explain topics of the cryptocurrency world…Namecoin Scam. utilizing examples stories and examples so that you can quickly 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 indicates for individuals entering the complex crypto area before we really get to understanding the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at whiteboard crypto we enjoy utilizing examples so that’s exactly what we’re going to be using to help you comprehend dns so dns represents domain name service which is an elegant way of saying that it is a practical service which permits us human beings to enter human understandable addresses into the search bar and then it will immediately turn them into device understandable addresses so most of you are most likely knowledgeable about ip addresses and those are exactly how a computer at one end of the web knows how to talk specifically to another computer system elsewhere and not simply shout it into the void that is the web when you key in google.com and you hit enter your computer 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 trying to find them and after that gets a package back to send to you now the plan is then unpacked by your computer system to show you the entirety of the google.com home page utilizing complicated math and software all of this
communication occurs behind the scenes however to you it’s basic 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 puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and internet due to the fact that it makes sense to us so that’s basically what a dns is a translator for human beings to speak machine code next up let’s see how this works for crypto ens is essentially the same thing that i just mentioned except it’s for ethereum ens means ethereum name service and basically lets me inform you that whiteboardcrypto.eth is my wallet address so you can simply type that in and pay me 20 if you desire by the way if you do not have 20 and you wish to support the channel feel free to leave a like below it’s free and it rewards all our effort on this video and the past hundred that we have actually been actually hard at work developing however anyways if you’re not utilized to comprehending crypto the alternative to sharing white boards crypto.eth with someone is i ‘d need to share
Current domain register to launch 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 anywhere you desire whatever wallet you desire with ease okay so now let’s delve into my laptop and get into the tutorial 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 attach the domain name that you purchased to your wallet etc so you can really understand how to appropriately use unstoppable domain so let’s get started welcome to my laptop computer let’s start so this is unstoppable domains.com now to get started with this website is extremely basic you simply come here and then you type in the domain that you desire right here and after that click search now i want simply wish to mention that they do have particular cost points for how many characters remain in the domain name that you wish to get so something over 8 characters will be 40 the smaller sized the domain the more costly it’s going to be so for example if i was come here and i key in my surname 2 400 uh i think 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
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 strange crypto sites where you have to pay in cryptocurrency or you have to buy unstoppable coin then exchange it or whatever no you can pay with however payment entrance you want to utilize all right and that’s it and so once 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 claim your crypto domain address now the factor why you ‘d desire to go through the process and really declare uh your domain addresses because one then you really own it then two you can do whatever you desire with it if you desire to go offer it on some type of like nft market you can go ahead and do that all right so simply 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 until you in fact move the cryptocurrency from coinbase to your own wallet this is the very same so this is on there this is you understand it’s like a hot wallet i think you know this is you you haven’t 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 few methods to claim your domain name the very first method is that you have to acquire a claim with credits cost so that expenses uh at this time 40 per domain name and so that’s pays for the gas costs you’re like what are gas charges look this the ethereum network you really have to pay uh to move things on and off by means of gas fees number 2 is you can pay the gas costs 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 just wait up until august so then they’ll have a scaling option that makes it simple to claim but anyways to get begun is really simple so we go here state if i desire to declare this one make a website.crypto we’ll claim with ethereum right there claim procedure began so now we have to send out 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 alright 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 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 get start with metamask is easy meta mask there we go all right so we click here then we wish to download it now click on that set up metamask for chrome alright and let’s go ahead and contribute to chrome add extension and there we go fine so now the metamask app is installed on our browser so we simply click on get going we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you finish with your cryptocurrency Namecoin Scam