describe subjects of the cryptocurrency world…Unstoppable Domains Is A Scam. using examples stories and examples so that you can quickly comprehend 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 people entering into the complicated crypto space before we really get to understanding the power of unstoppable domains the first thing we’ll require to do is understand dns here at white boards crypto we like utilizing examples so that’s precisely what we’re going to be using to assist you comprehend dns so dns means domain service which is a fancy way of stating that it is an useful service which allows us human beings to type in human understandable addresses into the search bar and after that it will instantly turn them into device understandable addresses so the majority of you are probably acquainted with ip addresses and those are precisely how a computer system at one end of the internet understands how to talk particularly to another computer system somewhere else and not simply scream it into the void that is the web when you type in google.com and you struck 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 after that grabs a bundle back to send out to you now the package 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 easy and user friendly in fact if we had to enter 8.8.8.8 into the url bar instead of google.com a lot more people would be puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and internet 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 simply pointed out other than it’s for ethereum ens stands for 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 don’t have 20 and you wish to support the channel feel free to leave a like below it’s complimentary and it rewards all our effort on this video and the past hundred that we have actually been really hard at work creating but anyways if you’re not utilized to comprehending crypto the alternative 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 etc uh when you have a dot crypto dot zill any kind of blockchain based domain name you can transfer it to wherever you desire whatever wallet you want with ease okay so now let’s delve into my laptop computer and get into the tutorial section of the video where i wish to show you unstoppable domain names how to get a domain name how to set up a particular wallet so you can connect the domain name that you bought to your wallet etc so you can truly comprehend how to correctly utilize 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 extremely simple you just come here and then you key in the domain that you want right here and after that click on search now i want just wish to point out that they do have particular rate points for the number of characters are in the domain that you wish to get so something over 8 characters will be 40 the smaller the domain the more costly it’s going to be so for instance if i was come here and i type in my surname 2 400 uh i believe i’ll pass but anyways let me go on and just add this to haul for demonstration functions we’ll go to the carts and that’s it all right and
then you click on 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 weird 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 wish to utilize alright and that’s it and so when 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 website dot crypto and that’s it how to declare your crypto domain address now the reason you ‘d want to go through the process and really claim uh your domain addresses due to the fact that one then you in fact own it then 2 you can do whatever you desire with it if you want to go offer it on some kind of like nft market you can go ahead and do that okay so similar to 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 actually 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 understand this is you you haven’t declared it yet so it’s an iou that you own this therefore i just wish to briefly mention at the time of this video that there are a few ways to claim your domain name the first method is that you need to buy a claim with credits charge so that expenses uh at this time 40 per domain therefore that’s spends for the gas fees you resemble what are gas fees look this the ethereum network you really have to pay uh to move things on and off through gas costs number two is you can pay the gas costs straight from your own wallet so if you already 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 but anyways to get going is very basic so we go here state if i wish to declare this one make a website.crypto we’ll declare with ethereum right there claim procedure began so now we have to send out the code by e-mail so click that therefore right over here we’ll jump over here and wait on 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 fine fantastic 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 few 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 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 begin with metamask is simple meta mask there we go alright so we click on this link then we want to download it now click on that set up metamask for chrome okay and let’s proceed and add to chrome include extension and there we go okay so now the metamask app is set up on our web browser so we just click begin we are new to metamask so here is where you have to establish a wallet a wallet is what you finish with your cryptocurrency Unstoppable Domains Is A Scam