describe topics of the cryptocurrency world…Namecoin Payment Showing Paying Not Paid?. 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 better than ens and what that means for people 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 enjoy using examples so that’s precisely what we’re going to be utilizing to assist you comprehend dns so dns represents domain service which is an expensive method of saying that it is a helpful service which permits us people to enter human understandable addresses into the search bar and then it will instantly turn them into device understandable addresses so the majority of you are most likely familiar with ip addresses and those are exactly how a computer at one end of the web knows how to talk particularly to another computer elsewhere and not simply shriek it into the abyss that is the web when you enter 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 discovers and goes to where google is tells them that you are trying to find them and then gets a package back to send to you now the package is then unpacked by your computer to reveal you the whole of the google.com web page utilizing complicated mathematics and software application all of this
interaction happens behind the scenes however to you it’s basic and user friendly in fact if we needed to enter 22.214.171.124 into the url bar instead of google.com a lot more people would be confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and nets since it makes good 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 essentially the very same thing that i just discussed other than 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 merely 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 feel free to leave a like listed below it’s complimentary and it rewards all our effort 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 comprehending crypto the option to sharing whiteboard 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 register etc uh when you have a dot crypto dot zill any kind of blockchain based domain you can move it to anywhere you want whatever wallet you desire with ease all right so now let’s delve into my laptop and enter into the guide section of the video where i wish to reveal you unstoppable domain how to get a domain how to set up a particular wallet so you can attach the domain name that you bought to your wallet etc so you can actually comprehend how to properly use unstoppable domain so let’s get going welcome to my laptop let’s begin so this is unstoppable domains.com now to begin with this website is extremely easy you just come here and then you key in the domain that you want right here and then click on search now i want simply want to mention that they do have particular price points for the number of characters remain in the domain that you wish to get so something over 8 characters will be 40 the smaller the domain name the more pricey it’s going to be so for example if i was come here and i type in my surname 2 400 uh i believe i’ll pass however anyways let me go ahead and just add this to haul for demonstration purposes we’ll go to the carts and that’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 really like i like that it’s flexible 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 however payment entrance you want to use all right and that’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 site 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 since one then you really own it then 2 you can do whatever you desire with it if you want to go sell it on some type of like nft market you can go ahead and do that all right so simply like when you purchase any type of cryptocurrency from an exchange like uh coinbase for example what it is is just an iou it’s an iou until you actually move the cryptocurrency from coinbase to your own wallet this is the exact same so this is on there this is you know it’s like a hot wallet i guess you understand this is you you have not declared it yet so it’s an iou that you own this and so i simply desire to briefly mention at the time of this video that there are a couple of methods to declare your domain name the first method is that you have to purchase a claim with credits cost so that costs uh at this time 40 per domain name and so that’s pays for the gas costs you’re like what are gas charges look this the ethereum network you actually have to pay uh to move things on and off via gas fees number two is you can pay the gas fees directly from your own wallet so if you currently have a wallet set up and you have ethereum in there you can pay with your own ethereum or you can just wait till august so then they’ll have a scaling option that makes it simple to claim however anyways to get started is very basic so we go here say if i desire to declare this one make a website.crypto we’ll declare with ethereum right there claim procedure began so now we have to send out the code by email so click that and so 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 simply highlight that ideal click copy paste there we go boom put that in all right great 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 particularly for ethereum now there are a few various wallets that they recommend 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 simply going to utilize metamask so to get going with metamask is simple meta mask there we go alright so we click here then we want to download it now click that install metamask for chrome alright and let’s proceed and contribute to chrome add extension and there we go okay so now the metamask app is set up on our internet browser so we just click get started we are new to metamask so here is where you have to establish a wallet a wallet is what you do with your cryptocurrency Namecoin Payment Showing Paying Not Paid?