Domains For Cryptocurrency 2022

explain topics of the cryptocurrency world…Domains For Cryptocurrency. using analogies stories and examples so that you can quickly 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 implies for individuals getting into the complex crypto space before we actually get to comprehending the power of unstoppable domains the first thing we’ll need to do is understand dns here at whiteboard crypto we love utilizing 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 method of stating that it is a valuable service which enables us humans to enter human understandable addresses into the search bar and after that it will automatically turn them into device understandable addresses so the majority of you are most likely acquainted with ip addresses and those are precisely how a computer at one end of the internet understands how to talk particularly to another computer system elsewhere and not just shriek it into the abyss that is the web when you type 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 learns and goes to where google is tells them that you are searching for them and then gets a plan back to send to you now the plan is then unpacked by your computer to show you the entirety of the google.com web page utilizing complicated mathematics and software all of this

interaction happens behind the scenes however to you it’s easy and easy to use 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 webs due to the fact that it makes sense to us so that’s essentially what a dns is a translator for people to speak machine code next up let’s see how this works for crypto ens is essentially the exact same thing that i just discussed except 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 want by the way if you don’t have 20 and you want to support the channel feel free to leave a like below it’s totally free and it rewards all our hard work on this video and the past hundred that we have actually been really hard at work producing however anyways if you’re not utilized to understanding 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 etc uh when you have a dot crypto dot zill any type of blockchain based domain name you can move it to wherever you want whatever wallet you desire with ease all right so now let’s jump into my laptop and enter into the guide area of the video where i wish to reveal you unstoppable domain names how to get a domain name how to set up a specific wallet so you can connect the domain that you bought to your wallet etc so you can really understand how to correctly utilize unstoppable domain so let’s begin welcome to my laptop computer let’s start so this is unstoppable domains.com now to get started with this site is really easy you just come here and after that you key in the domain name that you desire right here and after that click search now i want just wish to mention that they do have specific price points for how many characters are in the domain that you wish to get so something over 8 characters will be 40 the smaller sized the domain name the more costly it’s going to be so for example if i was come here and i key in my last name 2 400 uh i believe i’ll pass but anyways let me proceed and simply include this to cart for presentation functions we’ll go to the carts which’s it fine 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 really like i like that it’s flexible i like it’s that it’s not one of those strange 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 however payment gateway you wish to utilize fine which’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 site dot crypto which’s it how to claim your crypto domain address now the reason you ‘d wish to go through the procedure and in fact claim uh your domain addresses due to the fact that 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 kind of like nft marketplace you can proceed and do that all right so similar to when you buy any type of cryptocurrency from an exchange like uh coinbase for instance what it is is just an iou it’s an iou until you in fact 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 understand this is you you haven’t declared it yet so it’s an iou that you own this and so i simply want to briefly mention at the time of this video that there are a few methods to claim your domain the first way is that you have to buy a claim with credits fee so that costs uh at this time 40 per domain therefore that’s spends for the gas costs you resemble what are gas fees look this the ethereum network you actually need to pay uh to move things on and off by means of gas costs second is you can pay the gas costs 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 simply wait up until august so then they’ll have a scaling option that makes it simple to claim but anyways to get started is really simple so we go here state if i wish to declare this one make a website.crypto we’ll declare with ethereum right there declare procedure began so now we need to send the code by e-mail so click that and so 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 okay excellent 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 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 using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re simply going to utilize metamask so to start with metamask is simple meta mask there we go alright so we click here then we wish to download it now click that set up metamask for chrome alright and let’s go on and add to chrome add extension and there we go fine so now the metamask app is set up on our web browser so we simply click get going we are new to metamask so here is where you have to establish a wallet a wallet is what you finish with your cryptocurrency Domains For Cryptocurrency