Domain By Bitcoin 2022

explain topics of the cryptocurrency world…Domain By Bitcoin. using examples stories and examples so that you can quickly comprehend 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 into the complex crypto area before we actually get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at white boards crypto we enjoy using examples so that’s exactly what we’re going to be utilizing to help you understand dns so dns represents domain name service which is an elegant method of saying that it is a practical service which enables us people to key in human understandable addresses into the search bar and after that it will immediately turn them into device legible addresses so most of you are probably acquainted with ip addresses and those are exactly how a computer system at one end of the internet knows how to talk specifically to another computer elsewhere and not simply scream it into the abyss that is the web when you key in google.com and you struck enter your computer system 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 plan back to send to you now the bundle is then unpacked by your computer to reveal you the totality of the google.com home page using complicated math and software all of this

interaction happens behind the scenes however to you it’s basic 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 webs 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 exact same thing that i just discussed other than it’s for ethereum ens represents ethereum name service and practically lets me inform 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 wish to support the channel feel free 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 really hard at work creating however anyways if you’re not utilized to understanding crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d have to share

Present domain 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 kind of blockchain based domain you can move it to wherever you desire whatever wallet you desire with ease fine so now let’s delve into my laptop and enter into the guide area of the video where i wish to show you unstoppable domain how to get a domain name how to establish a specific wallet so you can connect the domain name that you purchased to your wallet etc so you can truly understand how to appropriately use unstoppable domain so let’s get started welcome to my laptop let’s begin so this is unstoppable domains.com now to start with this site is extremely basic you simply come here and then you enter the domain that you desire right here and then click on search now i desire simply wish to mention that they do have specific cost points for how many characters are in the domain name that you wish to get so something over 8 characters will be 40 the smaller the domain name the more costly it’s going to be so for instance if i was come here and i key in my last name 2 400 uh i think i’ll pass however anyways let me go on and just include this to haul for presentation functions we’ll go to the carts which’s it okay and

then 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 actually like i like that it’s flexible i like it’s that it’s not one of those unusual crypto websites 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 entrance you wish to use fine which’s it and so when 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 site dot crypto which’s it how to declare your crypto domain address now the reason why you ‘d wish to go through the process and in fact claim uh your domain addresses because one then you really own it then 2 you can do whatever you want with it if you want to go offer it on some kind of like nft marketplace you can go ahead and do that all right so similar to when you purchase any type 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 understand it’s like a hot wallet i think you know this is you you have not declared it yet so it’s an iou that you own this and so i simply want to briefly reference at the time of this video that there are a couple of ways to declare your domain the very first way is that you have to acquire a claim with credits cost so that expenses uh at this time 40 per domain therefore that’s spends for the gas charges you resemble what are gas fees look this the ethereum network you actually have to pay uh to move things on and off through gas charges number two 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 until august so then they’ll have a scaling option that makes it simple to claim but anyways to start is extremely simple so we go here state if i want to declare this one make a website.crypto we’ll declare with ethereum right there claim procedure began so now we have to send the code by e-mail so click that therefore right over here we’ll jump over here and await 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 right click copy paste there we go boom put that in all right great 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 few various 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 using 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 easy meta mask there we go okay so we click on this link then we want to download it now click on that install metamask for chrome okay and let’s go ahead and contribute to chrome include extension and there we go all right so now the metamask app is set up on our web browser so we just click on start we are new to metamask so here is where you have to set up a wallet a wallet is what you finish with your cryptocurrency Domain By Bitcoin