explain topics of the cryptocurrency world…Namecoin Chrome. utilizing analogies stories and examples so that you can quickly understand 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 entering the complex crypto area before we really get to understanding the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at whiteboard crypto we enjoy utilizing examples so that’s exactly what we’re going to be using to assist you understand dns so dns represents domain service which is an elegant method of saying that it is a helpful service which enables us people to type in human understandable addresses into the search bar and after that it will immediately turn them into machine readable addresses so most of you are probably knowledgeable about ip addresses and those are precisely how a computer at one end of the internet understands how to talk particularly to another computer somewhere else and not simply scream it into the abyss that is the web when you key in google.com and you hit enter your computer sends out a message to your internet service provider saying yo where’s google the internet service provider learns and goes to where google is tells them that you are looking for them and then grabs a plan 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 using complex math and software application all of this
interaction happens behind the scenes however to you it’s easy 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 internet because 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 essentially the same thing that i simply pointed out other than 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 do not have 20 and you want to support the channel feel free to leave a like below it’s totally free and it rewards all our effort on this video and the past hundred that we have actually been truly hard at work producing however anyways if you’re not used to understanding crypto the option to sharing white boards crypto.eth with someone is i ‘d need to share
Existing 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 kind of blockchain based domain name you can move it to wherever you desire whatever wallet you desire with ease all right so now let’s jump into my laptop and enter the tutorial section of the video where i wish 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 and so on so you can really understand how to effectively use unstoppable domain names so let’s begin welcome to my laptop computer let’s begin so this is unstoppable domains.com now to begin with this website is extremely basic you just come here and after that you key in the domain name that you desire right here and then click on search now i want just wish to mention that they do have specific cost points for how many characters are in the domain that you wish to get so something over 8 characters will be 40 the smaller sized the domain the more expensive it’s going to be so for instance if i was come here and i enter my surname 2 400 uh i believe i’ll pass however anyways let me proceed and simply include this to haul for demonstration functions we’ll go to the carts which’s it alright 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 really like i like that it’s flexible i like it’s that it’s not one of those strange crypto websites where you need 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 fine which’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 which’s it how to declare your crypto domain address now the reason why you ‘d want to go through the process and actually claim uh your domain addresses due to the fact that one then you really own it then 2 you can do whatever you desire with it if you wish to go sell it on some type of like nft market you can go ahead and do that all right so much like when you buy any kind 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 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 declared it yet so it’s an iou that you own this therefore i just wish to briefly reference at the time of this video that there are a few ways to claim your domain the first method is that you have to acquire a claim with credits fee so that expenses uh at this time 40 per domain name and so that’s spends for the gas charges you’re like what are gas charges look this the ethereum network you actually have to pay uh to move things on and off through gas fees number two is you can pay the gas charges directly from your own wallet so if you already have a wallet established 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 service that makes it simple to claim however anyways to get going is extremely easy so we go here state if i wish to claim this one make a website.crypto we’ll declare with ethereum right there claim process began so now we need to send the code by e-mail so click that and so right over here we’ll leap over here and wait on the code to strike 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 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 specifically 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 just going to utilize metamask so to begin with metamask is easy meta mask there we go fine so we click on this link then we want to download it now click that set up metamask for chrome okay and let’s proceed and add to chrome include extension and there we go okay so now the metamask app is set up on our internet browser so we just click get started we are new to metamask so here is where you need to set up a wallet a wallet is what you do with your cryptocurrency Namecoin Chrome