discuss topics of the cryptocurrency world…Namecoin Qt For Mac. utilizing analogies stories and examples so that you can quickly understand 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 indicates for people entering into the complex crypto area prior to 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 exactly what we’re going to be using to help you understand dns so dns stands for domain name service which is a fancy way of stating that it is a valuable service which allows us human beings to enter human understandable addresses into the search bar and after that it will instantly turn them into maker legible addresses so the majority of you are most likely familiar with ip addresses and those are exactly how a computer system at one end of the internet knows how to talk particularly to another computer somewhere else and not simply shriek it into the void that is the web when you key in google.com and you struck enter your computer system sends out a message to your internet service provider saying 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 gets a bundle back to send out to you now the bundle is then unpacked by your computer system to reveal you the whole of the google.com home page using complicated mathematics and software application all of this
interaction takes place behind the scenes but to you it’s easy and easy to use in fact if we had to enter 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 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 same thing that i simply mentioned except it’s for ethereum ens represents ethereum name service and practically 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 don’t have 20 and you want to support the channel feel free to leave a like listed below it’s free and it rewards all our effort on this video and the past hundred that we’ve been truly hard at work producing however anyways if you’re not used to understanding crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d have to share
Current domain name register to launch domain 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 kind of blockchain based domain name you can transfer it to anywhere you want whatever wallet you want with ease okay so now let’s jump into my laptop computer and enter the tutorial section of the video where i want to show you unstoppable domain names how to get a domain how to establish a specific wallet so you can attach the domain that you purchased to your wallet and so on so you can truly understand 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 going with this website is really easy you just come here and after that you type in the domain name that you want right here and then click on search now i want just want to mention that they do have particular price points for the number of characters remain in the domain name that you want to get so something over 8 characters will be 40 the smaller sized the domain the more expensive it’s going to be so for example if i was come here and i enter my last name 2 400 uh i think i’ll pass however anyways let me go on and simply add this to haul for demonstration purposes we’ll go to the carts and that’s it alright and
then you click 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 actually like i like that it’s flexible i like it’s that it’s not one of those odd 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 nevertheless payment gateway you wish to utilize fine and that’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 and that’s it how to claim your crypto domain address now the reason you ‘d want to go through the procedure and really declare uh your domain addresses since one then you actually own it then two you can do whatever you want with it if you wish to go sell it on some type of like nft market you can go ahead and do that fine so much like when you buy any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is simply an iou it’s an iou 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 think you understand this is you you have not declared it yet so it’s an iou that you own this therefore i simply want to briefly mention at the time of this video that there are a few methods to claim your domain the very first method is that you need to buy a claim with credits charge so that costs uh at this time 40 per domain therefore that’s spends for the gas charges you’re like what are gas fees look this the ethereum network you really need to pay uh to move things on and off by means of gas costs number two is you can pay the gas charges straight from your own wallet so if you already have a wallet established 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 service that makes it easy to claim but anyways to begin is very easy so we go here say if i want to declare this one make a website.crypto we’ll declare with ethereum right there declare process began so now we need to send out the code by email so click that therefore right over here we’ll leap 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 terrific 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 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
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 utilize metamask so to begin with metamask is simple meta mask there we go fine so we click here then we wish to download it now click on that install metamask for chrome okay and let’s proceed and contribute to chrome include extension and there we go fine so now the metamask app is installed on our browser so we simply click on get started we are new to metamask so here is where you need to set up a wallet a wallet is what you make with your cryptocurrency Namecoin Qt For Mac