Are Crypto Domains A Good Investment 2022

explain subjects of the cryptocurrency world…Are Crypto Domains A Good Investment. using analogies stories and examples so that you can quickly 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 means for individuals getting into the complicated crypto area before we in fact get to understanding the power of unstoppable domains the first thing we’ll need to do is understand 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 represents domain service which is an elegant way of stating that it is a valuable service which enables us human beings to key in human legible addresses into the search bar and after that it will instantly turn them into machine readable addresses so most of you are most likely knowledgeable about ip addresses and those are precisely how a computer system at one end of the web understands how to talk particularly to another computer elsewhere and not just shout it into the void that is the web when you type in google.com and you hit enter your computer system sends out 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 gets a bundle back to send out to you now the bundle is then unpacked by your computer system to reveal you the whole of the google.com web page utilizing complex math and software application all of this

communication happens behind the scenes but 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 people would be confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and nets because 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 essentially the exact same thing that i simply mentioned other than it’s for ethereum ens means ethereum name service and practically 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 feel free to leave a like below it’s free and it rewards all our hard work on this video and the past hundred that we have actually been really hard at work producing but anyways if you’re not used to understanding crypto the alternative to sharing white boards crypto.eth with someone is i ‘d have to share

Existing 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 type of blockchain based domain you can move it to any place you desire whatever wallet you desire with ease all right so now let’s delve into my laptop computer and enter into the tutorial section of the video where i want to reveal you unstoppable domain how to get a domain name how to establish a specific wallet so you can attach the domain name that you purchased to your wallet etc so you can actually comprehend how to effectively utilize unstoppable domain names so let’s get going welcome to my laptop let’s start so this is unstoppable domains.com now to begin with this website is very basic you simply come here and after that you key in the domain that you want right here and after that click search now i want just wish to mention that they do have particular price points for the number of characters are in the domain name that you wish to get so something over 8 characters will be 40 the smaller sized the domain the more costly it’s going to be so for example if i was come here and i enter my last name 2 400 uh i think i’ll pass but anyways let me proceed and just include this to cart for demonstration functions we’ll go to the carts and that’s it alright 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 flexible i like it’s that it’s not one of those strange crypto websites where you have to pay in cryptocurrency or you have to purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment entrance you desire to utilize okay 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 website dot crypto and that’s it how to declare your crypto domain address now the factor why you ‘d want to go through the process and in fact claim uh your domain addresses since 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 okay so simply like when you buy any type of cryptocurrency from an exchange like uh coinbase for example what it is is just an iou it’s an iou till you really 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 know this is you you haven’t declared 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 ways to declare your domain name the first way is that you have to buy a claim with credits charge so that costs uh at this time 40 per domain name and so that’s pays for the gas charges you’re like what are gas charges look this the ethereum network you in fact have to pay uh to move things on and off by means of gas costs number 2 is you can pay the gas fees 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 just wait up until august so then they’ll have a scaling option that makes it easy to claim however anyways to get begun is extremely basic so we go here state if i want to claim this one make a website.crypto we’ll declare with ethereum right there claim process began so now we have to send out the code by email so click that and so right over here we’ll leap 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 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 specifically for ethereum now there are a few various 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 use metamask so to get start with metamask is easy meta mask there we go all right so we click here 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 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 do with your cryptocurrency Are Crypto Domains A Good Investment