Amazon Bought 4 Domain Related To Cryptocurrency 2022

discuss subjects of the cryptocurrency world…Amazon Bought 4 Domain Related To Cryptocurrency. using analogies stories and examples so that you can quickly 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 implies for people getting into the complicated crypto space prior to we actually get to comprehending the power of unstoppable domains the first thing we’ll need to do is understand dns here at white boards crypto we love utilizing examples so that’s precisely what we’re going to be utilizing to help you understand dns so dns means domain service which is a fancy way of saying that it is a handy service which permits us humans to enter human understandable addresses into the search bar and then 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 at one end of the internet knows how to talk specifically to another computer elsewhere and not simply scream it into the abyss that is the web when you enter google.com and you struck enter your computer sends a message to your internet service provider saying yo where’s google the internet service provider finds out and goes to where google is tells them that you are searching for them and then grabs a package back to send to you now the bundle is then unpacked by your computer system to show you the entirety of the google.com home page using complicated mathematics and software application all of this

interaction takes place 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 people would be confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and internet due to the fact that it makes good sense to us so that’s essentially what a dns is a translator for humans to speak machine code next up let’s see how this works for crypto ens is basically the exact same thing that i just pointed out 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 merely type that in and pay me 20 if you desire by the way if you do not have 20 and you wish 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 developing but anyways if you’re not used to understanding crypto the alternative to sharing white boards crypto.eth with somebody is i ‘d have to share

Existing domain register to release domain name 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 name you can transfer it to wherever you want whatever wallet you want with ease fine so now let’s delve into my laptop computer and enter the guide area of the video where i want to show you unstoppable domain how to get a domain how to establish a particular wallet so you can connect the domain name that you bought to your wallet and so on so you can truly understand how to correctly utilize unstoppable domain so let’s begin welcome to my laptop 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 want right here and after that click on search now i want just wish to point out that they do have particular price points for how many characters are in the domain that you wish to get so something over 8 characters will be 40 the smaller the domain the more expensive it’s going to be so for example if i was come here and i type in my last name 2 400 uh i think i’ll pass but anyways let me go ahead and just include this to haul for presentation purposes we’ll go to the carts and that’s it okay 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 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 gateway you want to use alright and that’s it and so as soon as 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 factor why you ‘d want to go through the procedure and in fact 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 desire to go sell it on some type of like nft marketplace you can go ahead and do that all right 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 until 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’s like a hot wallet i guess you know this is you you haven’t claimed it yet so it’s an iou that you own this and so i simply want to briefly reference at the time of this video that there are a few methods to claim your domain name the very first method is that you have to buy a claim with credits fee so that expenses uh at this time 40 per domain name and so that’s pays for the gas fees you’re like what are gas costs look this the ethereum network you in fact have to pay uh to move things on and off through gas charges number two is you can pay the gas costs straight from your own wallet so if you currently 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 get begun is extremely easy so we go here say if i want to declare this one make a website.crypto we’ll claim with ethereum right there declare process began so now we have to send out the code by email so click that and so right over here we’ll jump 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 alright great now you’re like 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 particularly 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 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 that set up metamask for chrome fine and let’s go on and add to chrome include extension and there we go alright so now the metamask app is set up on our internet browser so we simply click start we are new to metamask so here is where you need to establish a wallet a wallet is what you finish with your cryptocurrency Amazon Bought 4 Domain Related To Cryptocurrency