explain subjects of the cryptocurrency world…Namecoin Prognozy. using analogies stories and examples so that you can easily understand 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 means for people entering into the complex crypto space prior to we really get to comprehending the power of unstoppable domains the first thing we’ll need to do is understand dns here at whiteboard crypto we love using examples so that’s exactly what we’re going to be utilizing to help you comprehend dns so dns means domain service which is an expensive method of stating that it is an useful service which allows us people to key in human legible addresses into the search bar and after that it will immediately turn them into device readable addresses so most of you are probably acquainted with ip addresses and those are precisely how a computer at one end of the web knows how to talk specifically to another computer system elsewhere and not simply yell it into the abyss that is the web when you enter google.com and you hit enter your computer system 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 package back to send to you now the bundle is then unpacked by your computer to reveal you the whole of the google.com web page utilizing complicated math and software all of this
communication occurs behind the scenes but to you it’s simple and easy to use in fact if we needed to enter 8.8.8.8 into the url bar instead of google.com a lot more people would be confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and webs 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 just discussed other than it’s for ethereum ens represents ethereum name service and basically lets me tell you that whiteboardcrypto.eth is my wallet address so you can simply 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 effort on this video and the past hundred that we’ve been truly hard at work developing however anyways if you’re not used to comprehending crypto the alternative to sharing white boards crypto.eth with somebody is i ‘d have to share
Existing domain name 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 type of blockchain based domain you can move it to any place you desire whatever wallet you desire with ease all right so now let’s jump into my laptop computer and get into the guide area of the video where i wish to reveal you unstoppable domain names 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 and so on so you can really understand how to properly use unstoppable domain so let’s begin welcome to my laptop computer let’s start so this is unstoppable domains.com now to get going with this website is really basic you just come here and after that you key in the domain name that you desire right here and after that click on search now i desire just want to mention that they do have specific rate 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 expensive it’s going to be so for instance if i was come here and i key in my surname 2 400 uh i think i’ll pass however anyways let me go ahead and simply include this to haul for presentation functions we’ll go to the carts and that’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 websites where you have to pay in cryptocurrency or you have to buy unstoppable coin then exchange it or whatever no you can pay with nevertheless payment entrance you desire to use all right and that’s it and so when 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 actually declare uh your domain addresses since one then you actually own it then two you can do whatever you desire 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 buy any type of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou till you actually move the cryptocurrency from coinbase to your own wallet this is the very same so this is on there this is you know it’s like a hot wallet i guess you know this is you you have not declared it yet so it’s an iou that you own this and so i just desire to briefly reference at the time of this video that there are a couple of methods to declare your domain name the first method is that you have to acquire a claim with credits fee so that expenses uh at this time 40 per domain name and so that’s pays for the gas charges you’re like what are gas costs look this the ethereum network you really have to pay uh to move things on and off by means of gas fees number two is you can pay the gas charges 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 service that makes it easy to claim however anyways to get started is really basic so we go here state if i want to claim this one make a website.crypto we’ll declare with ethereum right there claim procedure started so now we have to send the code by e-mail 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 just highlight that ideal click copy paste there we go boom put that in okay terrific now you’re like whoa what do i do select 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 few 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 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 begin with metamask is simple meta mask there we go alright so we click on this link then we wish to download it now click on that install metamask for chrome fine and let’s go ahead and contribute to chrome include extension and there we go all right so now the metamask app is installed on our internet browser so we simply click get going we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you do with your cryptocurrency Namecoin Prognozy