discuss subjects of the cryptocurrency world…Who Trades Namecoins. using analogies 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 better than ens and what that means for people entering into the complex crypto area prior to we in fact get to comprehending the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we enjoy using examples so that’s exactly what we’re going to be using to help you understand dns so dns represents domain name service which is a fancy way of saying that it is an useful service which allows us people to enter human legible addresses into the search bar and after that it will immediately turn them into machine understandable addresses so most of you are most likely familiar with ip addresses and those are precisely how a computer at one end of the web knows how to talk specifically to another computer somewhere else and not just shout it into the void that is the web when you type in google.com and you struck enter your computer sends out a message to your internet service provider saying yo where’s google the internet service provider learns and goes to where google is tells them that you are looking for them and after that gets a package back to send to you now the plan is then unpacked by your computer to reveal you the whole of the google.com web page utilizing complex math and software all of this
communication occurs behind the scenes but to you it’s basic and easy to use 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 internet because it makes good sense to us so that’s basically 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 basically the very same thing that i simply pointed out other than it’s for ethereum ens stands for ethereum name service and basically lets me inform 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 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 truly hard at work developing however anyways if you’re not utilized to comprehending crypto the option to sharing white boards crypto.eth with someone 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 and so on uh when you have a dot crypto dot zill any kind of blockchain based domain you can move it to wherever you desire whatever wallet you want with ease fine so now let’s jump into my laptop computer and get into the guide area of the video where i want to reveal you unstoppable domain names how to get a domain name how to establish a particular wallet so you can attach the domain that you purchased to your wallet and so on so you can really comprehend how to appropriately use unstoppable domain so let’s get going welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get started with this website is extremely basic you simply come here and after that you type in the domain name that you desire right here and then click search now i want just want to point out that they do have specific rate points for how many characters remain in the domain that you wish to get so something over 8 characters will be 40 the smaller the domain name the more expensive it’s going to be so for example if i was come here and i type in my surname 2 400 uh i think i’ll pass however anyways let me proceed and simply add this to haul for presentation purposes we’ll go to the carts which’s it alright and
then you click on here checkout and that’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 sites where you have 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 therefore as soon as you’re all set then you’ll have your my domain name list in your account therefore 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 that you ‘d want to go through the process and in fact claim uh your domain addresses since one then you really own it then two you can do whatever you want with it if you wish to go sell it on some kind of like nft marketplace you can go ahead and do that alright so similar to when you buy any kind of cryptocurrency from an exchange like uh coinbase for example what it is is just 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 understand it resembles a hot wallet i think you know this is you you haven’t claimed it yet so it’s an iou that you own this therefore i simply wish to briefly reference at the time of this video that there are a couple of methods to declare your domain the very first way is that you need to acquire a claim with credits cost so that expenses 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 in fact have to pay uh to move things on and off via gas costs second is you can pay the gas fees 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 up until august so then they’ll have a scaling option that makes it easy to claim however anyways to start is really simple 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 the code by e-mail so click that therefore right over here we’ll leap over here and wait on 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 right click copy paste there we go boom put that in okay fantastic 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 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 simply going to utilize metamask so to get start with metamask is simple meta mask there we go fine so we click on this link then we want to download it now click on that install metamask for chrome all right and let’s go ahead and add to chrome include extension and there we go okay so now the metamask app is installed on our browser so we simply click on get started 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 Who Trades Namecoins