explain subjects of the cryptocurrency world…Namecoin Price. 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 better than ens and what that means for people entering the complex crypto space before we actually get to understanding the power of unstoppable domains the first thing we’ll need to do is understand dns here at white boards crypto we like utilizing examples so that’s exactly what we’re going to be using to help you understand dns so dns stands for domain service which is an elegant way of saying that it is a valuable service which enables us human beings to type in human readable addresses into the search bar and then it will immediately turn them into device legible addresses so most of you are most likely acquainted with ip addresses and those are precisely how a computer at one end of the internet knows how to talk specifically to another computer system somewhere else and not simply scream it into the void that is the web when you key in google.com and you hit enter your computer system sends out a message to your internet service provider stating 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 then grabs a package back to send to you now the package is then unpacked by your computer system to show you the whole of the google.com web page utilizing complicated math and software application all of this
interaction occurs 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 people would be puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and webs due to the fact that it makes sense to us so that’s basically 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 exact same thing that i just discussed other than it’s for ethereum ens stands for ethereum name service and practically lets me tell 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 complimentary and it rewards all our hard work on this video and the past hundred that we have actually been truly hard at work creating however anyways if you’re not used to comprehending crypto the option to sharing white boards crypto.eth with someone is i ‘d need to share
Existing domain register to release 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 type of blockchain based domain name you can move it to wherever you want whatever wallet you want with ease okay so now let’s jump into my laptop and get into the guide section of the video where i wish to show you unstoppable domain names how to get a domain name how to establish a specific wallet so you can connect the domain name that you bought to your wallet and so on so you can truly comprehend how to effectively use unstoppable domain so let’s get going welcome to my laptop let’s begin so this is unstoppable domains.com now to get started with this site is really basic you simply come here and after that you enter the domain that you want right here and after that click on search now i want simply want to discuss that they do have specific price points for the number of characters are in the domain name that you want to get so something over 8 characters will be 40 the smaller sized the domain name the more expensive it’s going to be so for example if i was come here and i type in my surname 2 400 uh i believe i’ll pass but anyways let me proceed and just add this to haul for presentation purposes we’ll go to the carts and that’s it all right 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 truly like i like that it’s versatile i like it’s that it’s not one of those weird crypto sites where you need to pay in cryptocurrency or you need to purchase unstoppable coin then exchange it or whatever no you can pay with however payment entrance you wish to use okay which’s it therefore 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 reason why you ‘d wish to go through the process and really claim uh your domain addresses because one then you in fact own it then 2 you can do whatever you want with it if you want to go sell it on some kind of like nft marketplace you can go ahead and do that alright 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 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 think you know this is you you have not declared it yet so it’s an iou that you own this and so i simply want to briefly mention at the time of this video that there are a few ways to claim your domain name the first way is that you have to purchase a claim with credits cost so that expenses uh at this time 40 per domain and so that’s pays for the gas charges you’re like what are gas costs look this the ethereum network you really need to pay uh to move things on and off by means of gas charges second is you can pay the gas charges straight 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 simply wait up until august so then they’ll have a scaling option that makes it simple to claim however anyways to begin is really basic so we go here say if i want to declare this one make a website.crypto we’ll claim with ethereum right there claim process started 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 ideal click copy paste there we go boom put that in fine excellent 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 particularly for ethereum now there are a couple of 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 utilizing 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 simple meta mask there we go all right so we click here 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 include extension and there we go alright so now the metamask app is installed on our browser so we simply click start we are new to metamask so here is where you need to set up a wallet a wallet is what you finish with your cryptocurrency Namecoin Price