describe topics of the cryptocurrency world…Namecoin White Paper. using examples 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 indicates for individuals entering the complex crypto area prior to we really get to comprehending the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we like using examples so that’s exactly what we’re going to be using to assist you comprehend dns so dns stands for domain service which is a fancy method of stating that it is a practical service which enables us people to type in human understandable addresses into the search bar and after that it will immediately turn them into device understandable addresses so the majority of you are most likely familiar with ip addresses and those are exactly how a computer system at one end of the web understands how to talk specifically to another computer elsewhere and not just shout it into the abyss that is the web when you enter google.com and you hit enter your computer 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 looking for them and then gets a package back to send out to you now the bundle is then unpacked by your computer to show you the whole of the google.com web page utilizing complex math and software all of this
interaction happens behind the scenes however to you it’s simple and user friendly in fact if we had to key in 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 webs since 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 discussed other than it’s for ethereum ens means ethereum name service and pretty much lets me tell 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 want to support the channel do not hesitate 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 actually hard at work creating but anyways if you’re not used to understanding crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d have to share
Current domain register to launch 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 you can transfer it to wherever you want whatever wallet you want with ease alright so now let’s jump into my laptop and get into the guide section of the video where i want to reveal you unstoppable domain names how to get a domain name how to establish a specific wallet so you can connect the domain that you purchased to your wallet and so on so you can really comprehend how to properly utilize unstoppable domain names so let’s get going welcome to my laptop let’s start so this is unstoppable domains.com now to start with this site is very basic you just come here and after that you type in the domain name that you desire right here and then click on search now i want simply want to mention that they do have particular price points for the number of characters remain in the domain name that you want to get so something over 8 characters will be 40 the smaller the domain name the more expensive it’s going to be so for instance if i was come here and i type in my last name 2 400 uh i believe i’ll pass but anyways let me go on and just add this to cart for presentation purposes we’ll go to the carts and that’s it okay and
then you click here checkout which’s it therefore you can pay with a credit card paypal crypto or you can pay with the crypto.com app and i actually like i like that it’s flexible 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 wish to utilize all right and that’s it and so as soon as 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 claim your crypto domain address now the reason why you ‘d wish to go through the procedure and actually declare uh your domain addresses since one then you actually own it then 2 you can do whatever you desire with it if you want to go offer it on some type of like nft market you can go ahead and do that okay so just like when you purchase any type of cryptocurrency from an exchange like uh coinbase for instance what it is is simply an iou it’s an iou until 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’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 simply wish to briefly reference at the time of this video that there are a few methods to declare your domain name the first method is that you need to acquire a claim with credits cost so that expenses uh at this time 40 per domain therefore that’s spends for the gas charges you’re like what are gas charges look this the ethereum network you really need to pay uh to move things on and off through gas charges second 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 just wait till august so then they’ll have a scaling solution that makes it simple to claim but anyways to begin is very simple so we go here say if i want to claim this one make a website.crypto we’ll claim with ethereum right there claim procedure started so now we need to send out the code by email so click that therefore right over here we’ll jump over here and wait on 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 best click copy paste there we go boom put that in all right fantastic now you resemble whoa what do i do pick 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 advise so for desktop there’s meta mask for mobile you can
utilize 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 start with metamask is easy meta mask there we go okay so we click here then we wish to download it now click that set up metamask for chrome fine and let’s proceed and add to chrome add extension and there we go fine so now the metamask app is installed on our internet browser so we simply click get going we are new to metamask so here is where you need to establish a wallet a wallet is what you make with your cryptocurrency Namecoin White Paper