Are .Crypto Domains Valuable 2022

explain topics of the cryptocurrency world…Are .Crypto Domains Valuable. using examples stories and examples so that you can quickly understand 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 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 enjoy using examples so that’s exactly what we’re going to be using to assist you comprehend dns so dns represents domain name service which is an expensive method of saying that it is a practical service which allows us humans to key in human legible addresses into the search bar and after that it will instantly turn them into machine readable addresses so most of you are most likely knowledgeable about ip addresses and those are precisely how a computer system at one end of the internet knows how to talk specifically to another computer somewhere else and not just scream it into the abyss that is the web when you enter google.com and you hit enter your computer sends a message to your internet service provider saying yo where’s google the internet service provider learns and goes to where google is tells them that you are trying to find them and after that grabs a package back to send out to you now the bundle is then unpacked by your computer system to reveal you the totality of the google.com home page using complex mathematics and software application all of this

communication occurs behind the scenes however to you it’s simple and user friendly in fact if we needed 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 nets since it makes sense to us so that’s essentially 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 simply discussed except 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 simply 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 alternative to sharing white boards crypto.eth with someone is i ‘d need to share

Current domain register to release domain name 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 name you can transfer it to any place you want whatever wallet you want with ease alright so now let’s jump into my laptop computer and enter the tutorial area of the video where i wish to show you unstoppable domain how to get a domain name how to establish a specific wallet so you can attach the domain that you purchased to your wallet etc so you can really understand how to properly use unstoppable domain so let’s get started welcome to my laptop let’s begin so this is unstoppable domains.com now to begin with this site is extremely easy you simply come here and then you enter the domain 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 name that you want 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 key in my surname 2 400 uh i think i’ll pass but anyways let me go on and just include this to haul for demonstration functions we’ll go to the carts which’s it all right 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 truly like i like that it’s flexible i like it’s that it’s not one of those strange crypto sites where you have to pay in cryptocurrency or you have to buy unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you desire to utilize alright 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 website dot crypto and that’s it how to declare your crypto domain address now the factor why you ‘d want to go through the process and really claim uh your domain addresses due to the fact that one then you actually 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 ahead and do that okay so just like when you purchase any type of cryptocurrency from an exchange like uh coinbase for example 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 very same so this is on there this is you understand it’s like a hot wallet i think you understand this is you you haven’t declared it yet so it’s an iou that you own this and so i just desire to briefly reference at the time of this video that there are a couple of ways to declare your domain name the first method is that you have to buy a claim with credits charge 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 fees 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 simply wait up until august so then they’ll have a scaling service that makes it easy to claim however anyways to get begun is really basic so we go here state if i want to declare this one make a website.crypto we’ll claim with ethereum right there declare procedure began so now we have to send out the code by e-mail 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 just highlight that best click copy paste there we go boom put that in all right fantastic now you’re like whoa what do i do choose wallet for declaring 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 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 get start with metamask is easy meta mask there we go all right so we click on this link then we wish to download it now click on that install metamask for chrome alright and let’s go ahead and add to chrome include extension and there we go fine so now the metamask app is set up on our browser so we simply click get going we are brand-new to metamask so here is where you have to set up a wallet a wallet is what you finish with your cryptocurrency Are .Crypto Domains Valuable