explain topics of the cryptocurrency world…Namecoin-qt Wallet. utilizing 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 better than ens and what that means for people entering the complex crypto space before we actually get to comprehending the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at white boards crypto we love using examples so that’s exactly what we’re going to be utilizing to assist you comprehend dns so dns means domain service which is an expensive method of stating that it is a handy service which enables us humans to enter human readable addresses into the search bar and after that it will immediately turn them into machine legible addresses so most of you are most likely knowledgeable about ip addresses and those are precisely how a computer at one end of the internet understands how to talk specifically to another computer system somewhere else and not simply shout it into the abyss that is the web when you enter google.com and you hit 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 looking for them and then grabs a package back to send to you now the bundle is then unpacked by your computer system to reveal you the entirety of the google.com home page utilizing complex mathematics and software application all of this
interaction happens behind the scenes however 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 people would be confused right we do not 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 people to speak machine code next up let’s see how this works for crypto ens is essentially the exact same thing that i just mentioned except it’s for ethereum ens represents 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 desire by the way if you don’t have 20 and you wish to support the channel do not hesitate to leave a like listed below it’s totally free and it rewards all our effort on this video and the past hundred that we have actually been truly hard at work producing however anyways if you’re not utilized to comprehending crypto the option to sharing whiteboard crypto.eth with someone is i ‘d need to share
Present domain register to release domain name or in order to move it over to this other domain name 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 any place you desire whatever wallet you want with ease fine so now let’s jump into my laptop and enter the guide section of the video where i wish to show you unstoppable domain how to get a domain how to establish a specific wallet so you can connect the domain that you purchased to your wallet etc so you can actually understand how to effectively utilize unstoppable domain so let’s get started welcome to my laptop computer let’s begin so this is unstoppable domains.com now to start with this site is extremely simple you simply come here and then you type in the domain that you want right here and then click search now i desire just want to mention that they do have particular price points for how many characters are in the domain name that you wish 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 however anyways let me proceed and simply add this to cart for presentation purposes we’ll go to the carts and that’s it fine 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 flexible i like it’s that it’s not one of those strange 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 want to use all right and that’s it and so as soon as you’re all set then you’ll have your my domain list in your account and so we have right down there so i own my name dot crypto and make a site dot crypto which’s it how to declare your crypto domain address now the reason that you ‘d wish to go through the procedure and in fact claim uh your domain addresses due to the fact that one then you actually own it then 2 you can do whatever you desire with it if you want to go sell it on some type of like nft market you can go ahead and do that fine so just like when you purchase any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is simply an iou it’s an iou till you really 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 guess 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 claim your domain name the first method is that you need to buy 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 resemble 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 costs straight 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 option that makes it easy to claim however anyways to get going is very easy so we go here state if i wish to declare this one make a website.crypto we’ll declare with ethereum right there claim process 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 for 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 okay excellent now you resemble whoa what do i do pick 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 various 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 utilize metamask so to get going with metamask is easy 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 all right and let’s proceed and contribute to chrome include extension and there we go alright so now the metamask app is set up on our browser so we just click get going 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 Wallet