discuss topics of the cryptocurrency world…What Are The 3 New Opcodes Introduced By Namecoin?. utilizing 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 better than ens and what that implies for people entering into the complex 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 whiteboard crypto we love using examples so that’s precisely what we’re going to be using to help you comprehend dns so dns means domain name service which is an expensive way of saying that it is a valuable service which permits us humans to type in human legible addresses into the search bar and then it will immediately turn them into maker legible addresses so most of you are probably knowledgeable about ip addresses and those are precisely how a computer at one end of the internet knows how to talk particularly to another computer elsewhere and not just shout it into the void that is the web when you enter google.com and you struck enter your computer sends out 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 grabs a package back to send to you now the package is then unpacked by your computer system to show you the totality of the google.com web page using complex math and software application all of this
interaction happens behind the scenes but to you it’s easy and user friendly in fact if we needed to key in 126.96.36.199 into the url bar instead of google.com a lot more people would be confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and webs since it makes sense to us so that’s basically what a dns is a translator for people to speak machine code next up let’s see how this works for crypto ens is basically the very same thing that i simply pointed out other than it’s for ethereum ens represents ethereum name service and practically lets me tell you that whiteboardcrypto.eth is my wallet address so you can just 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 hard work on this video and the past hundred that we’ve been actually hard at work developing but anyways if you’re not used to understanding crypto the option to sharing whiteboard crypto.eth with somebody is i ‘d need to share
Current domain name register to launch domain or in order to move it over to this other domain name register and so on 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 okay so now let’s jump into my laptop computer and enter the guide section 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 that you purchased to your wallet and so on so you can really comprehend how to appropriately utilize unstoppable domain names so let’s get started welcome to my laptop computer let’s begin so this is unstoppable domains.com now to begin with this website is very basic you simply come here and after that you enter the domain that you desire right here and after that click search now i want just want to mention that they do have particular cost points for the number of characters remain in the domain name that you want to get so something over 8 characters will be 40 the smaller sized the domain the more expensive it’s going to be so for instance if i was come here and i key in my surname 2 400 uh i think i’ll pass however anyways let me go on and just include this to haul for presentation functions we’ll go to the carts which’s it all right and
then 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 flexible i like it’s that it’s not one of those unusual crypto sites 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 utilize all right which’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 site dot crypto which’s it how to claim your crypto domain address now the reason why you ‘d want to go through the procedure and really claim uh your domain addresses since one then you really own it then two you can do whatever you desire with it if you want to go sell it on some type of like nft marketplace you can go on and do that alright so similar to 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 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 therefore i just want to briefly mention at the time of this video that there are a few methods to declare your domain the first method is that you have to purchase a claim with credits charge so that costs uh at this time 40 per domain and so that’s spends 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 via gas fees second is you can pay the gas costs directly 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 solution that makes it easy to claim but anyways to begin is very simple so we go here state if i want to declare this one make a website.crypto we’ll declare with ethereum right there declare process started so now we need to send out the code by email so click that and so right over here we’ll leap over here and await 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 right click copy paste there we go boom put that in all right excellent now you resemble 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 specifically for ethereum now there are a couple of 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 just going to utilize metamask so to get going with metamask is simple meta mask there we go okay so we click on this link then we want to download it now click on that set up metamask for chrome alright and let’s go on and add 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 start we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you finish with your cryptocurrency What Are The 3 New Opcodes Introduced By Namecoin?