explain subjects of the cryptocurrency world…Namecoin Namespaces. using analogies stories and examples so that you can quickly comprehend them in this video we are going to be describing what unstoppable domains is how they might be much better than ens and what that implies for individuals entering the complex crypto space prior to we actually get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we like using examples so that’s precisely what we’re going to be using to assist you comprehend dns so dns represents domain name service which is an expensive method of saying that it is a practical service which allows us human beings to enter human readable addresses into the search bar and after that it will automatically turn them into maker readable addresses so most of you are most likely knowledgeable about ip addresses and those are exactly how a computer system at one end of the internet understands how to talk specifically to another computer system elsewhere and not just shout it into the void that is the web when you key in google.com and you struck 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 searching for them and then grabs 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 mathematics and software all of this
interaction takes place behind the scenes but to you it’s simple 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 puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and internet since 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 essentially the exact same thing that i simply pointed out 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 just type that in and pay me 20 if you want by the way if you don’t have 20 and you wish to support the channel do not hesitate to leave a like below it’s totally free and it rewards all our hard work on this video and the past hundred that we have actually been actually hard at work producing however anyways if you’re not utilized to understanding crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d have to share
Existing domain name register to release domain name or in order to move it over to this other domain register and so on uh when you have a dot crypto dot zill any type of blockchain based domain you can transfer it to wherever you want whatever wallet you desire with ease fine so now let’s jump into my laptop and enter into the tutorial area of the video where i want to reveal you unstoppable domain names how to get a domain name how to establish a particular wallet so you can attach the domain name that you purchased to your wallet and so on so you can truly comprehend how to correctly use unstoppable domain names so let’s start welcome to my laptop let’s begin so this is unstoppable domains.com now to get started with this site is very easy you just come here and after that you type in the domain name that you desire right here and after that click search now i desire simply wish to mention that they do have specific rate points for how many characters remain 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 instance if i was come here and i type in my last name 2 400 uh i believe i’ll pass but anyways let me go ahead and simply add this to haul for presentation purposes we’ll go to the carts and that’s it all right and
then you click 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 versatile i like it’s that it’s not one of those weird 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 nevertheless payment entrance you wish to utilize alright which’s it and so once 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 site dot crypto which’s it how to claim your crypto domain address now the reason why you ‘d wish to go through the process and actually claim uh your domain addresses since one then you really own it then two you can do whatever you desire with it if you want to go offer it on some kind of like nft market you can go ahead and do that okay so similar to when you buy any type of cryptocurrency from an exchange like uh coinbase for instance what it is is simply an iou it’s an iou till 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 think you understand this is you you have not claimed it yet so it’s an iou that you own this and so i just wish to briefly mention at the time of this video that there are a couple of ways to declare your domain the first method is that you have to buy a claim with credits fee 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 charges look this the ethereum network you actually need to pay uh to move things on and off via gas charges number two is you can pay the gas fees straight from your own wallet so if you currently have a wallet established 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 service that makes it easy to claim however anyways to begin is very simple so we go here state if i want to declare this one make a website.crypto we’ll declare with ethereum right there declare procedure began so now we need to send the code by e-mail so click that therefore right over here we’ll leap over here and wait on 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 best click copy paste there we go boom put that in alright fantastic now you resemble 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 few 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 simply 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 that set up metamask for chrome fine and let’s go ahead and contribute to chrome add extension and there we go all right so now the metamask app is set up on our web browser so we just click begin 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 Namespaces