Crypto Domains Explained 2022

discuss topics of the cryptocurrency world…Crypto Domains Explained. using examples stories and examples so that you can quickly 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 suggests for individuals entering the complicated crypto space before we in fact 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 enjoy utilizing examples so that’s exactly what we’re going to be using to assist you comprehend dns so dns represents domain name service which is an expensive method of saying that it is a helpful service which allows us humans to type in human readable addresses into the search bar and after that it will automatically turn them into machine legible addresses so most of you are probably familiar with ip addresses and those are precisely how a computer system at one end of the web understands how to talk specifically to another computer system elsewhere and not just yell it into the abyss that is the web when you key in google.com and you struck 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 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 complicated math and software application all of this

communication takes place behind the scenes but to you it’s basic and easy to use in fact if we needed to enter 8.8.8.8 into the url bar instead of google.com a lot more individuals would be confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and nets since 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 exact same thing that i just mentioned except 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 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 hard work on this video and the past hundred that we’ve been actually hard at work developing but anyways if you’re not utilized to comprehending crypto the option to sharing whiteboard crypto.eth with someone is i ‘d need to share

Current domain name register to release 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 type of blockchain based domain you can move it to any place you want whatever wallet you desire with ease fine so now let’s jump into my laptop computer and get into the tutorial section of the video where i want to reveal you unstoppable domain how to get a domain name how to set up a specific wallet so you can connect the domain that you purchased to your wallet and so on so you can really comprehend how to effectively utilize unstoppable domain so let’s begin welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get started with this site is very basic you just come here and after that you key in the domain name that you want right here and then click on search now i want simply want to point out that they do have specific rate points for the number of characters are in the domain that you wish to get so something over 8 characters will be 40 the smaller the domain 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 believe i’ll pass but anyways let me go ahead and just include this to cart for demonstration functions we’ll go to the carts which’s it fine 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 sites where you have to pay in cryptocurrency or you have to buy 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 as soon as 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 reason why you ‘d desire to go through the process and really claim uh your domain addresses since one then you really own it then two you can do whatever you desire with it if you want to go offer it on some type of like nft marketplace you can go ahead and do that alright so just 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 actually move the cryptocurrency from coinbase to your own wallet this is the very 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 just want to briefly reference at the time of this video that there are a couple of methods to declare your domain name the first way is that you have to buy a claim with credits fee so that expenses 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 really have to pay uh to move things on and off by means of gas costs 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 just wait up until august so then they’ll have a scaling solution that makes it easy to claim but anyways to get begun is really easy so we go here say if i want to claim this one make a website.crypto we’ll declare with ethereum right there declare procedure started so now we have to send 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 simply highlight that ideal click copy paste there we go boom put that in fine 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 different 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 simply going to utilize metamask so to start with metamask is easy meta mask there we go fine so we click on this link then we wish to download it now click that install metamask for chrome all right and let’s go ahead and contribute to chrome include extension and there we go fine so now the metamask app is installed on our web browser so we just click on start we are new to metamask so here is where you have to establish a wallet a wallet is what you do with your cryptocurrency Crypto Domains Explained