What Are Nft Domains 2022

explain topics of the cryptocurrency world…What Are Nft Domains. utilizing analogies stories and examples so that you can quickly comprehend 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 suggests for people getting into the complicated crypto space before we actually get to understanding the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at white boards crypto we like utilizing examples so that’s exactly what we’re going to be using to assist you comprehend dns so dns stands for domain name service which is an elegant method of saying that it is a handy service which allows us human beings to type in human readable addresses into the search bar and after that it will immediately turn them into maker understandable addresses so most of you are probably familiar with ip addresses and those are exactly how a computer system at one end of the web knows how to talk specifically to another computer elsewhere and not just yell it into the abyss that is the web when you type in google.com and you struck enter your computer 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 bundle back to send out to you now the bundle is then unpacked by your computer system to show you the entirety of the google.com home page using complicated mathematics and software all of this

communication takes place 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 puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and nets because 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 pointed out except it’s for ethereum ens stands for ethereum name service and basically 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 don’t 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 creating but anyways if you’re not utilized to understanding crypto the alternative to sharing white boards crypto.eth with somebody is i ‘d need to share

Current domain register to launch 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 name you can move it to anywhere you want whatever wallet you desire with ease okay so now let’s delve into my laptop computer and enter the guide area of the video where i wish to show you unstoppable domain how to get a domain how to set up a particular wallet so you can attach the domain name that you purchased to your wallet etc so you can truly understand how to effectively use unstoppable domain names so let’s get started welcome to my laptop let’s begin so this is unstoppable domains.com now to get going with this site is really basic you simply come here and after that you type in the domain name that you want right here and after that click search now i want simply wish to discuss that they do have specific cost 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 sized 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 simply include this to cart for demonstration functions we’ll go to the carts and that’s it alright and

then you click on 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 flexible i like it’s that it’s not one of those odd 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 however payment entrance you want to use alright and that’s it therefore once 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 you ‘d wish to go through the process and really claim uh your domain addresses because one then you really own it then 2 you can do whatever you want with it if you want to go offer it on some type of like nft market you can proceed and do that okay so much like when you purchase any type of cryptocurrency from an exchange like uh coinbase for instance what it is is simply an iou it’s an iou 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 know 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 methods to declare your domain the first method is that you have to buy a claim with credits charge so that expenses uh at this time 40 per domain and so that’s pays for the gas fees you resemble what are gas costs look this the ethereum network you really have to pay uh to move things on and off by means of gas fees second is you can pay the gas charges directly 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 simply wait till august so then they’ll have a scaling solution that makes it easy to claim but anyways to get going is extremely simple so we go here state if i want to claim this one make a website.crypto we’ll declare with ethereum right there claim process started so now we need to send the code by email so click that therefore right over here we’ll leap 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 okay great now you resemble 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 particularly 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 simply going to utilize metamask so to begin with metamask is simple meta mask there we go all right so we click on this link then we want to download it now click that set up metamask for chrome fine and let’s go ahead and add to chrome include extension and there we go okay 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 need to set up a wallet a wallet is what you do with your cryptocurrency What Are Nft Domains