Cryptocurrency Domain Names 2022

explain subjects of the cryptocurrency world…Cryptocurrency Domain Names. using analogies stories and examples so that you can easily comprehend them in this video we are going to be explaining what unstoppable domains is how they might be better than ens and what that indicates for people entering into the complicated crypto area prior to we really get to understanding the power of unstoppable domains the first thing we’ll need to do is understand dns here at white boards crypto we enjoy using examples so that’s precisely what we’re going to be using to assist you understand dns so dns means domain service which is an expensive way of saying that it is a handy service which enables us people to enter human legible addresses into the search bar and then it will immediately 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 web knows 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 finds out and goes to where google is tells them that you are looking for them and then gets a bundle back to send out to you now the plan is then unpacked by your computer system to show you the whole of the google.com web page utilizing complex math and software all of this

interaction takes place behind the scenes but 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 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 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 same thing that i simply discussed other than it’s for ethereum ens represents ethereum name service and basically lets me tell 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 do not have 20 and you want to support the channel do not hesitate to leave a like listed below it’s 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

Present domain register to release domain name 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 desire whatever wallet you desire with ease fine so now let’s jump into my laptop and get into the guide area of the video where i want to reveal you unstoppable domain names how to get a domain how to establish a specific wallet so you can connect the domain name that you purchased to your wallet and so on so you can actually understand 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 begin with this website is really basic you just come here and then you enter the domain name that you want right here and then click search now i desire just want to mention that they do have specific cost points for how many characters remain in the domain name that you want to get so something over 8 characters will be 40 the smaller the domain name the more pricey it’s going to be so for example if i was come here and i key in my surname 2 400 uh i think i’ll pass however anyways let me go ahead and simply include this to cart for demonstration purposes we’ll go to the carts and that’s it fine and

then you click on here checkout which’s it therefore you can pay with a charge 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 websites where you need to pay in cryptocurrency or you have to purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you want to use okay and that’s it therefore as soon as you’re all set then you’ll have your my domain list in your account therefore 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 want 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 desire with it if you want to go offer it on some type of like nft marketplace you can go on and do that okay so much like when you purchase any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is just an iou it’s an iou till you in fact move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you understand it’s like a hot wallet i think you understand this is you you haven’t claimed it yet so it’s an iou that you own this therefore i just want to briefly mention at the time of this video that there are a couple of ways to declare your domain name the very first method is that you have to acquire a claim with credits charge so that costs uh at this time 40 per domain and so that’s pays for the gas charges you resemble what are gas costs look this the ethereum network you in fact need to pay uh to move things on and off through gas charges second is you can pay the gas charges directly 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 just wait till august so then they’ll have a scaling solution that makes it easy to claim however anyways to begin is extremely simple so we go here say if i want to claim this one make a website.crypto we’ll claim with ethereum right there declare process started so now we need to send out the code by e-mail so click that therefore 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 ideal click copy paste there we go boom put that in alright terrific 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 particularly for ethereum now there are a few different 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 get going with metamask is simple meta mask there we go alright so we click on this link then we want to download it now click on that set up metamask for chrome okay and let’s go ahead and contribute to chrome add extension and there we go okay so now the metamask app is installed on our browser so we just click start we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you do with your cryptocurrency Cryptocurrency Domain Names