discuss subjects of the cryptocurrency world…Unstoppable Domains Xrp. using examples stories and examples so that you can quickly understand 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 getting into the complex crypto area prior to we actually get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we love using examples so that’s precisely what we’re going to be utilizing to help you comprehend dns so dns stands for domain name service which is an expensive way of stating that it is a handy service which permits us people to key in human understandable addresses into the search bar and after that it will instantly turn them into machine understandable addresses so most of you are most likely familiar with ip addresses and those are exactly how a computer system at one end of the web understands how to talk specifically to another computer somewhere else and not just shriek it into the abyss that is the web when you type in google.com and you hit enter your computer sends out a message to your internet service provider stating yo where’s google the internet service provider discovers and goes to where google is tells them that you are looking for them and then grabs a plan back to send out to you now the plan is then unpacked by your computer to show you the whole of the google.com home page utilizing complex mathematics and software all of this
communication takes place behind the scenes but to you it’s easy and user friendly in fact if we needed to type in 8.8.8.8 into the url bar instead of google.com a lot more people would be confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and internet because it makes good sense to us so that’s basically 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 same thing that i simply discussed except it’s for ethereum ens represents ethereum name service and practically lets me tell you that whiteboardcrypto.eth is my wallet address so you can merely type that in and pay me 20 if you want by the way if you do not have 20 and you want to support the channel feel free to leave a like listed below it’s free 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 alternative 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 and so on uh when you have a dot crypto dot zill any type of blockchain based domain name you can move it to any place you desire whatever wallet you desire with ease okay so now let’s delve into my laptop computer and get into the tutorial area of the video where i want to show you unstoppable domain how to get a domain how to set up a specific wallet so you can attach the domain that you purchased to your wallet and so on so you can truly comprehend how to correctly utilize unstoppable domain names so let’s start welcome to my laptop computer let’s start so this is unstoppable domains.com now to get started with this site is extremely simple you simply come here and then you key in the domain that you desire right here and then click on search now i desire simply want to discuss that they do have particular cost 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 costly 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 however anyways let me go ahead and simply add this to cart for presentation purposes we’ll go to the carts and that’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 actually like i like that it’s flexible i like it’s that it’s not one of those unusual crypto sites where you need to pay in cryptocurrency or you need to purchase unstoppable coin then exchange it or whatever no you can pay with however payment gateway you want to use alright which’s it therefore 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 website dot crypto which’s it how to claim your crypto domain address now the reason you ‘d want to go through the procedure and actually declare uh your domain addresses since one then you actually own it then two you can do whatever you want with it if you want to go sell it on some type of like nft marketplace you can go on and do that okay so similar to when you buy any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is simply 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 understand it’s like a hot wallet i think you understand this is you you haven’t declared it yet so it’s an iou that you own this therefore i just want to briefly reference at the time of this video that there are a few ways to claim your domain name the very first method is that you need to acquire a claim with credits charge 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 charges look this the ethereum network you really have to pay uh to move things on and off via gas fees second is you can pay the gas fees 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 service that makes it simple to claim however anyways to begin is extremely easy so we go here say if i wish to declare this one make a website.crypto we’ll declare with ethereum right there declare process 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 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 ideal click copy paste there we go boom put that in all right 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 few various wallets that they recommend 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 use metamask so to begin 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 okay and let’s proceed and add to chrome include extension and there we go alright so now the metamask app is set up on our browser so we just click on begin we are brand-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 Xrp