describe subjects of the cryptocurrency world…New Crypto Domains. utilizing analogies 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 much better than ens and what that suggests for individuals getting 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 like using examples so that’s exactly what we’re going to be utilizing to help you comprehend dns so dns stands for domain service which is an expensive method of stating that it is an useful service which allows us humans to type in human legible addresses into the search bar and then it will immediately turn them into maker understandable addresses so most of you are probably acquainted with ip addresses and those are exactly how a computer at one end of the web understands how to talk specifically to another computer system elsewhere and not simply scream it into the abyss that is the web when you type in google.com and you hit enter your computer system sends out a message to your internet service provider saying yo where’s google the internet service provider learns and goes to where google is tells them that you are looking for them and then grabs a package back to send out to you now the bundle is then unpacked by your computer to show you the totality of the google.com home page using complex math and software all of this
communication occurs behind the scenes but to you it’s easy 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 individuals would be puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and webs due to the fact that it makes good 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 very same thing that i simply mentioned except 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 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 listed below it’s totally free and it rewards all our hard work on this video and the past hundred that we have actually been truly hard at work developing but anyways if you’re not used to comprehending crypto the alternative to sharing white boards crypto.eth with someone is i ‘d need to share
Current domain name 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 move it to any place you desire whatever wallet you desire with ease okay so now let’s delve into my laptop and enter the tutorial area of the video where i wish to reveal you unstoppable domain names how to get a domain how to set up a specific wallet so you can attach the domain that you purchased to your wallet etc so you can truly understand how to correctly use unstoppable domain names so let’s get going welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get started with this website is very basic you simply come here and after that you enter the domain that you want right here and after that click search now i desire simply wish to mention that they do have specific price points for how many characters are in the domain that you want 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 last name 2 400 uh i think i’ll pass but anyways let me go on and just include this to cart for demonstration functions we’ll go to the carts and that’s it okay 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 truly like i like that it’s versatile i like it’s that it’s not one of those unusual crypto sites where you need to pay in cryptocurrency or you have to buy unstoppable coin then exchange it or whatever no you can pay with however payment gateway you wish to utilize alright which’s it and so 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 which’s it how to declare your crypto domain address now the reason that you ‘d want to go through the process and actually claim uh your domain addresses since one then you really own it then two you can do whatever you want with it if you want to go sell it on some kind of like nft market you can proceed and do that all right so much like when you purchase any type of cryptocurrency from an exchange like uh coinbase for example what it is is just an iou it’s an iou 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’s like a hot wallet i think you know this is you you haven’t claimed it yet so it’s an iou that you own this and so i simply wish to briefly reference at the time of this video that there are a few methods to claim your domain name the first method is that you need to acquire a claim with credits fee so that expenses uh at this time 40 per domain name and so that’s spends for the gas fees you resemble what are gas fees look this the ethereum network you in fact have to pay uh to move things on and off by means of gas charges number two is you can pay the gas costs 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 up until august so then they’ll have a scaling service that makes it simple to claim however anyways to get going is very simple so we go here state if i wish to claim this one make a website.crypto we’ll claim with ethereum right there claim procedure began so now we need to send out the code by email so click that therefore 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 okay 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 few various wallets that they recommend 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 simply going to utilize metamask so to get start with metamask is easy meta mask there we go fine so we click on this link then we wish to download it now click on 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 internet browser so we simply click on start we are new to metamask so here is where you need to set up a wallet a wallet is what you do with your cryptocurrency New Crypto Domains