Amazon Buys Cryptocurrency Domain Names 2022

describe topics of the cryptocurrency world…Amazon Buys Cryptocurrency Domain Names. using analogies stories and examples so that you can easily comprehend them in this video we are going to be discussing what unstoppable domains is how they might be better than ens and what that implies for people getting into the complicated crypto area prior to we actually 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 love using examples so that’s exactly what we’re going to be utilizing to help you understand dns so dns stands for domain name service which is an expensive way of saying that it is a helpful service which permits us people to enter human readable addresses into the search bar and then 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 elsewhere and not simply 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 after that gets a plan back to send to you now the plan is then unpacked by your computer system to show you the whole of the google.com home page utilizing complicated math and software application all of this

communication takes place behind the scenes however 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 do not speak in numbers or ip addresses we speak in dot coms dot orgs and webs since it makes 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 same thing that i just mentioned except it’s for ethereum ens stands for ethereum name service and practically 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 don’t have 20 and you want to support the channel do not hesitate to leave a like below it’s totally free and it rewards all our hard work on this video and the past hundred that we’ve been actually hard at work developing however anyways if you’re not utilized to understanding crypto the option to sharing white boards crypto.eth with someone is i ‘d have to share

Current domain name register to launch 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 type of blockchain based domain you can move it to wherever you desire whatever wallet you desire with ease fine so now let’s jump into my laptop and enter into the tutorial area of the video where i want to reveal you unstoppable domain names how to get a domain how to set up a particular wallet so you can attach the domain name that you purchased to your wallet etc so you can really understand how to effectively use unstoppable domain so let’s get going welcome to my laptop computer let’s begin so this is unstoppable domains.com now to begin with this site is very basic you just come here and then you key in the domain that you desire right here and then click search now i want just want to point out that they do have particular cost points for how many characters are in the domain name that you want to get so something over 8 characters will be 40 the smaller the domain name the more pricey 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 simply include this to cart for demonstration purposes we’ll go to the carts and that’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 truly like i like that it’s flexible 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 buy unstoppable coin then exchange it or whatever no you can pay with however payment gateway you wish to utilize okay and that’s it and so when 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 website dot crypto which’s it how to claim your crypto domain address now the reason why you ‘d want to go through the procedure and actually 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 want to go offer it on some kind of like nft market you can go ahead and do that all right so just like when you purchase any type of cryptocurrency from an exchange like uh coinbase for instance 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 know it resembles a hot wallet i think you understand this is you you haven’t 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 few ways to claim your domain the very first way is that you need to buy a claim with credits charge so that expenses uh at this time 40 per domain and so that’s spends for the gas charges you’re like what are gas fees look this the ethereum network you really need to pay uh to move things on and off by means of gas costs second is you can pay the gas costs 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 until august so then they’ll have a scaling service that makes it simple to claim but anyways to get started is extremely basic 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 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 ideal click copy paste there we go boom put that in alright fantastic now you resemble 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 particularly for ethereum now there are a few various wallets that they recommend 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 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 start 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 install metamask for chrome alright and let’s go ahead and add to chrome add extension and there we go okay so now the metamask app is installed on our browser so we just click on start we are new to metamask so here is where you have to establish a wallet a wallet is what you make with your cryptocurrency Amazon Buys Cryptocurrency Domain Names