discuss subjects of the cryptocurrency world…Namecoin Facts. utilizing analogies 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 much better than ens and what that implies for individuals entering into the complex crypto space before we in fact get to understanding the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we like using examples so that’s precisely what we’re going to be utilizing to assist you understand dns so dns represents domain name service which is a fancy way of stating that it is a valuable service which permits us people to enter human readable 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 system elsewhere and not just shriek it into the abyss that is the web when you type 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 finds out and goes to where google is tells them that you are looking for them and after that grabs a package back to send out to you now the plan is then unpacked by your computer system to show you the entirety of the google.com web page using complicated mathematics and software all of this
communication occurs behind the scenes however to you it’s easy 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 people would be puzzled 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 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 exact same thing that i simply discussed other than it’s for ethereum ens represents ethereum name service and basically lets me inform 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 don’t have 20 and you wish 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 utilized to understanding crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d have to share
Present domain 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 anywhere you desire whatever wallet you desire with ease okay so now let’s delve into my laptop computer and get into the tutorial section of the video where i wish to show you unstoppable domain how to get a domain name how to establish a specific wallet so you can attach the domain name that you bought to your wallet etc so you can truly comprehend how to properly use unstoppable domain so let’s get going welcome to my laptop let’s begin so this is unstoppable domains.com now to begin with this website is really easy you simply come here and after that you key in the domain that you want right here and then click search now i desire simply wish to mention that they do have specific rate points for the number of characters are in the domain that you wish to get so something over 8 characters will be 40 the smaller the domain name the more costly it’s going to be so for example if i was come here and i type in my last name 2 400 uh i think i’ll pass but anyways let me go on and simply include this to cart for presentation functions we’ll go to the carts which’s it all right and
then you click on here checkout and that’s it and so you can pay with a charge card paypal crypto or you can pay with the crypto.com app and i truly like i like that it’s versatile i like it’s that it’s not one of those weird crypto websites where you need 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 want to use okay which’s it and so when you’re all set then you’ll have your my domain name 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 claim your crypto domain address now the reason you ‘d want to go through the procedure and really claim uh your domain addresses because one then you actually 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 marketplace you can go ahead and do that fine so much like when you purchase any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is just an iou it’s an iou up until 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 resembles a hot wallet i guess you know this is you you haven’t claimed it yet so it’s an iou that you own this and so i simply wish to briefly reference at the time of this video that there are a couple of methods to claim your domain the very first method is that you need to purchase a claim with credits cost so that costs uh at this time 40 per domain therefore that’s pays for the gas costs you resemble what are gas charges look this the ethereum network you really need to pay uh to move things on and off via gas costs second is you can pay the gas fees directly 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 until august so then they’ll have a scaling option that makes it easy to claim however anyways to begin is very easy so we go here say if i wish to claim this one make a website.crypto we’ll claim with ethereum right there claim procedure started so now we need to send out the code by e-mail so click that therefore right over here we’ll jump 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 just highlight that best click copy paste there we go boom put that in alright fantastic now you’re like whoa what do i do choose 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 couple of different wallets that they suggest 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 just going to utilize metamask so to begin with metamask is simple meta mask there we go fine so we click on this link then we want to download it now click on that set up metamask for chrome alright and let’s go on and contribute to chrome add extension and there we go okay so now the metamask app is installed on our internet 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 do with your cryptocurrency Namecoin Facts