Crypto Mining Domains 2022

explain topics of the cryptocurrency world…Crypto Mining Domains. utilizing 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 indicates for people entering into the complicated crypto space before we actually get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we like using examples so that’s precisely what we’re going to be using to assist you comprehend dns so dns stands for domain service which is a fancy way of saying that it is an useful service which enables us human beings to key in human legible addresses into the search bar and after that it will instantly turn them into machine legible addresses so the majority of you are probably familiar with ip addresses and those are exactly 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 abyss that is the web when you key in google.com and you hit enter your computer sends a message to your internet service provider saying yo where’s google the internet service provider discovers and goes to where google is tells them that you are looking for them and after that gets a package back to send to you now the plan is then unpacked by your computer system to show you the entirety of the google.com home page using complicated mathematics and software all of this

communication happens behind the scenes but to you it’s easy and user friendly in fact if we had to type in 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 good 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 basically the very same thing that i just mentioned except it’s for ethereum ens stands for ethereum name service and pretty much lets me inform you that whiteboardcrypto.eth is my wallet address so you can merely 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 do not hesitate to leave a like listed below it’s totally free and it rewards all our hard work on this video and the past hundred that we’ve been actually hard at work creating however anyways if you’re not used to comprehending crypto the option to sharing white boards crypto.eth with someone is i ‘d have to share

Present domain name register to launch domain 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 name you can transfer it to wherever you desire whatever wallet you desire with ease fine so now let’s delve into my laptop computer and enter into the tutorial area of the video where i wish to show you unstoppable domain how to get a domain how to set up a specific wallet so you can attach the domain name that you bought to your wallet and so on so you can actually comprehend how to appropriately use unstoppable domain names so let’s get started welcome to my laptop let’s start so this is unstoppable domains.com now to get started with this website is really easy you simply come here and after that you enter the domain name that you want right here and then click search now i want just want to point out that they do have specific price points for how many characters remain in the domain name that you wish to get so something over 8 characters will be 40 the smaller the domain name the more expensive it’s going to be so for example if i was come here and i type in my surname 2 400 uh i think i’ll pass but anyways let me go on and just include this to cart for presentation functions we’ll go to the carts and that’s it okay and

then you click here checkout which’s it therefore 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 need to buy unstoppable coin then exchange it or whatever no you can pay with however payment gateway you wish to use okay and that’s it therefore as soon as you’re all set then you’ll have your my domain name list in your account therefore we have right down there so i own my name dot crypto and make a website dot crypto which’s it how to claim your crypto domain address now the reason that you ‘d want 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 want to go offer it on some kind of like nft marketplace you can go on and do that okay so similar to when you buy any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is simply an iou it’s an iou until you actually 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 know this is you you haven’t declared 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 methods to claim your domain 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 therefore that’s pays for the gas costs you resemble what are gas charges look this the ethereum network you really need to pay uh to move things on and off through gas fees number two is you can pay the gas charges straight from your own wallet so if you currently have a wallet established 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 option that makes it easy to claim however anyways to begin is extremely basic 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 started so now we have to send the code by e-mail so click that therefore right over here we’ll leap over here and wait on 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 alright fantastic now you resemble whoa what do i do choose 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 various wallets that they advise 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 using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re just going to utilize metamask so to begin with metamask is easy meta mask there we go alright so we click here then we want to download it now click that install metamask for chrome okay and let’s go ahead and contribute to chrome include extension and there we go alright so now the metamask app is set up on our web browser so we just click get going we are brand-new to metamask so here is where you need to set up a wallet a wallet is what you make with your cryptocurrency Crypto Mining Domains