describe subjects of the cryptocurrency world…Namecoin Ios. utilizing analogies stories and examples so that you can easily understand them in this video we are going to be describing what unstoppable domains is how they might be better than ens and what that implies for people getting into the complex crypto space before we really get to comprehending the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at whiteboard crypto we enjoy using examples so that’s exactly what we’re going to be utilizing to help you comprehend dns so dns represents domain service which is a fancy method of saying that it is an useful service which enables us humans to key in human readable addresses into the search bar and after that it will automatically turn them into maker understandable addresses so most of you are probably acquainted with ip addresses and those are exactly how a computer at one end of the internet knows how to talk specifically to another computer somewhere else and not simply yell it into the abyss that is the web when you key in google.com and you hit enter your computer system sends 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 trying to find them and after that grabs a plan back to send to you now the plan is then unpacked by your computer system to show you the whole of the google.com home page utilizing complicated math and software all of this
interaction happens behind the scenes however to you it’s easy and user friendly in fact if we had to type in 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 internet because it makes good sense to us so that’s basically 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 mentioned other than it’s for ethereum ens stands for ethereum name service and pretty much lets me tell 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 do not hesitate 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 developing however anyways if you’re not utilized to understanding crypto the alternative to sharing white boards crypto.eth with somebody is i ‘d need to share
Current domain register to release domain name or in order to move it over to this other domain register etc uh when you have a dot crypto dot zill any type of blockchain based domain you can move it to anywhere you want whatever wallet you desire with ease alright so now let’s delve into my laptop computer and get into the guide area of the video where i want to reveal you unstoppable domain how to get a domain how to establish a specific wallet so you can connect the domain name that you purchased to your wallet etc so you can really comprehend how to effectively utilize unstoppable domain so let’s get started welcome to my laptop let’s begin so this is unstoppable domains.com now to begin with this site is extremely basic you simply come here and after that you enter the domain that you want right here and then click search now i want simply wish to mention that they do have particular price points for how many characters remain in the domain that you want to get so something over 8 characters will be 40 the smaller the domain name the more expensive it’s going to be so for instance if i was come here and i enter my last name 2 400 uh i believe i’ll pass but anyways let me proceed and just include this to cart for presentation functions we’ll go to the carts which’s it okay 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 versatile i like it’s that it’s not one of those unusual crypto sites 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 want to use alright 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 website dot crypto and that’s it how to declare your crypto domain address now the reason why you ‘d desire to go through the procedure and actually declare uh your domain addresses due to the fact that one then you really own it then 2 you can do whatever you want with it if you want to go offer it on some type of like nft marketplace you can go ahead and do that all right so just like when you purchase 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 really move the cryptocurrency from coinbase to your own wallet this is the exact same so this is on there this is you know it’s like a hot wallet i think you know this is you you haven’t declared it yet so it’s an iou that you own this and so i simply want to briefly reference at the time of this video that there are a couple of ways to declare 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 costs you’re like what are gas fees look this the ethereum network you really have to pay uh to move things on and off by means of gas fees number 2 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 just wait till august so then they’ll have a scaling service that makes it simple to claim but anyways to get begun is extremely easy so we go here state if i want to declare this one make a website.crypto we’ll claim with ethereum right there claim process started so now we have to send out 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 ideal 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 particularly for ethereum now there are a couple of different wallets that they advise 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 use metamask so to start with metamask is simple meta mask there we go fine so we click here then we want to download it now click on that install metamask for chrome fine and let’s proceed and contribute 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 on begin we are brand-new to metamask so here is where you need to establish a wallet a wallet is what you finish with your cryptocurrency Namecoin Ios