discuss topics of the cryptocurrency world…Most Common Crypto Domain Name. utilizing analogies stories and examples so that you can easily understand them in this video we are going to be discussing what unstoppable domains is how they might be much better than ens and what that means for people entering into the complicated crypto area before we actually get to comprehending the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we like using examples so that’s precisely what we’re going to be utilizing to help you comprehend dns so dns represents domain name service which is an expensive method of saying that it is a valuable service which allows us human beings to key in human readable addresses into the search bar and after that it will automatically turn them into device readable addresses so most of you are most likely knowledgeable about ip addresses and those are exactly how a computer at one end of the web knows how to talk specifically to another computer system somewhere else and not simply scream it into the abyss that is the web when you enter google.com and you struck enter your computer system sends 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 trying to find them and after that gets a package back to send out to you now the bundle is then unpacked by your computer system to reveal you the entirety of the google.com home page utilizing complicated math and software application all of this
interaction takes place behind the scenes but to you it’s simple and user friendly in fact if we needed to enter 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 webs because it makes sense to us so that’s basically 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 simply mentioned except it’s for ethereum ens stands for ethereum name service and practically lets me inform you that whiteboardcrypto.eth is my wallet address so you can simply type that in and pay me 20 if you desire 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 totally free and it rewards all our hard work on this video and the past hundred that we have actually been actually hard at work producing but anyways if you’re not utilized to understanding crypto the option to sharing whiteboard crypto.eth with somebody is i ‘d need to share
Existing domain name register to release domain name 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 you can transfer it to wherever you want whatever wallet you want with ease alright so now let’s delve into my laptop computer and get into the tutorial section of the video where i wish to show you unstoppable domain names how to get a domain how to set up a particular wallet so you can connect the domain name that you bought to your wallet etc so you can truly comprehend how to appropriately use unstoppable domain so let’s get going welcome to my laptop let’s begin so this is unstoppable domains.com now to get started with this website is really basic you simply come here and after that you key in the domain that you want right here and then click search now i want simply want to point out that they do have specific price 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 sized the domain name the more costly it’s going to be so for example if i was come here and i enter my surname 2 400 uh i think i’ll pass however anyways let me go on and just add this to cart for presentation functions we’ll go to the carts and that’s it okay and
then you click here checkout and that’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 unusual crypto websites where you need 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 want to use fine and that’s it therefore as soon as you’re all set then you’ll have your my domain list in your account and so we have right down there so i own my name dot crypto and make a site dot crypto which’s it how to declare your crypto domain address now the reason that you ‘d wish to go through the procedure and in fact declare uh your domain addresses due to the fact that 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 kind of like nft market you can go on and do that alright so just like when you purchase any type of cryptocurrency from an exchange like uh coinbase for example 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’s like a hot wallet i think you understand this is you you haven’t declared it yet so it’s an iou that you own this and so i simply wish to briefly mention at the time of this video that there are a couple of ways to claim your domain 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 name therefore that’s spends for the gas costs you’re like what are gas fees look this the ethereum network you in fact have to pay uh to move things on and off via gas charges 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 until august so then they’ll have a scaling option that makes it simple to claim however anyways to get started is extremely simple so we go here say if i wish to claim this one make a website.crypto we’ll claim with ethereum right there declare procedure started so now we need to send out the code by e-mail so click that and so right over here we’ll jump 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 simply highlight that right click copy paste there we go boom put that in fine excellent now you’re like whoa what do i do pick wallet for declaring so unstoppable domains has their own app we have a web 3 wallet coinbase wall all mu wall is particularly 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 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 start with metamask is easy meta mask there we go all right 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 include extension and there we go fine so now the metamask app is set up on our internet browser so we simply click begin we are brand-new to metamask so here is where you have to set up a wallet a wallet is what you do with your cryptocurrency Most Common Crypto Domain Name