explain topics of the cryptocurrency world…Is Unstoppable Domains A Good Investment. utilizing examples stories and examples so that you can quickly understand them in this video we are going to be discussing what unstoppable domains is how they might be much better than ens and what that means for people entering into the complicated crypto space before we in fact get to comprehending the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at whiteboard crypto we love using examples so that’s precisely what we’re going to be using to help you comprehend dns so dns represents domain service which is an expensive way of stating that it is a helpful service which enables us people to type in human understandable addresses into the search bar and then it will automatically turn them into device readable addresses so the majority of you are probably familiar with ip addresses and those are exactly how a computer system at one end of the web knows how to talk particularly to another computer system somewhere else and not just shout it into the abyss that is the web when you enter google.com and you hit enter your computer system sends 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 searching for them and after that gets a package 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 home page using complex math and software all of this
interaction takes place behind the scenes but to you it’s basic 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 don’t speak in numbers or ip addresses we speak in dot coms dot orgs and internet due to the fact that 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 discussed other than 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 simply type that in and pay me 20 if you want by the way if you do not have 20 and you wish to support the channel feel free to leave a like below it’s complimentary and it rewards all our effort on this video and the past hundred that we have actually been truly hard at work creating but anyways if you’re not used to comprehending crypto the alternative to sharing white boards crypto.eth with someone is i ‘d have to share
Existing domain name register to launch domain or in order to move it over to this other domain register etc uh when you have a dot crypto dot zill any kind of blockchain based domain you can move it to any place you desire whatever wallet you want with ease alright so now let’s jump into my laptop computer and enter into the tutorial section of the video where i want to reveal you unstoppable domain how to get a domain name how to establish a particular wallet so you can attach the domain name that you bought to your wallet etc so you can actually understand how to appropriately use unstoppable domain names so let’s get started welcome to my laptop let’s begin so this is unstoppable domains.com now to get started with this website is really simple you just come here and after that you type in the domain name that you desire right here and after that click on search now i want just want to point out that they do have particular price points for the number of characters are in the domain name that you want to get so something over 8 characters will be 40 the smaller the domain the more pricey it’s going to be so for instance if i was come here and i enter my surname 2 400 uh i think i’ll pass but anyways let me proceed and just include 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 truly like i like that it’s flexible i like it’s that it’s not one of those weird crypto websites where you have to pay in cryptocurrency or you have to buy unstoppable coin then exchange it or whatever no you can pay with however payment entrance you want to use alright and that’s it and so when 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 claim your crypto domain address now the factor why you ‘d want to go through the process and in fact claim uh your domain addresses since one then you actually own it then 2 you can do whatever you want with it if you want to go sell it on some type of like nft marketplace you can go ahead and do that okay so simply 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 up until you really 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 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 desire to briefly mention at the time of this video that there are a few ways to claim your domain name the first method is that you have to purchase a claim with credits fee so that expenses 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 via gas charges number 2 is you can pay the gas charges 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 up until august so then they’ll have a scaling option that makes it easy to claim but anyways to get started is extremely basic so we go here say if i want to declare this one make a website.crypto we’ll claim with ethereum right there declare procedure began so now we have 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 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 excellent 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 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 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 on this link then we want to download it now click that install metamask for chrome alright 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 browser so we simply click get started we are new to metamask so here is where you need to set up a wallet a wallet is what you make with your cryptocurrency Is Unstoppable Domains A Good Investment