Amazon Buys Cryptocurrency Domains 2022

discuss subjects of the cryptocurrency world…Amazon Buys Cryptocurrency Domains. 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 suggests for people entering into the complicated crypto area prior to we actually get to comprehending the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we love utilizing examples so that’s exactly what we’re going to be using to assist you understand dns so dns stands for domain service which is an expensive way of stating that it is a practical service which enables us humans to enter human readable addresses into the search bar and after that it will instantly turn them into maker legible addresses so the majority of you are most likely acquainted with ip addresses and those are precisely how a computer system at one end of the web knows how to talk specifically to another computer system somewhere else and not just yell it into the void that is the web when you key in google.com and you hit enter your computer sends a message to your internet service provider stating yo where’s google the internet service provider finds out and goes to where google is tells them that you are looking for them and after that grabs a plan back to send out to you now the package is then unpacked by your computer system to show you the entirety of the google.com web page using complex math and software application all of this

interaction happens behind the scenes however to you it’s simple 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 nets due to the fact that it makes good sense to us so that’s essentially 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 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 desire by the way if you don’t have 20 and you wish 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 have actually been truly hard at work producing 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

Current domain name register to launch domain name or in order to move it over to this other domain name register etc uh when you have a dot crypto dot zill any type of blockchain based domain you can move it to any place you desire whatever wallet you desire with ease okay 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 how to get a domain name how to set up a specific wallet so you can attach the domain that you purchased to your wallet etc so you can really comprehend how to effectively utilize unstoppable domain so let’s begin welcome to my laptop computer let’s start so this is unstoppable domains.com now to get going with this website is extremely easy you just come here and after that you enter the domain that you desire right here and after that click on search now i desire simply want to discuss that they do have specific price points for how many characters remain in the domain that you want to get so something over 8 characters will be 40 the smaller the domain name the more costly it’s going to be so for example if i was come here and i key in my last name 2 400 uh i believe i’ll pass however anyways let me go on and simply include this to cart for demonstration functions 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 truly like i like that it’s flexible 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 however payment entrance you want to utilize alright and that’s it and so once 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 claim your crypto domain address now the factor why you ‘d desire to go through the process and really claim uh your domain addresses because one then you really own it then 2 you can do whatever you desire with it if you want to go sell it on some type of like nft market you can go ahead and do that okay so just like when you buy any type of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou up until you in fact move the cryptocurrency from coinbase to your own wallet this is the exact 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 desire to briefly mention at the time of this video that there are a few methods to declare your domain name the very first way is that you have to acquire a claim with credits fee so that expenses uh at this time 40 per domain name and so that’s pays for the gas charges you’re like what are gas fees look this the ethereum network you in fact have to pay uh to move things on and off by means of gas costs number two is you can pay the gas fees 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 just wait until august so then they’ll have a scaling service that makes it easy to claim but anyways to get begun is really easy so we go here say if i want to claim this one make a website.crypto we’ll declare with ethereum right there claim procedure began so now we have 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 fine fantastic now you’re like whoa what do i do pick 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

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 just going to utilize metamask so to begin 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 on and add to chrome include extension and there we go okay so now the metamask app is set up on our internet browser so we simply click on start we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you finish with your cryptocurrency Amazon Buys Cryptocurrency Domains