discuss subjects of the cryptocurrency world…Where To Store Namecoin?. utilizing analogies stories and examples so that you can easily comprehend them in this video we are going to be explaining what unstoppable domains is how they might be better than ens and what that suggests for people entering into the complicated crypto area prior to we actually get to understanding the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at white boards crypto we love utilizing examples so that’s precisely what we’re going to be utilizing to assist you comprehend dns so dns means domain name service which is a fancy method of stating that it is a valuable service which permits us human beings to enter human understandable addresses into the search bar and after that it will automatically turn them into device readable addresses so the majority of you are probably knowledgeable about ip addresses and those are precisely how a computer system at one end of the web understands how to talk particularly to another computer system elsewhere and not just shout it into the abyss that is the web when you key 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 discovers and goes to where google is tells them that you are looking for them and then gets a plan back to send out to you now the plan is then unpacked by your computer system to reveal you the totality of the google.com web page using complex math and software application all of this
communication occurs behind the scenes however to you it’s easy and user friendly in fact if we needed to key in 188.8.131.52 into the url bar instead of google.com a lot more individuals would be puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and webs due to the fact that it makes 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 basically the exact same thing that i simply mentioned except it’s for ethereum ens stands for ethereum name service and practically 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 don’t have 20 and you wish to support the channel feel free 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 really hard at work producing however anyways if you’re not utilized to comprehending crypto the alternative to sharing white boards crypto.eth with someone is i ‘d need to share
Present domain name register to launch 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 you can move it to anywhere you desire whatever wallet you desire with ease all right so now let’s delve into my laptop and enter the guide area of the video where i wish to reveal you unstoppable domain names how to get a domain how to establish a particular wallet so you can connect the domain that you bought to your wallet etc so you can really understand how to appropriately utilize unstoppable domain so let’s begin welcome to my laptop computer let’s start so this is unstoppable domains.com now to get started with this website is very basic you simply come here and after that you enter the domain that you want right here and then click search now i want just wish to mention that they do have specific price points for the number of characters remain in the domain 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 instance if i was come here and i type in my last name 2 400 uh i think i’ll pass however anyways let me go ahead and simply add this to haul for presentation functions we’ll go to the carts and that’s it fine and
then you click 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 really like i like that it’s flexible i like it’s that it’s not one of those weird crypto websites 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 wish to use alright which’s it therefore 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 website dot crypto and that’s it how to claim your crypto domain address now the reason why you ‘d want to go through the procedure and really claim 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 kind of like nft market you can go on and do that all right so much like 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 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’s like a hot wallet i think you know this is you you have not claimed 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 couple of ways to declare your domain the first way is that you have to buy a claim with credits charge so that costs uh at this time 40 per domain therefore that’s pays for the gas fees you resemble what are gas charges look this the ethereum network you in fact have to pay uh to move things on and off via gas costs number two is you can pay the gas fees directly 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 simply wait till august so then they’ll have a scaling service that makes it simple to claim however anyways to begin is very easy so we go here state if i want to declare this one make a website.crypto we’ll claim with ethereum right there declare procedure began so now we have to send out the code by email so click that and so 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 okay terrific now you resemble 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 few different wallets that they advise 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 use metamask so to get going with metamask is simple meta mask there we go all right so we click on this link then we want to download it now click that install metamask for chrome fine and let’s go ahead and contribute to chrome add extension and there we go okay so now the metamask app is set up on our browser so we just click begin we are brand-new to metamask so here is where you need to establish a wallet a wallet is what you finish with your cryptocurrency Where To Store Namecoin?