explain subjects of the cryptocurrency world…Namecoin The Future. using analogies stories and examples so that you can quickly comprehend them in this video we are going to be explaining what unstoppable domains is how they might be much better than ens and what that suggests for individuals entering into the complex crypto space prior to we really get to understanding the power of unstoppable domains the first thing we’ll need to do is understand dns here at whiteboard crypto we enjoy utilizing examples so that’s exactly what we’re going to be using to help you understand dns so dns represents domain service which is an expensive method of stating that it is a helpful service which allows us humans to enter human legible addresses into the search bar and then it will automatically turn them into maker understandable addresses so most of you are probably familiar with ip addresses and those are precisely how a computer system at one end of the web understands how to talk particularly to another computer system elsewhere and not simply shriek it into the abyss that is the web when you type in google.com and you hit enter your computer system sends 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 trying to find them and after that grabs a bundle 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 complex mathematics and software application all of this
communication occurs behind the scenes but 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 individuals would be puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and internet because 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 tell you that whiteboardcrypto.eth is my wallet address so you can merely type that in and pay me 20 if you desire by the way if you don’t have 20 and you want to support the channel feel free to leave a like below it’s totally free and it rewards all our effort on this video and the past hundred that we have actually been really hard at work producing but anyways if you’re not used to understanding 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 register and so on uh when you have a dot crypto dot zill any type of blockchain based domain name you can move it to anywhere you desire whatever wallet you desire with ease all right so now let’s delve into my laptop and get into the guide area of the video where i want to reveal you unstoppable domain names how to get a domain name how to set up a specific wallet so you can connect the domain name that you bought to your wallet etc so you can truly comprehend how to correctly use unstoppable domain so let’s begin welcome to my laptop let’s start so this is unstoppable domains.com now to begin with this website is very basic you simply come here and then you key in the domain name that you want right here and then click on search now i desire just wish to discuss that they do have specific rate 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 the domain name the more pricey 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 just add this to haul for demonstration purposes we’ll go to the carts and that’s it fine and
then you click here checkout which’s it therefore you can pay with a charge card paypal crypto or you can pay with the crypto.com app and i actually like i like that it’s versatile i like it’s that it’s not one of those unusual crypto websites 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 all right and that’s it therefore when you’re all set then you’ll have your my domain list in your account therefore 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 you ‘d want to go through the process and really declare uh your domain addresses because one then you in fact own it then two you can do whatever you desire with it if you wish to go sell it on some type of like nft marketplace you can proceed and do that alright so just 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 up until you in fact move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you understand it resembles a hot wallet i guess you understand this is you you have not claimed 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 ways to declare your domain name the very first method is that you need to purchase a claim with credits fee so that expenses uh at this time 40 per domain name therefore that’s spends for the gas costs you resemble what are gas charges look this the ethereum network you really need to pay uh to move things on and off via gas fees number two is you can pay the gas charges directly from your own wallet so if you currently 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 option that makes it easy to claim however anyways to get started is very simple so we go here say if i wish to claim this one make a website.crypto we’ll claim with ethereum right there declare procedure began so now we have to send the code by email so click that and so right over here we’ll leap over here and await 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 just highlight that right click copy paste there we go boom put that in fine terrific now you resemble 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 specifically for ethereum now there are a few 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 just going to utilize metamask so to get start 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 go ahead and contribute to chrome include extension and there we go okay so now the metamask app is installed on our web browser so we just click begin we are brand-new to metamask so here is where you need to establish a wallet a wallet is what you make with your cryptocurrency Namecoin The Future