Are Domains A Good Investment 2022

discuss topics of the cryptocurrency world…Are Domains A Good Investment. 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 indicates for people getting into the complicated crypto area before we actually get to understanding the power of unstoppable domains the first thing we’ll need to do is understand dns here at white boards crypto we enjoy using examples so that’s precisely what we’re going to be utilizing to help you understand dns so dns represents domain service which is an elegant way of saying that it is a handy service which enables us human beings to key in human legible addresses into the search bar and after that it will automatically turn them into maker legible addresses so most of you are probably familiar with ip addresses and those are exactly how a computer at one end of the web understands how to talk specifically to another computer system somewhere else and not simply yell it into the void that is the web when you type in google.com and you struck enter your computer system sends out a message to your internet service provider stating yo where’s google the internet service provider learns and goes to where google is tells them that you are searching for them and then gets a bundle back to send to you now the package is then unpacked by your computer system to show you the whole of the google.com home page using complex mathematics and software all of this

interaction occurs behind the scenes but to you it’s simple and user friendly 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 don’t speak in numbers or ip addresses we speak in dot coms dot orgs and webs since it makes good 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 exact 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 want by the way if you don’t have 20 and you wish to support the channel do not hesitate to leave a like listed below it’s totally free and it rewards all our effort on this video and the past hundred that we’ve been actually hard at work producing however anyways if you’re not utilized to comprehending crypto the option to sharing white boards crypto.eth with somebody is i ‘d need to share

Existing domain name 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 type of blockchain based domain you can move it to wherever you desire whatever wallet you want with ease alright so now let’s delve into my laptop and enter the tutorial 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 etc so you can truly comprehend how to effectively utilize unstoppable domain so let’s begin welcome to my laptop let’s start so this is unstoppable domains.com now to get going with this website is really basic you just come here and then you enter the domain name that you desire right here and then click search now i want simply wish to point out that they do have specific price 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 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 believe i’ll pass but anyways let me proceed and simply add this to haul for demonstration functions we’ll go to the carts which’s it okay and

then you click on here checkout and that’s it and so you can pay with a charge card paypal crypto or you can pay with the crypto.com app and i truly like i like that it’s versatile i like it’s that it’s not one of those odd crypto sites where you have 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 use fine and that’s it and so as soon as 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 which’s it how to declare your crypto domain address now the reason why you ‘d want to go through the process and in fact declare uh your domain addresses since one then you in fact own it then two you can do whatever you want with it if you want to go sell it on some type of like nft market you can go ahead and do that okay so just like when you buy any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is simply an iou it’s an iou till 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’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 just want to briefly reference at the time of this video that there are a couple of ways to claim your domain the first way is that you need to buy a claim with credits fee so that costs uh at this time 40 per domain therefore that’s pays for the gas costs you resemble what are gas fees look this the ethereum network you actually need to pay uh to move things on and off through gas costs second is you can pay the gas charges straight 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 just wait up until august so then they’ll have a scaling option that makes it easy to claim however anyways to get started is really basic so we go here state if i want to declare this one make a website.crypto we’ll declare with ethereum right there claim process began so now we have to send the code by e-mail so click that and so right over here we’ll leap 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 simply highlight that right click copy paste there we go boom put that in fine fantastic now you’re like whoa what do i do pick 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

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 simply going to use metamask so to 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 on that install metamask for chrome okay and let’s go on and contribute to chrome include extension and there we go okay so now the metamask app is installed on our web browser so we simply click on get started we are new to metamask so here is where you need to establish a wallet a wallet is what you do with your cryptocurrency Are Domains A Good Investment