explain topics of the cryptocurrency world…Unstoppable Domains Ledger. 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 better than ens and what that means for people entering the complex crypto area before we actually get to understanding the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at whiteboard crypto we love utilizing examples so that’s exactly what we’re going to be utilizing to assist you understand dns so dns stands for domain service which is an expensive method of stating that it is a valuable service which allows us people to key in human understandable addresses into the search bar and then it will automatically turn them into device legible 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 web knows how to talk specifically to another computer elsewhere and not just shriek it into the abyss that is the web when you key in google.com and you hit enter your computer 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 searching for them and after that gets a package back to send out to you now the package is then unpacked by your computer system to show you the totality of the google.com web page utilizing complex math and software all of this
communication happens behind the scenes but to you it’s simple and easy to use in fact if we needed to key in 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 internet since 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 basically the exact same thing that i simply pointed out 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 desire by the way if you don’t have 20 and you wish to support the channel do not hesitate to leave a like listed below it’s complimentary and it rewards all our hard work on this video and the past hundred that we have actually been actually hard at work developing but anyways if you’re not used to comprehending crypto the option to sharing whiteboard crypto.eth with somebody is i ‘d need 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 transfer it to any place you desire whatever wallet you desire with ease alright so now let’s jump into my laptop and get into the tutorial section of the video where i want to show you unstoppable domain how to get a domain name how to set up a particular wallet so you can connect the domain that you bought to your wallet etc so you can actually understand how to appropriately use unstoppable domain so let’s begin welcome to my laptop computer let’s begin so this is unstoppable domains.com now to start with this site is extremely simple you just come here and then you key in the domain that you desire right here and after that click search now i want simply want to point out that they do have specific rate 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 name the more pricey it’s going to be so for instance if i was come here and i key in my surname 2 400 uh i believe i’ll pass but anyways let me go ahead and simply include this to cart for presentation functions we’ll go to the carts which’s it okay and
You click on here checkout and that’s it and so 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 versatile i like it’s that it’s not one of those weird 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 however payment gateway you desire to utilize all right 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 site dot crypto and that’s it how to declare your crypto domain address now the reason why you ‘d desire to go through the procedure and actually declare 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 offer it on some type of like nft market you can go ahead and do that fine so just 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 actually move the cryptocurrency from coinbase to your own wallet this is the very 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 declared it yet so it’s an iou that you own this and so i just desire to briefly mention at the time of this video that there are a couple of methods to declare your domain name the first method is that you have to buy a claim with credits fee so that expenses uh at this time 40 per domain name and so that’s pays for the gas charges you’re like what are gas costs look this the ethereum network you in fact have to pay uh to move things on and off by means of gas costs number two is you can pay the gas costs directly 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 simply wait up until august so then they’ll have a scaling option that makes it easy to claim but anyways to get begun is really basic so we go here say if i want to declare this one make a website.crypto we’ll claim with ethereum right there claim procedure started so now we have to send out the code by e-mail 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 all right great now you’re like 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 particularly 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 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 going with metamask is simple meta mask there we go fine so we click here then we wish to download it now click that install metamask for chrome okay and let’s go on and add to chrome add extension and there we go okay so now the metamask app is set up on our internet browser so we just click on begin we are new to metamask so here is where you have to set up a wallet a wallet is what you finish with your cryptocurrency Unstoppable Domains Ledger