explain subjects of the cryptocurrency world…Unstoppable Domains Funding. utilizing examples stories and examples so that you can easily understand 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 getting into the complex crypto area before we actually get to understanding the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we like utilizing examples so that’s exactly what we’re going to be utilizing to assist you understand dns so dns represents domain name service which is an elegant method of saying that it is an useful service which permits us people to enter human legible addresses into the search bar and then it will instantly turn them into machine legible addresses so the majority of you are probably knowledgeable about ip addresses and those are exactly how a computer at one end of the web understands how to talk particularly to another computer somewhere else and not simply shriek it into the abyss that is the web when you enter google.com and you hit enter your computer system 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 after that gets a package back to send out to you now the package is then unpacked by your computer to reveal you the entirety of the google.com web page using complex math and software all of this
communication occurs behind the scenes but to you it’s basic 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 internet because it makes sense to us so that’s essentially what a dns is a translator for people 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 except it’s for ethereum ens represents ethereum name service and basically lets me tell you that whiteboardcrypto.eth is my wallet address so you can merely type that in and pay me 20 if you want by the way if you do not have 20 and you want to support the channel feel free to leave a like listed below it’s complimentary and it rewards all our effort 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 whiteboard crypto.eth with someone is i ‘d have to share
Existing domain name register to release domain name or in order to move it over to this other domain register etc 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 want with ease okay so now let’s jump into my laptop computer and enter into the guide section of the video where i want to show you unstoppable domain names how to get a domain name how to establish a specific wallet so you can attach the domain that you bought to your wallet and so on so you can truly understand how to appropriately use unstoppable domain names so let’s begin welcome to my laptop let’s start so this is unstoppable domains.com now to start with this website is really simple you simply come here and after that you type in the domain that you desire right here and then click on search now i desire simply want to discuss that they do have specific 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 the domain the more expensive it’s going to be so for example if i was come here and i key in my surname 2 400 uh i believe i’ll pass but anyways let me go on and simply add this to cart for presentation functions we’ll go to the carts which’s it all right 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 really like i like that it’s flexible i like it’s that it’s not one of those odd crypto sites where you have to pay in cryptocurrency or you have to buy unstoppable coin then exchange it or whatever no you can pay with nevertheless payment entrance you wish to utilize okay and that’s it therefore when 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 site dot crypto and that’s it how to declare your crypto domain address now the reason why you ‘d wish to go through the process and actually declare uh your domain addresses because one then you actually own it then two you can do whatever you want with it if you wish to go offer it on some kind of like nft market you can proceed and do that fine so much like when you purchase 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 actually 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 and so i just want to briefly mention at the time of this video that there are a couple of ways to claim your domain name the very first way is that you need to purchase a claim with credits cost so that expenses uh at this time 40 per domain name and so that’s spends for the gas costs you resemble what are gas costs look this the ethereum network you really have to pay uh to move things on and off through gas charges number two is you can pay the gas costs straight from your own wallet so if you currently 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 easy to claim but anyways to start is very basic so we go here say if i want to declare this one make a website.crypto we’ll claim with ethereum right there declare process started so now we have to send out the code by email so click that therefore right over here we’ll leap 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 simply highlight that right click copy paste there we go boom put that in alright great 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 specifically for ethereum now there are a couple of 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 using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re just going to use metamask so to start with metamask is simple meta mask there we go all right so we click on this link then we want to download it now click on that install metamask for chrome fine and let’s proceed and add to chrome add extension and there we go all right so now the metamask app is set up on our web 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 make with your cryptocurrency Unstoppable Domains Funding