Blockchain Domain Flipping 2022

explain topics of the cryptocurrency world…Blockchain Domain Flipping. using analogies stories and examples so that you can quickly comprehend 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 means for individuals getting 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 understand dns here at whiteboard crypto we enjoy utilizing examples so that’s precisely what we’re going to be utilizing to help you understand dns so dns stands for domain name service which is a fancy way of saying that it is a valuable service which permits us humans to type in human understandable addresses into the search bar and then it will immediately turn them into device legible addresses so the majority of you are probably acquainted with ip addresses and those are exactly how a computer at one end of the web understands how to talk particularly to another computer system elsewhere and not simply shout it into the abyss that is the web when you enter google.com and you struck enter your computer system sends 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 grabs a package back to send out to you now the plan is then unpacked by your computer system to reveal you the whole of the google.com web page utilizing 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 enter 8.8.8.8 into the url bar instead of google.com a lot more people would be puzzled 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 essentially what a dns is a translator for people to speak machine code next up let’s see how this works for crypto ens is essentially the exact same thing that i just pointed out except it’s for ethereum ens represents ethereum name service and pretty much lets me tell you that whiteboardcrypto.eth is my wallet address so you can merely type that in and pay me 20 if you want 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 totally free and it rewards all our hard work on this video and the past hundred that we have actually been truly hard at work creating however anyways if you’re not utilized to comprehending crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d need to share

Present 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 type of blockchain based domain you can move it to wherever you desire whatever wallet you desire with ease okay so now let’s delve into my laptop computer and enter into the tutorial area of the video where i want to reveal you unstoppable domain names how to get a domain name how to establish a particular wallet so you can attach the domain name that you purchased to your wallet and so on so you can really comprehend how to properly use unstoppable domain so let’s begin welcome to my laptop let’s begin so this is unstoppable domains.com now to get started with this site is very simple you simply come here and after that you type in the domain name that you want right here and after that click on search now i want just wish to mention that they do have specific cost points for how many characters are in the domain that you wish to get so something over 8 characters will be 40 the smaller sized the domain name the more pricey it’s going to be so for example if i was come here and i key in my last name 2 400 uh i think i’ll pass but anyways let me go on and simply add this to cart for demonstration functions we’ll go to the carts and that’s it alright 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 versatile i like it’s that it’s not one of those unusual 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 entrance you want to utilize fine and that’s it and so when you’re all set then you’ll have your my domain list in your account therefore 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 you ‘d want to go through the process and actually claim uh your domain addresses because one then you really own it then 2 you can do whatever you desire with it if you wish to go sell it on some kind of like nft market you can proceed and do that fine 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 in fact move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you know it resembles a hot wallet i guess you understand this is you you haven’t claimed 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 name the first method is that you need to buy a claim with credits fee so that expenses uh at this time 40 per domain and so that’s pays for the gas charges you resemble what are gas charges look this the ethereum network you actually need 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 until august so then they’ll have a scaling service that makes it simple to claim however anyways to get going is really easy so we go here say if i wish to declare this one make a website.crypto we’ll declare with ethereum right there declare process started so now we have to send the code by e-mail so click that and so right over here we’ll jump 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 just highlight that best click copy paste there we go boom put that in alright terrific now you resemble 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 few 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 just going to utilize metamask so to get start with metamask is simple meta mask there we go all right so we click here then we want to download it now click that install metamask for chrome okay and let’s go on and contribute to chrome add extension and there we go all right so now the metamask app is set up on our internet browser so we just click get going we are new to metamask so here is where you have to establish a wallet a wallet is what you finish with your cryptocurrency Blockchain Domain Flipping