Unstoppable Domains Coinbase 2022

describe subjects of the cryptocurrency world…Unstoppable Domains Coinbase. using analogies stories and examples so that you can easily comprehend 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 suggests for people getting into the complicated crypto area prior to we in fact 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 exactly what we’re going to be using to assist you comprehend dns so dns means domain name service which is a fancy way of saying that it is a valuable service which permits us humans to type in human readable addresses into the search bar and then it will automatically turn them into device understandable addresses so the majority of you are probably acquainted with ip addresses and those are precisely how a computer at one end of the web understands 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 struck 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 looking for 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 home page using complicated mathematics and software application all of this

communication occurs behind the scenes but to you it’s basic 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 individuals would be puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and internet due to the fact that it makes sense to us so that’s basically what a dns is a translator for human beings to speak machine code next up let’s see how this works for crypto ens is basically the very same thing that i simply discussed other than it’s for ethereum ens means ethereum name service and practically 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 do not have 20 and you want to support the channel do not hesitate to leave a like below it’s complimentary and it rewards all our effort on this video and the past hundred that we have actually been truly hard at work creating but anyways if you’re not used to understanding crypto the alternative to sharing white boards crypto.eth with someone is i ‘d need to share

Current domain register to launch domain or in order to move it over to this other domain name register etc uh when you have a dot crypto dot zill any kind of blockchain based domain you can transfer it to anywhere you desire whatever wallet you desire with ease all right so now let’s jump into my laptop computer and enter into the guide section of the video where i want to show you unstoppable domain names how to get a domain name how to set up a particular wallet so you can attach the domain that you purchased to your wallet etc so you can truly comprehend how to appropriately use unstoppable domain so let’s start welcome to my laptop let’s begin so this is unstoppable domains.com now to get started with this site is really simple you just come here and after that you enter the domain name that you desire right here and after that click on search now i want simply wish to discuss that they do have specific rate points for how many characters remain in the domain name 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 instance if i was come here and i enter my last name 2 400 uh i believe i’ll pass however anyways let me proceed and simply include this to cart for presentation purposes we’ll go to the carts and that’s it alright and

then you click here checkout and that’s it therefore you can pay with a charge card paypal crypto or you can pay with the crypto.com app and i really like i like that it’s versatile i like it’s that it’s not one of those strange crypto sites 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 fine which’s it therefore as soon as you’re all set then you’ll have your my domain list in your account therefore we have right down there so i own my name dot crypto and make a website dot crypto which’s it how to claim your crypto domain address now the reason why you ‘d wish to go through the process and really claim uh your domain addresses because one then you in fact own it then two you can do whatever you want with it if you want to go offer it on some type of like nft market you can go on and do that fine so much like when you buy any kind of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou up until you actually move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you understand it resembles a hot wallet i think you understand this is you you have not declared it yet so it’s an iou that you own this and so i simply wish to briefly reference at the time of this video that there are a couple of methods to declare your domain name the first way is that you need to purchase a claim with credits fee so that costs uh at this time 40 per domain therefore that’s pays for the gas charges you’re like what are gas costs look this the ethereum network you really need to pay uh to move things on and off by means of gas charges second is you can pay the gas costs 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 simply wait up until august so then they’ll have a scaling service that makes it simple to claim however anyways to get started is extremely easy so we go here state 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 out the code by e-mail so click that and so right over here we’ll jump over here and wait on 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 ideal click copy paste there we go boom put that in alright excellent now you’re like whoa what do i do choose 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 utilizing desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re just going to utilize metamask so to begin with metamask is simple meta mask there we go okay so we click on this link then we wish to download it now click on that install metamask for chrome all right and let’s go on and add 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 Unstoppable Domains Coinbase