurrency from coinbase to your own wallet this is the very same so this is on there this is you know it’s like 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 and so i simply want to briefly mention at the time of this video that there are a few ways to claim your domain name the first way is that you have to purchase a claim with credits fee so that costs uh at this time 40 per domain name and so that’s pays for the gas fees you’re like what are gas charges look this the ethereum network you really have to pay uh to move things on and off by means of gas charges number two is you can pay the gas charges 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 till august so then they’ll have a scaling option that makes it easy to claim however anyways to get begun is extremely easy so we go here say if i desire to declare this one make a website.crypto we’ll declare with ethereum right there claim process began 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 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 best click copy paste there we go boom put that in fine terrific now you’re like whoa what do i do select 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 various wallets that they advise so for desktop there’s meta mask for mobile you can
utilize 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 start with metamask is simple meta mask there we go fine so we click on this link then we wish to download it now click that set up metamask for chrome fine and let’s proceed and add to chrome add extension and there we go fine so now the metamask app is installed on our web browser so we just click begin we are brand-new to metamask so here is where you need to establish a wallet a wallet is what you make with your cryptocurrency Is An Unstoppable Domain Worth It?