explain topics of the cryptocurrency world…Namecoin Confirmation. utilizing analogies 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 better than ens and what that means for individuals entering 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 white boards crypto we like using examples so that’s exactly what we’re going to be using to help you comprehend dns so dns stands for domain service which is an expensive way of saying that it is a practical service which permits us humans to key in human understandable addresses into the search bar and after that it will automatically turn them into maker legible addresses so the majority of you are most likely familiar with ip addresses and those are exactly how a computer at one end of the internet knows how to talk particularly to another computer somewhere else and not simply scream it into the void that is the web when you enter google.com and you hit 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 searching for them and then grabs a bundle back to send out to you now the package is then unpacked by your computer to show you the entirety of the google.com home page utilizing complicated math and software application all of this
communication happens behind the scenes however to you it’s easy and user friendly in fact if we needed to key in 8.8.8.8 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 internet because it makes sense to us so that’s essentially what a dns is a translator for humans to speak machine code next up let’s see how this works for crypto ens is basically the very same thing that i simply discussed except it’s for ethereum ens means ethereum name service and pretty much lets me inform you that whiteboardcrypto.eth is my wallet address so you can merely 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 listed below it’s complimentary and it rewards all our hard work on this video and the past hundred that we have actually been truly hard at work producing however anyways if you’re not utilized to comprehending crypto the option to sharing whiteboard crypto.eth with somebody is i ‘d have to share
Current domain 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 name you can transfer it to anywhere you want whatever wallet you want with ease all right so now let’s delve into my laptop computer and get into the guide section of the video where i wish to show you unstoppable domain names how to get a domain how to establish a particular wallet so you can connect the domain name that you purchased to your wallet etc so you can really comprehend how to effectively use unstoppable domain names so let’s get going welcome to my laptop let’s begin so this is unstoppable domains.com now to begin with this site is really easy you simply come here and after that you type in the domain name that you want right here and then click search now i desire simply wish to mention that they do have particular price points for how many characters are in the domain that you wish to get so something over 8 characters will be 40 the smaller 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 think i’ll pass however anyways let me go on and simply add this to cart for presentation purposes we’ll go to the carts and that’s it all right 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 actually like i like that it’s flexible i like it’s that it’s not one of those unusual 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 entrance you desire to utilize 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 declare your crypto domain address now the factor why you ‘d want to go through the process and in fact declare uh your domain addresses since one then you in fact 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 okay so simply 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 up until you in fact 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 understand this is you you haven’t declared it yet so it’s an iou that you own this and so i just want to briefly reference at the time of this video that there are a couple of ways to claim your domain name the very first method is that you have to acquire a claim with credits cost so that costs uh at this time 40 per domain name and so that’s pays for the gas charges you’re like what are gas fees look this the ethereum network you in fact have to pay uh to move things on and off by means of gas charges number two is you can pay the gas fees 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 solution that makes it easy to claim however anyways to get started is extremely simple so we go here say if i want to claim this one make a website.crypto we’ll declare with ethereum right there claim process began so now we have to send the code by email so click that and so right over here we’ll jump over here and wait for 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 right click copy paste there we go boom put that in fine terrific 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 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 begin with metamask is easy meta mask there we go okay so we click here then we want to download it now click that set up metamask for chrome alright and let’s go on and add to chrome add extension and there we go all right so now the metamask app is installed on our web browser so we just click on get going we are new to metamask so here is where you have to set up a wallet a wallet is what you finish with your cryptocurrency Namecoin Confirmation