Crypto Domain Name Exchange 2022

describe subjects of the cryptocurrency world…Crypto Domain Name Exchange. utilizing 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 much better than ens and what that indicates for individuals entering the complex crypto area prior to we really get to comprehending the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we enjoy utilizing examples so that’s precisely what we’re going to be using to help you comprehend dns so dns represents domain service which is a fancy method of stating that it is a practical service which enables us humans to type in human legible addresses into the search bar and after that it will automatically turn them into maker readable addresses so the majority of you are probably knowledgeable about ip addresses and those are exactly how a computer system at one end of the web knows how to talk particularly to another computer elsewhere and not simply shout it into the abyss that is the web when you enter 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 searching for them and after that grabs a bundle back to send out to you now the package is then unpacked by your computer to reveal you the whole of the google.com home page using complex math and software all of this

interaction occurs behind the scenes however to you it’s basic and user friendly in fact if we needed 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 webs because it makes sense to us so that’s basically what a dns is a translator for humans to speak machine code next up let’s see how this works for crypto ens is essentially the very same thing that i simply mentioned other than it’s for ethereum ens means ethereum name service and practically lets me tell you that whiteboardcrypto.eth is my wallet address so you can just 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 complimentary and it rewards all our hard work on this video and the past hundred that we have actually been truly hard at work developing however 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 name register to release domain or in order to move it over to this other domain name register and so on uh when you have a dot crypto dot zill any kind of blockchain based domain name you can move it to wherever you want whatever wallet you desire with ease all right so now let’s jump into my laptop computer and get into the guide section of the video where i want to show you unstoppable domain names how to get a domain name how to establish a specific wallet so you can attach the domain that you bought to your wallet etc so you can truly understand how to appropriately utilize unstoppable domain so let’s begin welcome to my laptop computer let’s start so this is unstoppable domains.com now to begin with this site is extremely simple you just come here and then you key in the domain name that you want right here and after that click on search now i want just want to mention that they do have particular rate points for the number of characters remain in the domain that you want to get so something over 8 characters will be 40 the smaller the domain the more pricey it’s going to be so for example if i was come here and i key in my last name 2 400 uh i think i’ll pass but anyways let me proceed and simply add this to haul for demonstration 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 really like i like that it’s flexible i like it’s that it’s not one of those odd crypto sites 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 gateway 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 site dot crypto and that’s it how to claim your crypto domain address now the reason why you ‘d desire to go through the procedure and in fact declare uh your domain addresses since one then you actually own it then two you can do whatever you want with it if you want to go offer it on some type of like nft market you can go ahead and do that alright so simply like when you purchase any type of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou till you actually move the cryptocurrency from coinbase to your own wallet this is the very same so this is on there this is you know it’s like a hot wallet i guess you know this is you you have not declared it yet so it’s an iou that you own this and so i just want to briefly mention at the time of this video that there are a couple of ways to claim your domain name the very first method is that you have to purchase a claim with credits cost so that expenses uh at this time 40 per domain name and so that’s pays for the gas fees you’re like what are gas fees look this the ethereum network you really have to pay uh to move things on and off through gas fees number 2 is you can pay the gas charges 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 simply wait until august so then they’ll have a scaling option that makes it easy to claim however anyways to get started is really simple so we go here say if i desire to declare 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 email 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 just highlight that right click copy paste there we go boom put that in fine terrific now you’re like whoa what do i do pick wallet for claiming 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 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 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 start with metamask is easy meta mask there we go okay 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 alright so now the metamask app is installed on our web browser so we simply click on start we are brand-new to metamask so here is where you have to set up a wallet a wallet is what you make with your cryptocurrency Crypto Domain Name Exchange