Domains In Cryptocurrency 2022

discuss topics of the cryptocurrency world…Domains In Cryptocurrency. utilizing 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 suggests for people entering the complex crypto space prior to we actually get to comprehending the power of unstoppable domains the first thing we’ll need to do is understand dns here at white boards crypto we love utilizing examples so that’s exactly what we’re going to be utilizing to assist you comprehend dns so dns means domain service which is an expensive way of stating that it is a practical service which permits us people to key in human understandable addresses into the search bar and after that it will immediately turn them into maker understandable addresses so most of you are probably familiar with ip addresses and those are exactly how a computer system at one end of the internet knows how to talk particularly to another computer elsewhere and not just shriek it into the void that is the web when you key in google.com and you hit enter your computer sends out 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 trying to find them and then grabs a plan back to send to you now the plan is then unpacked by your computer system to show you the totality of the google.com home page utilizing complex math and software all of this

communication occurs behind the scenes but to you it’s simple and user friendly in fact if we needed to type in 8.8.8.8 into the url bar instead of google.com a lot more people would be puzzled right we don’t 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 humans 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 means 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 do not have 20 and you wish to support the channel do not hesitate 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 actually hard at work developing however anyways if you’re not used to understanding crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d have to share

Present domain name register to release domain 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 any place you desire whatever wallet you want with ease alright so now let’s jump into my laptop and enter the tutorial section of the video where i want to reveal you unstoppable domain how to get a domain name how to set up a particular wallet so you can connect the domain that you bought to your wallet etc so you can really understand how to effectively utilize unstoppable domain so let’s get started welcome to my laptop let’s begin so this is unstoppable domains.com now to begin with this site is really simple you just come here and then you key in the domain name that you want right here and then click on search now i want simply want to point out that they do have particular rate points for the number of characters are in the domain that you want 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 example if i was come here and i key in my surname 2 400 uh i believe i’ll pass but anyways let me go on and simply add this to haul for presentation purposes we’ll go to the carts which’s it alright and

then you click on here checkout which’s it and so you can pay with a charge 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 need to pay in cryptocurrency or you need to purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you want to utilize all right which’s it and so once 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 website 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 declare uh your domain addresses because one then you really own it then 2 you can do whatever you want with it if you wish to go sell it on some kind of like nft market you can go ahead and do that all right so just like 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 really 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 have not claimed it yet so it’s an iou that you own this therefore i just wish to briefly mention at the time of this video that there are a couple of methods to claim your domain the first way is that you need to acquire a claim with credits charge so that costs uh at this time 40 per domain therefore that’s spends for the gas fees you’re like what are gas fees look this the ethereum network you really have to pay uh to move things on and off through gas fees number two is you can pay the gas fees straight 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 till august so then they’ll have a scaling option that makes it simple to claim however anyways to begin is really easy so we go here say if i wish to claim this one make a website.crypto we’ll declare with ethereum right there declare process began so now we have to send out the code by email so click that and so 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 right click copy paste there we go boom put that in all right 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 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

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 utilize metamask so to get going with metamask is simple meta mask there we go okay so we click here then we wish to download it now click on that install metamask for chrome fine and let’s proceed and contribute to chrome include extension and there we go fine so now the metamask app is installed on our internet browser so we simply click on get going we are new to metamask so here is where you have to set up a wallet a wallet is what you do with your cryptocurrency Domains In Cryptocurrency