describe subjects of the cryptocurrency world…Namecoin Wallet Restore. using examples stories and examples so that you can quickly comprehend them in this video we are going to be discussing what unstoppable domains is how they might be much better than ens and what that implies for individuals getting into the complex crypto area before we in fact get to understanding the power of unstoppable domains the first thing we’ll need to do is understand dns here at white boards crypto we love utilizing examples so that’s precisely what we’re going to be utilizing to assist you understand dns so dns means domain service which is an expensive method of saying that it is a handy service which allows us people to key in human readable addresses into the search bar and then it will instantly turn them into device legible addresses so the majority 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 elsewhere and not simply shout it into the abyss that is the web when you enter google.com and you struck enter your computer system 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 then gets a plan back to send to you now the plan is then unpacked by your computer system to show you the totality of the google.com web page using complex mathematics and software all of this
communication occurs behind the scenes however to you it’s basic and easy to use in fact if we had to key in 8.8.8.8 into the url bar instead of google.com a lot more individuals would be confused 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 exact same thing that i just mentioned except 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 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 hard work on this video and the past hundred that we have actually been really hard at work developing but anyways if you’re not utilized to comprehending crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d have to share
Existing 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 type of blockchain based domain name you can move it to wherever you want whatever wallet you want with ease all right so now let’s delve into my laptop computer and enter the tutorial area of the video where i want to reveal you unstoppable domain names how to get a domain how to establish a specific wallet so you can connect the domain that you bought to your wallet and so on so you can truly comprehend how to correctly use unstoppable domain so let’s begin welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get going with this website is really simple you just come here and after that you type in the domain that you desire right here and then click on search now i desire just wish to discuss that they do have particular cost points for the number of characters are in the domain name that you want 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 instance if i was come here and i enter my surname 2 400 uh i think i’ll pass however anyways let me proceed and just add this to cart for presentation functions we’ll go to the carts and that’s it okay 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 really like i like that it’s versatile i like it’s that it’s not one of those odd crypto websites where you need to pay in cryptocurrency or you have to buy unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you want to utilize fine which’s it therefore as soon as 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 reason why you ‘d want to go through the procedure and in fact 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 want to go sell it on some kind of like nft marketplace you can go ahead and do that fine so similar to when you buy any type of cryptocurrency from an exchange like uh coinbase for example 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 understand it’s like a hot wallet i think you understand this is you you have not claimed it yet so it’s an iou that you own this therefore i simply wish to briefly reference at the time of this video that there are a few ways to declare your domain the very first method is that you have to buy a claim with credits fee so that costs uh at this time 40 per domain and so that’s spends for the gas fees you’re like what are gas charges look this the ethereum network you in fact need to pay uh to move things on and off by means of gas charges number two is you can pay the gas charges 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 until august so then they’ll have a scaling option that makes it simple to claim however anyways to get going is really basic so we go here state if i want to declare this one make a website.crypto we’ll declare with ethereum right there claim procedure started so now we need to send out the code by e-mail 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 fantastic 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 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 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 begin with metamask is easy meta mask there we go all right so we click on this link then we wish to download it now click that install metamask for chrome alright and let’s proceed and contribute to chrome add extension and there we go alright so now the metamask app is set up on our browser so we just click on get going we are new to metamask so here is where you need to establish a wallet a wallet is what you do with your cryptocurrency Namecoin Wallet Restore