discuss subjects of the cryptocurrency world…Unstoppable Domains On Ledger. utilizing analogies stories and examples so that you can easily 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 implies for people entering into the complicated crypto area before we in fact get to comprehending the power of unstoppable domains the first thing we’ll need to do is understand dns here at whiteboard crypto we like using examples so that’s exactly what we’re going to be using to assist you comprehend dns so dns means domain name service which is an elegant way of saying that it is a practical service which enables us humans to enter 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 most likely familiar with ip addresses and those are precisely how a computer system at one end of the internet knows how to talk specifically to another computer system somewhere else and not just scream it into the void that is the web when you key in google.com and you struck enter your computer sends a message to your internet service provider stating yo where’s google the internet service provider learns and goes to where google is tells them that you are trying to find them and after that gets a plan back to send out to you now the plan is then unpacked by your computer system to reveal you the whole of the google.com web page utilizing complex mathematics and software application all of this
interaction happens behind the scenes however to you it’s basic and user friendly 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 puzzled right we do not 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 humans 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 stands for 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 do not have 20 and you want 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’ve been truly hard at work producing however anyways if you’re not used to understanding crypto the alternative to sharing white boards crypto.eth with somebody is i ‘d need to share
Current domain name 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 wherever you want whatever wallet you want with ease all right so now let’s delve into my laptop computer and enter the guide area of the video where i want to reveal you unstoppable domain how to get a domain how to establish a particular wallet so you can connect the domain name that you bought to your wallet etc so you can truly understand how to effectively utilize unstoppable domain names so let’s get going welcome to my laptop computer let’s begin so this is unstoppable domains.com now to start with this site is very basic you simply come here and after that you type in the domain that you desire right here and after that click on search now i desire just wish to point out that they do have specific cost points for how many 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 pricey it’s going to be so for example if i was come here and i enter my last name 2 400 uh i believe i’ll pass but anyways let me go on and simply add this to haul for demonstration functions we’ll go to the carts which’s it alright 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 truly like i like that it’s versatile i like it’s that it’s not one of those odd crypto sites where you need 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 use all right which’s it and so as soon as you’re all set then you’ll have your my domain list in your account and so we have right down there so i own my name dot crypto and make a site dot crypto which’s it how to declare your crypto domain address now the reason you ‘d want to go through the process and really declare uh your domain addresses because one then you in fact own it then 2 you can do whatever you want with it if you want to go offer it on some kind of like nft marketplace you can go ahead and do that all right so much like when you purchase any kind of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou till 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’s like 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 and so i just 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 need to purchase a claim with credits cost so that expenses uh at this time 40 per domain name therefore that’s spends for the gas fees you’re like what are gas fees look this the ethereum network you actually need to pay uh to move things on and off through gas costs second is you can pay the gas costs directly 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 until august so then they’ll have a scaling solution that makes it easy to claim but anyways to start is really simple so we go here state if i want 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 email 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 best click copy paste there we go boom put that in fine terrific now you’re like whoa what do i do choose 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 few different wallets that they advise 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 easy meta mask there we go fine so we click on this link then we want to download it now click on that set up metamask for chrome alright and let’s proceed and add to chrome include extension and there we go all right so now the metamask app is installed on our internet browser so we simply click begin we are new to metamask so here is where you need to set up a wallet a wallet is what you finish with your cryptocurrency Unstoppable Domains On Ledger