Domains As Nft 2022

discuss topics of the cryptocurrency world…Domains As Nft. using analogies 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 implies for individuals entering the complicated crypto area before we in fact get to understanding the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we like 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 elegant way of stating that it is a valuable service which allows us human beings to enter human understandable addresses into the search bar and after that it will automatically turn them into machine understandable addresses so the majority of you are most likely acquainted with ip addresses and those are precisely how a computer system at one end of the internet understands how to talk particularly to another computer somewhere else and not just shout it into the abyss that is the web when you type 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 finds out and goes to where google is tells them that you are looking for them and after that grabs a bundle back to send to you now the package is then unpacked by your computer to reveal you the whole of the google.com home page utilizing complex math and software all of this

interaction takes place behind the scenes however to you it’s basic and user friendly in fact if we had to key 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 because 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 very same thing that i just mentioned except it’s for ethereum ens represents ethereum name service and pretty much lets me tell 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 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 have actually been truly hard at work developing but anyways if you’re not utilized to understanding crypto the option to sharing white boards crypto.eth with someone is i ‘d have to share

Existing 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 name you can move it to anywhere you want whatever wallet you want with ease okay so now let’s jump into my laptop computer and enter the guide area of the video where i wish to show you unstoppable domain names how to get a domain name how to set up a particular wallet so you can connect the domain name that you bought to your wallet etc so you can really comprehend how to correctly utilize unstoppable domain names so let’s get going welcome to my laptop let’s start so this is unstoppable domains.com now to get started with this site is extremely basic you simply come here and after that you type in the domain that you want right here and after that click on search now i desire just want to point out that they do have particular cost points for the number of characters remain in the domain that you want to get so something over 8 characters will be 40 the smaller sized the domain the more expensive it’s going to be so for instance if i was come here and i type in my last name 2 400 uh i think i’ll pass but anyways let me proceed and simply add this to cart for presentation functions we’ll go to the carts which’s it alright and

then you click here checkout which’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 versatile i like it’s that it’s not one of those odd crypto sites where you have to pay in cryptocurrency or you have to purchase unstoppable coin then exchange it or whatever no you can pay with however payment gateway you want to use alright and that’s it and so 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 site dot crypto and that’s it how to declare your crypto domain address now the reason that you ‘d wish to go through the process and really claim uh your domain addresses because one then you really own it then two you can do whatever you want with it if you wish to go sell it on some type of like nft market you can go on and do that okay so just 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 until you really move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you know it’s like a hot wallet i guess you understand this is you you have not claimed it yet so it’s an iou that you own this therefore i simply want to briefly mention at the time of this video that there are a couple of methods to claim your domain name the very first way is that you have to buy a claim with credits fee so that costs uh at this time 40 per domain and so that’s spends for the gas fees you’re like what are gas fees 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 fees directly from your own wallet so if you already have a wallet set up and you have ethereum in there you can pay with your own ethereum or you can simply wait up until august so then they’ll have a scaling solution that makes it simple to claim but anyways to get going is really easy so we go here state if i wish to claim this one make a website.crypto we’ll claim with ethereum right there declare process began 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 simply highlight that best click copy paste there we go boom put that in fine terrific now you resemble whoa what do i do select 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 suggest 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 start with metamask is simple meta mask there we go okay so we click on this link then we wish to download it now click that set up metamask for chrome all right and let’s proceed and contribute to chrome add extension and there we go okay so now the metamask app is installed on our web browser so we just click on start we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you make with your cryptocurrency Domains As Nft