discuss subjects of the cryptocurrency world…Unstoppable Domains With Ledger. using examples stories and examples so that you can easily understand 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 area before we in fact get to comprehending the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at whiteboard crypto we love using examples so that’s exactly what we’re going to be utilizing to help you comprehend dns so dns stands for domain name service which is a fancy way of saying that it is a handy service which enables us people to key in human legible addresses into the search bar and after that it will instantly turn them into machine readable addresses so the majority of you are probably knowledgeable about ip addresses and those are exactly how a computer system at one end of the web knows how to talk specifically to another computer somewhere else and not simply scream it into the void that is the web when you type in google.com and you hit enter your computer sends 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 after that gets a package back to send out to you now the package is then unpacked by your computer system to reveal you the totality of the google.com home page utilizing complicated math and software all of this
interaction occurs behind the scenes however to you it’s basic and user friendly in fact if we needed to enter 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 nets since it makes good 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 simply discussed other than it’s for ethereum ens represents ethereum name service and pretty much lets me tell you that whiteboardcrypto.eth is my wallet address so you can simply type that in and pay me 20 if you desire by the way if you do not have 20 and you wish to support the channel feel free to leave a like below it’s totally free and it rewards all our effort on this video and the past hundred that we have actually been really hard at work producing but anyways if you’re not used to comprehending crypto the option to sharing white boards crypto.eth with someone is i ‘d need to share
Present domain name register to release domain or in order to move it over to this other domain name register and so on uh when you have a dot crypto dot zill any type of blockchain based domain you can move it to wherever you desire whatever wallet you desire with ease all right so now let’s delve into my laptop and get into the guide area of the video where i wish to reveal you unstoppable domain how to get a domain how to set up a particular wallet so you can connect the domain name that you purchased to your wallet etc so you can truly understand how to properly use unstoppable domain so let’s start welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get started with this site is really simple you simply come here and then you key in the domain name that you desire right here and after that click search now i desire simply wish to point out that they do have specific rate 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 instance if i was come here and i key in my last name 2 400 uh i believe i’ll pass however anyways let me proceed and just add this to haul for demonstration purposes we’ll go to the carts which’s it okay and
then you click here checkout which’s it and so you can pay with a charge 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 unusual 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 use all right which’s it therefore as soon as you’re all set then you’ll have your my domain list in your account therefore 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 wish to go through the procedure and in fact 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 wish to go offer it on some type of like nft marketplace you can go on 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 really move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you understand it resembles a hot wallet i guess you understand this is you you haven’t claimed 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 couple of methods to claim your domain name the very first method is that you have to buy a claim with credits cost so that costs uh at this time 40 per domain name therefore that’s spends for the gas costs you’re like what are gas charges look this the ethereum network you really need to pay uh to move things on and off through gas fees number two is you can pay the gas costs straight 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 up until august so then they’ll have a scaling option that makes it easy to claim however anyways to get started is really basic so we go here say if i want to claim this one make a website.crypto we’ll declare with ethereum right there claim procedure began so now we need to send out the code by email so click that therefore right over here we’ll leap over here and await 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 ideal click copy paste there we go boom put that in fine 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 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 all right so we click here then we want to download it now click on that set up metamask for chrome fine 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 on get started we are brand-new to metamask so here is where you need to establish a wallet a wallet is what you do with your cryptocurrency Unstoppable Domains With Ledger