describe topics of the cryptocurrency world…Monero And Namecoin. using examples stories and examples so that you can easily comprehend them in this video we are going to be explaining what unstoppable domains is how they might be much better than ens and what that implies for individuals getting into the complex crypto area prior to we actually get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we love using examples so that’s exactly what we’re going to be utilizing to help you understand dns so dns represents domain service which is an elegant way of saying that it is a helpful service which allows us humans to enter human understandable addresses into the search bar and after that it will instantly turn them into maker legible addresses so the majority of you are probably knowledgeable about ip addresses and those are exactly how a computer at one end of the internet understands how to talk specifically 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 discovers and goes to where google is tells them that you are looking for them and then grabs a package back to send to you now the bundle is then unpacked by your computer to reveal you the totality of the google.com web page utilizing complicated mathematics and software application all of this
communication happens behind the scenes however to you it’s basic and user friendly 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 because it makes good sense to us so that’s essentially what a dns is a translator for people to speak machine code next up let’s see how this works for crypto ens is essentially the exact same thing that i simply pointed out except it’s for ethereum ens means 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 don’t have 20 and you wish to support the channel do not hesitate to leave a like 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 developing but anyways if you’re not utilized to comprehending crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d have to share
Existing domain name register to release domain or in order to move it over to this other domain name register and so on uh when you have a dot crypto dot zill any kind of blockchain based domain you can transfer it to any place you want whatever wallet you want with ease okay so now let’s jump into my laptop and get into the guide area of the video where i wish to show you unstoppable domain names how to get a domain how to set up a specific wallet so you can connect the domain that you bought to your wallet etc so you can truly understand how to appropriately utilize unstoppable domain names so let’s start welcome to my laptop let’s start so this is unstoppable domains.com now to start with this site is really easy you just come here and after that you enter the domain name that you want right here and after that click on search now i desire simply wish to point out that they do have particular price 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 the more pricey it’s going to be so for example if i was come here and i type in my surname 2 400 uh i believe i’ll pass but anyways let me go on and just add this to cart for demonstration purposes 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 really like i like that it’s versatile i like it’s that it’s not one of those strange crypto websites 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 desire to use okay 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 site 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 really own it then 2 you can do whatever you want with it if you desire to go sell it on some type of like nft market you can go ahead and do that alright so just like when you buy 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 actually move the cryptocurrency from coinbase to your own wallet this is the exact 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 simply want to briefly mention at the time of this video that there are a few ways to declare your domain name the first way is that you have to buy a claim with credits charge so that expenses 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 in fact 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 just wait up until august so then they’ll have a scaling option that makes it easy to claim but anyways to get started is very basic so we go here say if i want to claim this one make a website.crypto we’ll claim with ethereum right there declare process began 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 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 all right 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 specifically for ethereum now there are a couple of different wallets that they recommend 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 alright so we click here then we wish to download it now click that set up metamask for chrome all right and let’s go on and contribute to chrome include extension and there we go all right so now the metamask app is installed on our browser so we just click start we are brand-new to metamask so here is where you have to set up a wallet a wallet is what you finish with your cryptocurrency Monero And Namecoin