describe topics of the cryptocurrency world…Will Namecoin Go Up. utilizing examples stories and examples so that you can easily 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 implies for people entering into the complicated crypto space before we really 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 precisely what we’re going to be utilizing to assist you comprehend dns so dns represents domain service which is a fancy way of stating that it is a valuable service which permits us people to key in human understandable addresses into the search bar and after that it will instantly turn them into device readable addresses so most of you are probably acquainted with ip addresses and those are precisely how a computer at one end of the internet understands how to talk specifically to another computer somewhere else and not simply yell it into the void that is the web when you key in google.com and you hit 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 grabs a bundle back to send to you now the bundle is then unpacked by your computer system to show you the totality of the google.com web page using complicated mathematics and software application all of this
communication happens behind the scenes but to you it’s basic and easy to use in fact if we had to type in 8.8.8.8 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 nets because it makes good sense to us so that’s basically what a dns is a translator for humans to speak machine code next up let’s see how this works for crypto ens is essentially the exact same thing that i just pointed out other than it’s for ethereum ens means 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 do not have 20 and you want to support the channel do not hesitate 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’ve been really hard at work developing however anyways if you’re not utilized to comprehending crypto the option to sharing whiteboard crypto.eth with somebody is i ‘d need to share
Current 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 you can move it to anywhere you desire whatever wallet you desire with ease all right so now let’s delve into my laptop computer and enter into the guide section of the video where i wish to show you unstoppable domain names how to get a domain how to establish a specific wallet so you can attach the domain that you purchased to your wallet and so on so you can actually understand 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 start with this site is extremely basic you simply come here and after that you key in the domain name that you desire right here and then click on search now i want just want to mention that they do have particular rate points for how many characters remain in the domain name 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 instance if i was come here and i key in my last name 2 400 uh i think i’ll pass however anyways let me go on and simply include this to cart for presentation purposes we’ll go to the carts which’s it fine and
then you click on here checkout and that’s it therefore 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 sites where you have 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 utilize all right which’s it therefore 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 site dot crypto which’s it how to claim your crypto domain address now the reason why you ‘d wish to go through the procedure and in fact declare uh your domain addresses since one then you actually own it then 2 you can do whatever you desire with it if you wish to go offer it on some kind of like nft market you can proceed and do that okay so just like when you buy any type of cryptocurrency from an exchange like uh coinbase for instance what it is is just 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 think you know this is you you haven’t declared 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 few ways to declare your domain the very first way is that you need to purchase a claim with credits cost so that costs uh at this time 40 per domain therefore that’s spends for the gas costs you resemble what are gas charges look this the ethereum network you really have to pay uh to move things on and off via gas costs second is you can pay the gas fees straight from your own wallet so if you currently have a wallet established 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 solution that makes it simple to claim but anyways to start is very simple so we go here say if i wish to claim this one make a website.crypto we’ll declare with ethereum right there declare procedure started so now we need to send out the code by email so click that and so 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 just highlight that right 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 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 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 begin with metamask is simple 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 on and contribute to chrome include extension and there we go alright so now the metamask app is set up on our web browser so we simply click begin we are new to metamask so here is where you need to establish a wallet a wallet is what you finish with your cryptocurrency Will Namecoin Go Up