Amazon Buys Crypto Domains 2022

discuss topics of the cryptocurrency world…Amazon Buys Crypto Domains. using 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 complex crypto space before we really 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 enjoy using examples so that’s precisely what we’re going to be utilizing to assist you comprehend dns so dns stands for domain service which is an elegant way of stating that it is a helpful service which permits us humans to key in human understandable addresses into the search bar and after that it will automatically turn them into machine understandable addresses so most of you are most likely knowledgeable about ip addresses and those are precisely how a computer at one end of the internet knows how to talk specifically to another computer system somewhere else and not just shriek it into the abyss that is the web when you enter 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 trying to find them and then grabs a bundle back to send out to you now the package is then unpacked by your computer system to show you the totality of the google.com web page using complex mathematics and software application all of this

communication occurs behind the scenes but to you it’s basic and user friendly 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 puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and webs due to the fact that it makes good sense to us so that’s essentially 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 exact same thing that i just discussed except it’s for ethereum ens represents ethereum name service and pretty much lets me inform you that whiteboardcrypto.eth is my wallet address so you can just 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 do not hesitate to leave a like listed below it’s totally free and it rewards all our effort on this video and the past hundred that we have actually been actually hard at work creating however anyways if you’re not used to understanding crypto the option to sharing whiteboard crypto.eth with somebody is i ‘d have to share

Existing domain name 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 name you can transfer it to anywhere you want whatever wallet you want with ease okay so now let’s jump into my laptop computer and get into the tutorial section of the video where i wish to show you unstoppable domain how to get a domain name how to establish a particular wallet so you can attach the domain name that you purchased to your wallet etc so you can really understand how to properly utilize unstoppable domain names so let’s get going welcome to my laptop let’s begin so this is unstoppable domains.com now to get started with this website is really simple you simply come here and after that you key in the domain that you want right here and then click search now i desire simply want to discuss that they do have specific rate points for the number of 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 expensive it’s going to be so for example 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 add this to cart for demonstration purposes we’ll go to the carts which’s it fine and

then you click 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 truly 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 buy unstoppable coin then exchange it or whatever no you can pay with however payment entrance you wish to utilize fine and that’s it and so once you’re all set then you’ll have your my domain 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 claim your crypto domain address now the reason you ‘d wish to go through the process and in fact declare uh your domain addresses because one then you really own it then two you can do whatever you want with it if you want to go offer it on some kind of like nft market you can proceed and do that all right so just like 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 actually 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 understand this is you you haven’t claimed it yet so it’s an iou that you own this and so i simply wish to briefly reference at the time of this video that there are a couple of methods to claim your domain name the very first way is that you have to acquire a claim with credits charge so that expenses uh at this time 40 per domain and so that’s pays for the gas costs you’re like what are gas charges look this the ethereum network you actually need to pay uh to move things on and off through gas charges second is you can pay the gas fees directly 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 started is extremely simple 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 started so now we need to send out the code by e-mail so click that and so right over here we’ll leap over here and wait for 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 best click copy paste there we go boom put that in all right excellent 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 specifically for ethereum now there are a couple of 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 using 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 alright so we click on this link then we want to download it now click that set up metamask for chrome all right and let’s go ahead and contribute to chrome include extension and there we go all right so now the metamask app is installed on our internet browser so we just click on begin we are new to metamask so here is where you have to establish a wallet a wallet is what you do with your cryptocurrency Amazon Buys Crypto Domains