Blockchain Domains Explained 2022

describe subjects of the cryptocurrency world…Blockchain Domains Explained. using analogies 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 indicates for individuals getting into the complicated crypto space prior to we really get to comprehending the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at white boards crypto we like using examples so that’s exactly what we’re going to be utilizing to help you comprehend dns so dns stands for domain name service which is a fancy method of saying that it is a handy service which allows us humans to type in human understandable addresses into the search bar and then it will instantly turn them into maker understandable addresses so the majority of you are probably knowledgeable about ip addresses and those are precisely how a computer at one end of the internet understands how to talk particularly to another computer system elsewhere and not just scream 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 learns and goes to where google is tells them that you are searching for them and then grabs a plan back to send out to you now the package is then unpacked by your computer system to show you the whole of the google.com home page utilizing complex mathematics and software application all of this

interaction takes place behind the scenes but 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 people would be puzzled 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 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 same thing that i simply discussed other than it’s for ethereum ens stands for ethereum name service and practically lets me tell you that whiteboardcrypto.eth is my wallet address so you can simply type that in and pay me 20 if you want by the way if you don’t have 20 and you wish to support the channel do not hesitate to leave a like listed below it’s complimentary and it rewards all our effort on this video and the past hundred that we’ve been actually hard at work developing however anyways if you’re not used to understanding crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d have to share

Existing domain register to launch domain name 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 you can move it to any place you want whatever wallet you want with ease alright so now let’s delve into my laptop and enter into the tutorial area of the video where i want to show you unstoppable domain names how to get a domain name how to establish a particular wallet so you can attach the domain that you bought to your wallet and so on so you can actually comprehend how to properly use unstoppable domain names so let’s get going welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get going with this site is really simple you just come here and then you key in the domain name that you desire right here and then click search now i want just want to discuss that they do have specific rate points for how many characters are in the domain that you wish to get so something over 8 characters will be 40 the smaller sized the domain the more pricey it’s going to be so for instance if i was come here and i key in my surname 2 400 uh i believe i’ll pass but anyways let me go ahead and just include this to haul for presentation purposes we’ll go to the carts and that’s it all right and

then you click 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 versatile i like it’s that it’s not one of those weird crypto sites where you have to pay in cryptocurrency or you need to purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment entrance you want to utilize alright which’s it therefore once you’re all set then you’ll have your my domain 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 reason that you ‘d wish to go through the procedure and really claim uh your domain addresses due to the fact that one then you in fact own it then 2 you can do whatever you desire with it if you wish to go sell it on some kind of like nft market you can go ahead and do that all right so much like when you purchase any type of cryptocurrency from an exchange like uh coinbase for example what it is is just 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 know it resembles a hot wallet i guess you understand this is you you have not 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 few ways to claim your domain the first method is that you have to acquire a claim with credits cost so that expenses uh at this time 40 per domain name and so that’s pays for the gas costs you resemble what are gas costs look this the ethereum network you really have to pay uh to move things on and off by means of gas charges number two is you can pay the gas fees straight from your own wallet so if you already have a wallet established 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 easy to claim but anyways to start is very easy 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 began so now we need to send the code by e-mail so click that therefore right over here we’ll jump 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 simply highlight that best click copy paste there we go boom put that in fine great now you resemble whoa what do i do choose 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 few various wallets that they advise 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 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 on that install metamask for chrome fine and let’s go on and contribute to chrome include extension and there we go okay so now the metamask app is installed on our internet browser so we just click start we are new to metamask so here is where you have to set up a wallet a wallet is what you make with your cryptocurrency Blockchain Domains Explained