describe subjects of the cryptocurrency world…Tokenization Domain Names Crypto. utilizing examples 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 much better than ens and what that suggests for individuals entering the complex crypto area before we really 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 like using examples so that’s precisely what we’re going to be using to help you comprehend dns so dns represents domain service which is an elegant method of saying that it is a handy service which allows us people to type in human readable addresses into the search bar and after that it will immediately turn them into machine understandable addresses so most of you are probably acquainted with ip addresses and those are exactly how a computer at one end of the internet understands how to talk specifically to another computer system somewhere else and not simply yell it into the abyss that is the web when you enter google.com and you struck enter your computer sends out a message to your internet service provider stating 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 plan back to send out to you now the plan is then unpacked by your computer system to reveal you the entirety of the google.com home page using complicated math and software application all of this
interaction occurs behind the scenes however to you it’s simple and user friendly in fact if we needed 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 webs because 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 exact same thing that i simply pointed out 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 do not have 20 and you wish 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 really hard at work developing 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 release domain or in order to move it over to this other domain name register etc uh when you have a dot crypto dot zill any kind of blockchain based domain name you can move it to any place you want whatever wallet you want with ease fine so now let’s jump into my laptop computer and enter into the guide area of the video where i want to show you unstoppable domain how to get a domain name how to establish a specific wallet so you can attach the domain name that you purchased to your wallet and so on so you can truly understand how to appropriately utilize unstoppable domain so let’s get going welcome to my laptop computer let’s start so this is unstoppable domains.com now to begin with this website is really easy you just come here and after that you key in the domain that you desire right here and after that click search now i desire just wish to mention that they do have specific cost points for how many characters remain in the domain name that you want to get so something over 8 characters will be 40 the smaller sized the domain 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 however anyways let me proceed and simply add this to haul for presentation functions we’ll go to the carts which’s it okay and
then you click on here checkout and that’s it therefore you can pay with a charge 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 have to pay in cryptocurrency or you need to buy unstoppable coin then exchange it or whatever no you can pay with nevertheless payment entrance 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 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 why you ‘d want to go through the process and in fact claim uh your domain addresses due to the fact that one then you really own it then 2 you can do whatever you want with it if you wish to go sell it on some type of like nft marketplace you can go ahead and do that all right so much like when you buy any type of cryptocurrency from an exchange like uh coinbase for example what it is is just 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 resembles a hot wallet i guess you know this is you you have not declared 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 claim your domain the very first method is that you need to buy a claim with credits charge so that costs uh at this time 40 per domain and so that’s spends for the gas fees you resemble what are gas charges look this the ethereum network you really have to pay uh to move things on and off by means of gas fees second is you can pay the gas fees directly 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 till august so then they’ll have a scaling service that makes it simple to claim but anyways to get going is very basic so we go here say if i wish to claim this one make a website.crypto we’ll claim with ethereum right there claim process began so now we have to send out the code by email so click that and so 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 just highlight that ideal click copy paste there we go boom put that in alright excellent now you’re like 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 few different wallets that they suggest 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 using 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 going 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 set up metamask for chrome okay and let’s go on and add to chrome include extension and there we go all right so now the metamask app is set up on our internet browser so we just click get going we are brand-new to metamask so here is where you have to set up a wallet a wallet is what you do with your cryptocurrency Tokenization Domain Names Crypto