describe topics of the cryptocurrency world…Backup Namecoin-qt Wallet.Dat. utilizing examples stories and examples so that you can easily understand them in this video we are going to be explaining what unstoppable domains is how they might be much better than ens and what that implies for people getting into the complicated crypto space before we in fact 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 love using examples so that’s exactly what we’re going to be using to help you understand dns so dns means domain name service which is an expensive way of saying that it is a helpful service which enables us human beings to type in human understandable addresses into the search bar and after that it will instantly turn them into maker understandable 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 elsewhere and not just shriek it into the abyss that is the web when you key in 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 discovers and goes to where google is tells them that you are looking for them and after that gets a plan back to send to you now the bundle is then unpacked by your computer system to show you the whole of the google.com home page using complex math and software all of this
communication happens behind the scenes but to you it’s basic 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 people would be confused right we don’t 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 same thing that i simply discussed except it’s for ethereum ens represents ethereum name service and basically lets me inform 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 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 creating but anyways if you’re not utilized to understanding crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d have to share
Present domain name register to release 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 transfer it to wherever you desire whatever wallet you want with ease fine so now let’s delve into my laptop computer and enter the guide area of the video where i wish to reveal you unstoppable domain how to get a domain how to set up a specific wallet so you can connect the domain name that you purchased to your wallet and so on so you can actually comprehend how to correctly use unstoppable domain so let’s get going welcome to my laptop let’s begin so this is unstoppable domains.com now to start with this website is extremely simple you simply come here and then you type in the domain name that you want right here and after that click search now i desire simply want to point out that they do have particular cost points for how many characters remain in the domain name that you wish to get so something over 8 characters will be 40 the smaller sized the domain name the more costly it’s going to be so for instance if i was come here and i type in my last name 2 400 uh i believe i’ll pass however anyways let me go ahead and just include this to haul for presentation purposes we’ll go to the carts and that’s it fine 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 really like i like that it’s flexible i like it’s that it’s not one of those weird 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 however payment gateway you desire to utilize fine 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 site dot crypto and that’s it how to claim your crypto domain address now the reason why you ‘d want to go through the procedure and actually claim uh your domain addresses due to the fact that one then you in fact own it then two you can do whatever you want with it if you desire to go sell it on some type of like nft marketplace you can go ahead and do that alright so just like when you buy 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 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 guess you know this is you you have not claimed it yet so it’s an iou that you own this and so i just desire to briefly mention at the time of this video that there are a few methods to claim your domain name the first method is that you have to purchase a claim with credits cost so that costs uh at this time 40 per domain name and so that’s pays for the gas fees you’re like what are gas costs look this the ethereum network you in fact have to pay uh to move things on and off through gas charges number two is you can pay the gas fees straight 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 just wait till august so then they’ll have a scaling service that makes it easy to claim however anyways to get started is very simple so we go here say if i want to claim this one make a website.crypto we’ll declare with ethereum right there declare procedure began so now we have to send the code by email so click that and so right over here we’ll jump over here and wait for 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 right click copy paste there we go boom put that in fine terrific now you’re like whoa what do i do pick wallet for declaring 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 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 begin with metamask is easy meta mask there we go alright so we click here then we wish to download it now click on that install metamask for chrome all right and let’s go on and add to chrome add extension and there we go okay so now the metamask app is installed on our web browser so we simply click on get going we are new to metamask so here is where you have to establish a wallet a wallet is what you do with your cryptocurrency Backup Namecoin-qt Wallet.Dat