explain topics of the cryptocurrency world…How Does Unstoppable Domains Work?. utilizing examples stories and examples so that you can quickly 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 implies for people getting into the complicated crypto space prior to we really get to understanding 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 precisely what we’re going to be utilizing to assist you comprehend dns so dns stands for domain name service which is a fancy method of stating that it is a practical service which enables us people to type in human readable addresses into the search bar and then it will instantly turn them into maker readable addresses so most of you are probably knowledgeable about ip addresses and those are precisely how a computer system at one end of the internet knows how to talk specifically to another computer system elsewhere and not simply shout 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 saying yo where’s google the internet service provider learns and goes to where google is tells them that you are looking for them and then gets a plan back to send out to you now the plan is then unpacked by your computer system to reveal you the entirety of the google.com web page utilizing complex mathematics and software all of this
communication occurs behind the scenes but to you it’s simple and easy to use in fact if we had to key in 22.214.171.124 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 because 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 same thing that i just discussed except it’s for ethereum ens stands for ethereum name service and pretty much lets me tell you that whiteboardcrypto.eth is my wallet address so you can merely type that in and pay me 20 if you desire by the way if you don’t 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 effort on this video and the past hundred that we have actually been really hard at work producing but anyways if you’re not utilized to comprehending crypto the option to sharing whiteboard crypto.eth with somebody is i ‘d have to share
Current domain register to launch domain or in order to move it over to this other domain register and so on uh when you have a dot crypto dot zill any kind of blockchain based domain name you can transfer it to any place you desire whatever wallet you desire with ease okay so now let’s jump into my laptop computer and enter the guide area of the video where i wish to reveal you unstoppable domain how to get a domain how to establish a specific wallet so you can attach the domain name that you bought to your wallet etc so you can really understand how to properly use unstoppable domain so let’s get going welcome to my laptop let’s start so this is unstoppable domains.com now to begin with this website is really easy you just come here and after that you key in the domain that you desire right here and after that click on search now i desire simply wish to discuss that they do have specific price 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 the domain name the more expensive it’s going to be so for example if i was come here and i type in my last name 2 400 uh i believe i’ll pass but anyways let me go ahead and simply add this to cart for demonstration functions we’ll go to the carts which’s it fine and
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 truly like i like that it’s versatile i like it’s that it’s not one of those weird 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 nevertheless payment entrance you want to use fine and that’s it and so when 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 claim your crypto domain address now the reason why you ‘d desire to go through the process and in fact declare uh your domain addresses because one then you actually own it then two you can do whatever you want with it if you desire to go offer it on some type of like nft market you can go ahead and do that alright so just like when you buy any type of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou till you in fact move the cryptocurrency from coinbase to your own wallet this is the exact same so this is on there this is you understand it’s like a hot wallet i guess you know this is you you have not claimed it yet so it’s an iou that you own this and so i just desire to briefly reference at the time of this video that there are a few methods to declare your domain name the first method is that you have to acquire a claim with credits fee so that expenses uh at this time 40 per domain name and so that’s pays for the gas fees you’re like what are gas costs look this the ethereum network you actually have to pay uh to move things on and off by means of gas fees number two is you can pay the gas costs 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 get started is extremely basic so we go here say if i want to claim this one make a website.crypto we’ll claim with ethereum right there claim process began so now we have to send the code by email so click that and so right over here we’ll leap 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 ideal click copy paste there we go boom put that in fine excellent 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 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 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 start with metamask is easy meta mask there we go fine so we click here then we wish to download it now click that install metamask for chrome fine 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 begin we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you do with your cryptocurrency How Does Unstoppable Domains Work?