describe topics of the cryptocurrency world…Namecoin Vs Dnschain. using analogies stories and examples so that you can quickly understand 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 means for people entering the complex crypto area before we actually get to understanding the power of unstoppable domains the first thing we’ll need to do is understand dns here at whiteboard crypto we love utilizing 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 elegant way of saying that it is an useful service which permits us human beings to type in human understandable addresses into the search bar and then it will instantly turn them into device understandable addresses so the majority of you are most likely acquainted 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 elsewhere and not just yell it into the void that is the web when you type in google.com and you struck enter your computer system sends a message to your internet service provider saying yo where’s google the internet service provider finds out and goes to where google is tells them that you are trying to find them and then grabs a package back to send to you now the package is then unpacked by your computer to reveal you the entirety of the google.com home page utilizing complicated mathematics and software all of this
interaction takes place behind the scenes however to you it’s easy and user friendly in fact if we had to enter 8.8.8.8 into the url bar instead of google.com a lot more people would be puzzled right we do not 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 basically the very same thing that i simply pointed out other than it’s for ethereum ens represents ethereum name service and basically lets me inform you that whiteboardcrypto.eth is my wallet address so you can just type that in and pay me 20 if you want by the way if you do not have 20 and you want to support the channel do not hesitate to leave a like below it’s free and it rewards all our hard work on this video and the past hundred that we have actually been actually hard at work creating but anyways if you’re not used to comprehending crypto the option to sharing white boards crypto.eth with someone is i ‘d need to share
Present 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 kind of blockchain based domain you can move it to anywhere you desire whatever wallet you desire with ease okay so now let’s delve into my laptop computer and enter into the guide area of the video where i want to reveal you unstoppable domain how to get a domain 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 understand how to appropriately use unstoppable domain names so let’s get going welcome to my laptop let’s begin so this is unstoppable domains.com now to begin with this site is extremely easy you just come here and after that you type in the domain name that you desire right here and after that click search now i desire simply want to mention that they do have particular cost points for how many characters remain in the domain that you wish to get so something over 8 characters will be 40 the smaller the domain name the more costly it’s going to be so for example if i was come here and i key in my last name 2 400 uh i think i’ll pass but anyways let me go on and simply add this to cart for presentation purposes we’ll go to the carts which’s it fine and
then you click here checkout which’s it and so 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 versatile i like it’s that it’s not one of those strange 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 nevertheless payment entrance you wish to use alright and that’s it therefore once 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 which’s it how to declare your crypto domain address now the reason you ‘d wish to go through the process and really claim uh your domain addresses due to the fact that one then you in fact own it then two you can do whatever you desire with it if you wish to go offer it on some type of like nft marketplace you can go ahead and do that alright so much 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 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 know it’s like a hot wallet i think you understand this is you you haven’t claimed it yet so it’s an iou that you own this therefore i just wish to briefly reference at the time of this video that there are a few ways to declare your domain the first way is that you have 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 charges you resemble what are gas costs look this the ethereum network you in fact need to pay uh to move things on and off via gas charges second is you can pay the gas costs directly 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 just wait till august so then they’ll have a scaling solution that makes it simple to claim but anyways to begin is really simple so we go here state if i wish 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 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 just highlight that best click copy paste there we go boom put that in all right great now you’re like whoa what do i do choose 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 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 utilizing 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 alright so we click here then we wish to download it now click on that set up metamask for chrome alright and let’s proceed and contribute to chrome add extension and there we go fine so now the metamask app is installed on our web browser so we simply click on begin we are new to metamask so here is where you have to set up a wallet a wallet is what you do with your cryptocurrency Namecoin Vs Dnschain