explain subjects of the cryptocurrency world…What Is A Crypto Domain. using 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 better than ens and what that suggests for individuals getting into the complex crypto space prior to we really get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we like utilizing examples so that’s precisely what we’re going to be using to help you understand dns so dns means domain service which is a fancy method of stating that it is a valuable service which allows us human beings to enter human readable addresses into the search bar and then it will immediately turn them into device readable addresses so most of you are probably acquainted with ip addresses and those are exactly how a computer system at one end of the internet understands how to talk particularly to another computer somewhere else and not simply shriek it into the abyss that is the web when you key in google.com and you hit enter your computer sends out a message to your internet service provider stating yo where’s google the internet service provider finds out 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 plan is then unpacked by your computer to reveal you the entirety of the google.com home page using complicated math and software application all of this
communication happens behind the scenes however 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 confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and webs because it makes sense to us so that’s essentially 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 essentially the same thing that i simply mentioned except it’s for ethereum ens means ethereum name service and pretty much 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 don’t have 20 and you want to support the channel do not hesitate to leave a like below it’s free and it rewards all our hard work on this video and the past hundred that we have actually been really hard at work developing however 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 register to release 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 wherever you desire whatever wallet you desire with ease alright so now let’s delve into my laptop computer and enter into the guide area of the video where i want to reveal you unstoppable domain names how to get a domain how to establish a particular wallet so you can connect the domain name that you bought to your wallet and so on so you can actually understand how to correctly utilize unstoppable domain names so let’s start welcome to my laptop computer let’s start so this is unstoppable domains.com now to get going with this website is really basic you simply come here and after that you type in the domain name that you desire right here and after that click search now i desire just want to point out that they do have particular rate points for the number of characters remain in the domain name that you wish to get so something over 8 characters will be 40 the smaller the domain the more expensive it’s going to be so for instance if i was come here and i type in my surname 2 400 uh i think i’ll pass however anyways let me go on and simply add this to haul for presentation functions we’ll go to the carts which’s it okay and
then you click 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 versatile 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 purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you want to utilize okay which’s it and so once 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 website dot crypto and that’s it how to declare your crypto domain address now the reason why you ‘d wish to go through the procedure and in fact claim uh your domain addresses due to the fact that one then you in fact own it then 2 you can do whatever you want with it if you wish to go offer it on some kind of like nft market you can proceed and do that okay so much like when you purchase any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is just an iou it’s an iou till you really move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you understand it’s like a hot wallet i think you know this is you you haven’t declared it yet so it’s an iou that you own this and so i just wish to briefly mention at the time of this video that there are a few ways to claim your domain the very first way is that you have to acquire a claim with credits cost so that expenses uh at this time 40 per domain name therefore that’s pays for the gas fees 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 through gas fees number two is you can pay the gas costs 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 option that makes it easy to claim however anyways to get started is extremely easy so we go here say if i wish to declare this one make a website.crypto we’ll claim with ethereum right there declare process began so now we need to send out the code by e-mail so click that therefore right over here we’ll jump over here and await 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 best click copy paste there we go boom put that in okay terrific 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 different wallets that they advise so for desktop there’s meta mask for mobile you can
utilize 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 just going to use metamask so to get start with metamask is simple meta mask there we go alright 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 add extension and there we go fine so now the metamask app is installed on our internet browser so we just click get started 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 What Is A Crypto Domain