describe topics of the cryptocurrency world…Namecheap Namecoin. using 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 people getting into the complex crypto area prior to we actually get to comprehending the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at whiteboard crypto we like using examples so that’s exactly what we’re going to be utilizing to help you comprehend dns so dns stands for domain name service which is an elegant way of saying that it is a practical service which enables us human beings to enter human readable addresses into the search bar and after that it will automatically turn them into device understandable addresses so the majority of you are most likely knowledgeable about ip addresses and those are exactly how a computer at one end of the web understands how to talk particularly to another computer elsewhere and not simply shriek 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 learns and goes to where google is tells them that you are looking for them and after that gets a bundle back to send out to you now the plan is then unpacked by your computer system to reveal you the entirety of the google.com web page utilizing complex math and software application all of this
communication takes place behind the scenes but to you it’s basic 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 confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and webs since it makes good 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 very same thing that i just discussed other than it’s for ethereum ens stands for ethereum name service and basically 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 do not have 20 and you wish to support the channel feel free to leave a like below it’s free and it rewards all our hard work on this video and the past hundred that we’ve been really hard at work creating but anyways if you’re not utilized to comprehending crypto the option to sharing white boards crypto.eth with somebody is i ‘d have to share
Present 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 want whatever wallet you want with ease all right so now let’s jump into my laptop computer and enter the tutorial area of the video where i want to reveal you unstoppable domain names how to get a domain name how to set up a specific wallet so you can connect the domain name that you purchased to your wallet and so on so you can really comprehend how to effectively use unstoppable domain names so let’s get going welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get going with this site is really basic you simply come here and after that you key in the domain that you desire right here and then click on search now i want just wish to discuss 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 the domain the more pricey it’s going to be so for instance if i was come here and i type in my last name 2 400 uh i think i’ll pass however anyways let me go ahead and simply include this to haul for presentation 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 odd 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 want to utilize 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 claim your crypto domain address now the reason why you ‘d desire to go through the process and in fact claim uh your domain addresses because 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 just like when you buy any type of cryptocurrency from an exchange like uh coinbase for example what it is is just 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 guess you know this is you you have not declared 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 couple of methods to declare 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 name and so that’s pays for the gas fees you’re like what are gas costs look this the ethereum network you actually have to pay uh to move things on and off via gas charges number 2 is you can pay the gas costs 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 just wait till august so then they’ll have a scaling option that makes it simple to claim but anyways to get started is really simple so we go here state if i desire to claim this one make a website.crypto we’ll declare with ethereum right there declare process started so now we have to send out 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 right click copy paste there we go boom put that in fine fantastic 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 suggest 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 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 start with metamask is simple meta mask there we go alright so we click on this link then we wish to download it now click that set up metamask for chrome all right and let’s go on and add to chrome add extension and there we go fine so now the metamask app is set up on our internet browser so we simply click on get started we are new to metamask so here is where you have to establish a wallet a wallet is what you make with your cryptocurrency Namecheap Namecoin