Bitcoin Mining Domains 2022

explain topics of the cryptocurrency world…Bitcoin Mining Domains. utilizing examples stories and examples so that you can easily comprehend them in this video we are going to be describing what unstoppable domains is how they might be much better than ens and what that suggests for people entering 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 whiteboard crypto we like utilizing examples so that’s precisely what we’re going to be using to help you understand dns so dns means domain service which is an elegant method of saying that it is an useful service which enables us humans to key in human readable addresses into the search bar and after that it will automatically turn them into maker readable addresses so most of you are most likely acquainted with ip addresses and those are precisely how a computer at one end of the web knows how to talk specifically to another computer elsewhere and not just shriek it into the void that is the web when you type in google.com and you hit enter your computer sends out a message to your internet service provider stating 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 grabs a package back to send to you now the bundle is then unpacked by your computer to reveal you the entirety of the google.com home page using complex math and software all of this

interaction happens behind the scenes but to you it’s easy and user friendly in fact if we had to key in 8.8.8.8 into the url bar instead of google.com a lot more people would be puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and nets because 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 essentially the exact same thing that i simply discussed 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 simply 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 feel free to leave a like listed below it’s free and it rewards all our effort on this video and the past hundred that we’ve been truly hard at work producing but anyways if you’re not used to understanding crypto the option to sharing white boards crypto.eth with someone is i ‘d need to share

Current domain 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 kind of blockchain based domain name you can move it to anywhere you desire whatever wallet you desire with ease alright so now let’s jump into my laptop computer and get into the tutorial section of the video where i wish to reveal you unstoppable domain how to get a domain how to establish a specific wallet so you can attach the domain name that you purchased to your wallet etc so you can truly comprehend how to correctly use unstoppable domain names so let’s get going welcome to my laptop let’s begin so this is unstoppable domains.com now to get going with this site is very basic you simply come here and then you enter the domain that you want right here and after that click search now i want just wish to mention that they do have particular rate points for the number of 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 instance 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 ahead and simply include this to cart 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 actually 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 however payment entrance you desire to utilize fine and that’s it and so when 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 desire to go through the process and in fact declare uh your domain addresses since one then you actually own it then 2 you can do whatever you desire with it if you desire to go offer it on some type of like nft marketplace you can go ahead and do that fine so simply 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 until 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 have not claimed it yet so it’s an iou that you own this and so i simply want to briefly mention at the time of this video that there are a few methods to claim your domain name the first method is that you have to acquire a claim with credits charge so that expenses uh at this time 40 per domain name and so that’s pays for the gas costs you’re like what are gas fees look this the ethereum network you really have to pay uh to move things on and off by means of gas fees number 2 is you can pay the gas costs 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 just wait until august so then they’ll have a scaling option that makes it easy to claim but anyways to get begun is really simple so we go here say if i want to claim this one make a website.crypto we’ll claim 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 best click copy paste there we go boom put that in okay excellent 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 couple of different wallets that they suggest 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 utilizing desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re simply going to use metamask so to begin with metamask is simple meta mask there we go fine so we click on this link then we wish to download it now click that set up metamask for chrome okay and let’s go on 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 get going 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 Bitcoin Mining Domains