How Crypto Domain Works 2022

explain topics of the cryptocurrency world…How Crypto Domain Works. using examples 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 much better than ens and what that means for individuals entering into the complicated crypto space prior to we actually get to understanding the power of unstoppable domains the first thing we’ll need 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 assist you understand dns so dns means domain service which is a fancy way of stating that it is a helpful service which allows us humans to type in human understandable addresses into the search bar and then it will immediately turn them into device 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 internet knows how to talk specifically to another computer system somewhere else and not simply scream it into the void that is the web when you key 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 discovers and goes to where google is tells them that you are searching for them and then gets a plan back to send out to you now the bundle is then unpacked by your computer system to show you the totality of the google.com web page using complex mathematics and software all of this

interaction occurs behind the scenes but to you it’s easy and easy to use in fact if we had to enter 8.8.8.8 into the url bar instead of google.com a lot more individuals would be confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and internet since it makes good 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 basically the exact same thing that i simply pointed out except 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 desire by the way if you do not have 20 and you want to support the channel do not hesitate to leave a like listed below it’s complimentary and it rewards all our hard work 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 option to sharing white boards crypto.eth with somebody is i ‘d have to share

Current domain name register to release domain name or in order to move it over to this other domain name register and so on uh when you have a dot crypto dot zill any kind of blockchain based domain name you can move it to any place you want 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 how to establish a specific wallet so you can connect the domain name that you purchased to your wallet etc so you can actually understand how to appropriately utilize unstoppable domain so let’s get started welcome to my laptop computer let’s start so this is unstoppable domains.com now to get started with this site is very easy you simply come here and then you type 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 specific rate points for how many characters remain in the domain that you wish 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 enter my surname 2 400 uh i believe i’ll pass however anyways let me proceed and simply add this to haul for demonstration functions we’ll go to the carts which’s it alright and

then you click on here checkout which’s it therefore 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 have to purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you wish to use alright which’s it therefore 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 site dot crypto and that’s it how to declare your crypto domain address now the reason why you ‘d wish to go through the process and really declare uh your domain addresses due to the fact that one then you in fact own it then two you can do whatever you desire with it if you wish to go sell it on some kind of like nft market you can go on and do that okay so just like when you buy any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is just an iou it’s an iou up 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’s like a hot wallet i think you understand this is you you haven’t claimed 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 buy a claim with credits cost so that expenses uh at this time 40 per domain name therefore that’s pays for the gas fees you resemble what are gas charges look this the ethereum network you really need to pay uh to move things on and off by means of gas charges number two is you can pay the gas fees straight from your own wallet so if you currently have a wallet established and you have ethereum in there you can pay with your own ethereum or you can just wait up until august so then they’ll have a scaling solution that makes it simple to claim however anyways to get started is very easy so we go here say if i want to claim this one make a website.crypto we’ll declare with ethereum right there claim procedure started so now we need to send the code by e-mail so click that therefore right over here we’ll jump over here and wait for 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 terrific now you’re like whoa what do i do pick 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 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 easy 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 okay and let’s go on and contribute to chrome add extension and there we go all right so now the metamask app is installed on our web browser so we simply click start we are new to metamask so here is where you have to set up a wallet a wallet is what you make with your cryptocurrency How Crypto Domain Works