explain subjects of the cryptocurrency world…Unstoppable Domains Worth It. utilizing analogies stories and examples so that you can quickly comprehend them in this video we are going to be describing what unstoppable domains is how they might be better than ens and what that indicates for individuals entering into the complex crypto space prior to 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 utilizing examples so that’s precisely what we’re going to be utilizing to assist you understand dns so dns stands for domain name service which is an expensive way of stating that it is a practical service which permits us people to type in human readable addresses into the search bar and after that it will instantly turn them into maker readable 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 specifically to another computer system elsewhere and not just shout 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 then grabs a plan back to send out to you now the plan is then unpacked by your computer system to reveal you the entirety of the google.com home page using complicated mathematics and software application all of this
interaction occurs behind the scenes but to you it’s simple 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 people 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 sense to us so that’s essentially 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 mentioned other than it’s for ethereum ens means ethereum name service and basically lets me tell 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 do not have 20 and you wish to support the channel feel free to leave a like below it’s free and it rewards all our effort on this video and the past hundred that we’ve been really hard at work producing however anyways if you’re not utilized to understanding crypto the option to sharing white boards crypto.eth with somebody is i ‘d have to share
Existing domain register to release domain or in order to move it over to this other domain 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 want whatever wallet you want with ease alright so now let’s delve into my laptop and enter the guide section of the video where i wish to show you unstoppable domain how to get a domain how to set up a particular wallet so you can connect the domain name that you bought to your wallet and so on so you can actually understand how to effectively use unstoppable domain so let’s start welcome to my laptop computer let’s start so this is unstoppable domains.com now to start with this site is really basic you simply come here and then you key in the domain that you desire right here and then click search now i want simply want to mention that they do have specific cost 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 sized the domain name the more pricey it’s going to be so for instance if i was come here and i enter my surname 2 400 uh i believe i’ll pass however anyways let me go ahead and just add this to cart for presentation functions we’ll go to the carts and that’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 actually like i like that it’s flexible i like it’s that it’s not one of those unusual crypto websites 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 gateway you want to use fine which’s it and so once 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 website dot crypto which’s it how to declare your crypto domain address now the reason why you ‘d wish to go through the procedure and really claim uh your domain addresses since one then you really own it then 2 you can do whatever you want with it if you want to go sell it on some kind of like nft marketplace you can go on and do that fine so much like when you purchase any type of cryptocurrency from an exchange like uh coinbase for instance what it is is simply an iou it’s an iou up 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 know this is you you have not declared it yet so it’s an iou that you own this therefore i just wish to briefly reference at the time of this video that there are a couple of ways to declare your domain the very first method is that you need to purchase a claim with credits fee so that costs uh at this time 40 per domain and so that’s pays for the gas charges you resemble what are gas charges look this the ethereum network you actually need to pay uh to move things on and off through gas charges number two is you can pay the gas charges 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 simply wait until august so then they’ll have a scaling option that makes it easy to claim however anyways to get going is very simple so we go here say if i wish to claim this one make a website.crypto we’ll claim with ethereum right there declare procedure began so now we need to send the code by e-mail so click that therefore right over here we’ll leap over here and await 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 best click copy paste there we go boom put that in fine great 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 specifically for ethereum now there are a couple of 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 simply going to utilize metamask so to begin with metamask is simple meta mask there we go okay so we click here then we wish to download it now click on that install metamask for chrome fine and let’s go ahead and contribute to chrome include extension and there we go all right so now the metamask app is installed on our internet browser so we just click on start we are brand-new to metamask so here is where you need to set up a wallet a wallet is what you do with your cryptocurrency Unstoppable Domains Worth It