Crypto Domain Flipping 2022

describe topics of the cryptocurrency world…Crypto Domain Flipping. using examples 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 means for people entering into the complicated crypto space before we really get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we enjoy using examples so that’s exactly what we’re going to be utilizing to help you comprehend dns so dns means domain name service which is an expensive way of saying that it is a handy service which enables us humans to key in human readable addresses into the search bar and after that it will immediately turn them into machine readable addresses so the majority of you are most likely knowledgeable about ip addresses and those are exactly how a computer system at one end of the internet understands how to talk specifically to another computer elsewhere and not just shout it into the abyss that is the web when you key in google.com and you struck enter your computer system sends a message to your internet service provider saying yo where’s google the internet service provider finds out and goes to where google is tells them that you are trying to find them and then gets a bundle back to send to you now the plan is then unpacked by your computer system to show you the totality of the google.com home page using complex mathematics and software all of this

interaction happens behind the scenes however to you it’s easy and easy to use in fact if we had to enter 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 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 just mentioned other than 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 want by the way if you don’t have 20 and you want to support the channel feel free to leave a like below it’s totally free and it rewards all our effort 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 comprehending crypto the option to sharing whiteboard crypto.eth with somebody is i ‘d need to share

Current domain name register to release domain or in order to move it over to this other domain register and so on uh when you have a dot crypto dot zill any type of blockchain based domain name you can transfer it to wherever you want whatever wallet you desire with ease alright so now let’s delve into my laptop and get into the tutorial section of the video where i want to reveal you unstoppable domain how to get a domain how to set up a particular wallet so you can connect the domain name that you purchased to your wallet etc so you can really comprehend how to effectively utilize 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 website is really simple you just come here and after that you key in the domain name that you want right here and then click search now i desire simply want to discuss that they do have specific 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 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 go on and simply include this to cart for presentation purposes we’ll go to the carts which’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 truly like i like that it’s flexible i like it’s that it’s not one of those odd 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 nevertheless payment gateway you want to utilize all right 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 claim your crypto domain address now the factor why you ‘d desire to go through the procedure and really claim uh your domain addresses because one then you in fact own it then two you can do whatever you desire with it if you desire to go offer it on some type of like nft market you can go ahead and do that alright so just 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 exact same so this is on there this is you know it’s like a hot wallet i think you understand this is you you have not claimed it yet so it’s an iou that you own this and so i just want to briefly reference at the time of this video that there are a few ways to claim your domain name the first method is that you have to buy a claim with credits cost so that costs uh at this time 40 per domain name and so that’s pays for the gas fees you’re like what are gas costs look this the ethereum network you actually have to pay uh to move things on and off by means of gas charges number two is you can pay the gas costs straight 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 up until august so then they’ll have a scaling option that makes it simple to claim but anyways to get started is extremely basic so we go here state if i desire to claim this one make a website.crypto we’ll claim with ethereum right there declare process 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 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 right click copy paste there we go boom put that in okay excellent now you’re like whoa what do i do select 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 couple of 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 utilizing desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re just 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 on that set up metamask for chrome fine and let’s go on and contribute to chrome add extension and there we go fine so now the metamask app is installed on our browser so we just click get going we are new to metamask so here is where you need to set up a wallet a wallet is what you make with your cryptocurrency Crypto Domain Flipping