describe subjects of the cryptocurrency world…Why Are .Io Domains Popular With Cryptocurrency. using examples stories and examples so that you can easily understand 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 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 enjoy utilizing examples so that’s precisely what we’re going to be utilizing to help you comprehend dns so dns means domain service which is an expensive way of stating that it is a handy service which allows us humans to key in human readable addresses into the search bar and after that it will immediately turn them into device understandable addresses so most of you are most likely acquainted with ip addresses and those are precisely how a computer at one end of the internet knows how to talk particularly to another computer system somewhere else and not just shout it into the abyss that is the web when you type in google.com and you struck enter your computer system 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 after that grabs a bundle back to send out to you now the bundle is then unpacked by your computer system to reveal you the entirety of the google.com web page using complicated math and software application all of this
communication happens behind the scenes however to you it’s basic and easy to use in fact if we had to key 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 webs since 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 basically the exact same thing that i just mentioned except 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 want 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 totally free and it rewards all our effort on this video and the past hundred that we’ve been truly hard at work creating but anyways if you’re not used to understanding crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d have to share
Present domain name 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 transfer it to anywhere you desire whatever wallet you desire with ease all right so now let’s jump into my laptop computer and enter into the guide section of the video where i want to show you unstoppable domain how to get a domain how to establish a specific wallet so you can connect the domain name that you purchased to your wallet and so on so you can truly comprehend how to correctly utilize unstoppable domain names so let’s get going welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get going with this site is really simple you just come here and then you type in the domain that you want right here and then click on search now i desire just want to point out that they do have particular rate 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 the domain 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 but anyways let me proceed and simply include this to haul for demonstration functions we’ll go to the carts which’s it all right and
You click on 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 versatile i like it’s that it’s not one of those unusual crypto websites where you have to pay in cryptocurrency or you have to purchase unstoppable coin then exchange it or whatever no you can pay with however payment entrance you desire to utilize fine and that’s it and so 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 site dot crypto and that’s it how to declare your crypto domain address now the reason why you ‘d desire to go through the process and in fact declare uh your domain addresses because one then you really own it then 2 you can do whatever you want with it if you desire to go sell it on some type of like nft market you can go ahead and do that okay so simply like when you purchase any type of cryptocurrency from an exchange like uh coinbase for example what it is is simply 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 know it’s like a hot wallet i think you know this is you you have not declared 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 methods to declare your domain name the very first way is that you have to purchase a claim with credits fee so that costs uh at this time 40 per domain name and so that’s pays for the gas charges you’re like what are gas charges look this the ethereum network you actually have to pay uh to move things on and off via gas fees number 2 is you can pay the gas charges 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 up until august so then they’ll have a scaling service that makes it easy to claim however anyways to get begun is extremely basic so we go here state if i want to claim this one make a website.crypto we’ll claim with ethereum right there claim procedure started so now we have to send the code by e-mail so click that and so right over here we’ll leap over here and wait for 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 just highlight that ideal click copy paste there we go boom put that in okay great now you’re like whoa what do i do pick wallet for claiming so unstoppable domains has their own app we have a web 3 wallet coinbase wall all mu wall is particularly for ethereum now there are a couple of various 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 going with metamask is easy meta mask there we go fine 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 alright so now the metamask app is set up on our browser so we simply click get going we are new to metamask so here is where you have to establish a wallet a wallet is what you finish with your cryptocurrency Why Are .Io Domains Popular With Cryptocurrency