Cryptocurrency Mining Domains 2022

explain topics of the cryptocurrency world…Cryptocurrency Mining Domains. using analogies stories and examples so that you can easily understand them in this video we are going to be explaining what unstoppable domains is how they might be better than ens and what that means 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 require 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 help you comprehend dns so dns represents domain service which is an elegant method of saying that it is a practical service which permits us human beings to key in human readable addresses into the search bar and after that it will instantly turn them into maker readable addresses so the majority of you are probably familiar with ip addresses and those are exactly how a computer system at one end of the web understands how to talk specifically to another computer somewhere else and not simply shout it into the void that is the web when you key in google.com and you hit enter your computer system sends a message to your internet service provider saying yo where’s google the internet service provider learns and goes to where google is tells them that you are looking for them and after that gets a plan back to send out to you now the bundle is then unpacked by your computer system to reveal you the entirety of the google.com web page using complicated mathematics and software all of this

communication takes place behind the scenes but to you it’s basic and easy to use 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 puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and nets due to the fact that it makes good sense to us so that’s essentially 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 same thing that i just pointed out other than it’s for ethereum ens means 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 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 effort on this video and the past hundred that we’ve been truly hard at work developing but anyways if you’re not used to comprehending crypto the alternative to sharing white boards crypto.eth with somebody is i ‘d need to share

Present domain name register to launch 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 move it to any place you want whatever wallet you desire with ease all right so now let’s jump into my laptop computer and enter into the guide section of the video where i want to show you unstoppable domain how to get a domain how to set up a particular wallet so you can attach the domain name that you purchased to your wallet and so on 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 get going with this site is extremely simple you just come here and after that you key in the domain that you desire right here and after that click search now i desire simply want to discuss that they do have specific rate points for the number of characters are in the domain name that you want to get so something over 8 characters will be 40 the smaller sized the domain name the more pricey it’s going to be so for instance if i was come here and i enter my last name 2 400 uh i think i’ll pass however anyways let me go on and simply add this to cart for presentation functions we’ll go to the carts and that’s it all right 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 versatile i like it’s that it’s not one of those weird 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 nevertheless payment entrance you desire to use okay 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 site dot crypto and that’s it how to declare your crypto domain address now the factor why you ‘d want to go through the procedure and actually declare uh your domain addresses because one then you really own it then 2 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 okay so simply 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 till you actually 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 know this is you you haven’t declared it yet so it’s an iou that you own this and so i simply desire to briefly mention at the time of this video that there are a few ways to declare your domain name the first method is that you have to buy a claim with credits cost so that expenses uh at this time 40 per domain name and so that’s pays for the gas costs you’re like what are gas fees look this the ethereum network you in fact have to pay uh to move things on and off via gas costs number 2 is you can pay the gas charges straight 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 till august so then they’ll have a scaling service that makes it easy to claim but anyways to get begun is extremely basic so we go here say if i want to declare this one make a website.crypto we’ll declare with ethereum right there declare procedure began so now we have to send out the code by email so click that and so right over here we’ll jump 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 simply highlight that right click copy paste there we go boom put that in alright excellent now you’re like whoa what do i do choose 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

utilize 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 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 that install metamask for chrome alright and let’s go ahead and contribute to chrome add extension and there we go okay so now the metamask app is set up on our internet 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 finish with your cryptocurrency Cryptocurrency Mining Domains