Blockchain Domain Meaning 2022

describe subjects of the cryptocurrency world…Blockchain Domain Meaning. utilizing 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 before 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 love utilizing examples so that’s precisely what we’re going to be using to help you understand dns so dns stands for domain service which is an expensive method of saying that it is an useful service which enables us humans to key in human understandable addresses into the search bar and then it will automatically turn them into machine understandable addresses so most of you are most likely knowledgeable about ip addresses and those are exactly how a computer at one end of the web knows how to talk specifically to another computer somewhere else and not simply shriek it into the abyss that is the web when you type in 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 looking for them and after that gets a package back to send out to you now the package is then unpacked by your computer to show you the entirety of the google.com home page using complicated mathematics and software all of this

communication happens behind the scenes but to you it’s easy and easy to use in fact if we had to type in 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 due to the fact that it makes good sense to us so that’s basically 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 just discussed except it’s for ethereum ens stands for 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 desire by the way if you don’t have 20 and you want to support the channel feel free to leave a like listed below it’s free and it rewards all our hard work on this video and the past hundred that we’ve been truly hard at work developing but anyways if you’re not used to comprehending crypto the option to sharing whiteboard crypto.eth with someone is i ‘d need to share

Current domain name register to release domain or in order to move it over to this other domain register etc uh when you have a dot crypto dot zill any kind of blockchain based domain you can transfer it to anywhere you desire whatever wallet you desire with ease all right so now let’s jump into my laptop and enter into the tutorial area of the video where i want to show you unstoppable domain names how to get a domain how to set up a particular wallet so you can connect the domain that you bought to your wallet and so on so you can actually comprehend how to correctly utilize unstoppable domain so let’s get going welcome to my laptop computer let’s start so this is unstoppable domains.com now to begin with this website is extremely easy you simply come here and then you enter the domain that you desire right here and after that click search now i want just wish to point out that they do have specific cost points for the number of characters are in the domain name that you want to get so something over 8 characters will be 40 the smaller the domain name the more costly 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 however anyways let me proceed and simply add this to haul for presentation functions we’ll go to the carts and that’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 actually like i like that it’s versatile 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 nevertheless payment gateway you want 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 website dot crypto and that’s it how to claim your crypto domain address now the factor why you ‘d want to go through the process and in fact declare uh your domain addresses due to the fact that one then you really 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 fine so simply 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 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 understand 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 ways to claim your domain name the very first method is that you have to purchase a claim with credits charge 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 actually have to pay uh to move things on and off by means of gas charges number 2 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 just wait until august so then they’ll have a scaling solution that makes it simple to claim however anyways to get begun is extremely basic so we go here say if i desire to declare this one make a website.crypto we’ll claim with ethereum right there declare 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 strike 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 right click copy paste there we go boom put that in all right excellent 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 few different wallets that they suggest 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 use metamask so to get start with metamask is easy meta mask there we go okay so we click here then we wish to download it now click on that install metamask for chrome alright 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 internet browser so we just click start we are new to metamask so here is where you need to set up a wallet a wallet is what you do with your cryptocurrency Blockchain Domain Meaning