describe topics of the cryptocurrency world…Polinex Namecoin. using analogies stories and examples so that you can quickly comprehend them in this video we are going to be describing what unstoppable domains is how they might be better than ens and what that implies for people entering into the complicated crypto area before we actually get to comprehending the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at white boards crypto we love utilizing examples so that’s precisely what we’re going to be using to help you understand dns so dns stands for domain service which is an elegant way of saying that it is a handy service which permits us humans to type in human understandable addresses into the search bar and after that it will instantly turn them into maker understandable addresses so the majority of you are probably knowledgeable about ip addresses and those are exactly how a computer at one end of the internet understands how to talk particularly to another computer system somewhere else and not just yell it into the abyss that is the web when you key 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 discovers and goes to where google is tells them that you are trying to find them and then gets a package back to send out to you now the bundle is then unpacked by your computer to reveal you the entirety of the google.com web page using complex math and software application all of this
interaction takes place behind the scenes however to you it’s easy and easy to use 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 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 good sense to us so that’s essentially 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 just discussed other than it’s for ethereum ens stands for ethereum name service and pretty much lets me inform 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 don’t have 20 and you wish to support the channel do not hesitate to leave a like below it’s totally free and it rewards all our effort on this video and the past hundred that we’ve been truly hard at work developing but anyways if you’re not utilized to comprehending crypto the option to sharing whiteboard crypto.eth with somebody is i ‘d need to share
Present 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 you can transfer it to any place 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 show you unstoppable domain names how to get a domain how to set up a particular wallet so you can connect the domain name that you purchased to your wallet etc so you can truly comprehend how to effectively utilize unstoppable domain names so let’s begin welcome to my laptop let’s start so this is unstoppable domains.com now to get started with this site is extremely simple you simply come here and then you key in the domain that you want right here and after that click search now i want simply want to point out that they do have particular cost points for the number of characters remain in the domain that you want to get so something over 8 characters will be 40 the smaller sized the domain the more pricey it’s going to be so for example if i was come here and i key in my surname 2 400 uh i think i’ll pass but anyways let me proceed and just add this to haul for demonstration purposes we’ll go to the carts which’s it fine and
then you click on 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 really like i like that it’s flexible i like it’s that it’s not one of those strange crypto sites where you have to pay in cryptocurrency or you have to purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment entrance you want to use okay which’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 claim your crypto domain address now the reason you ‘d wish to go through the process and really claim uh your domain addresses because 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 fine 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 until 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 resembles 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 and so i simply want to briefly mention 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 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 resemble what are gas costs look this the ethereum network you really need to pay uh to move things on and off via gas costs number two is you can pay the gas fees straight 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 service that makes it simple to claim however anyways to get going is really basic so we go here say if i wish to declare this one make a website.crypto we’ll declare with ethereum right there claim procedure began so now we need to send the code by e-mail so click that therefore right over here we’ll jump 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 fine great now you resemble whoa what do i do choose wallet for claiming 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 couple of various 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 get start with metamask is simple meta mask there we go okay so we click here then we wish to download it now click on that install metamask for chrome all right and let’s go ahead and add to chrome add extension and there we go all right so now the metamask app is installed on our web browser so we just click get started 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 Polinex Namecoin