Blockchain Domain Reddit 2022

explain subjects of the cryptocurrency world…Blockchain Domain Reddit. utilizing examples 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 better than ens and what that means for people entering into the complicated crypto space prior to we actually get to comprehending the power of unstoppable domains the first thing we’ll require 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 assist you understand dns so dns means domain name service which is an elegant way of saying that it is an useful service which allows us human beings 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 probably familiar with ip addresses and those are precisely how a computer system at one end of the web knows how to talk particularly to another computer somewhere else and not simply scream it into the abyss that is the web when you enter google.com and you struck enter your computer sends out a message to your internet service provider stating yo where’s google the internet service provider finds out 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 bundle is then unpacked by your computer to reveal you the totality of the google.com web page utilizing complex mathematics and software application all of this

interaction happens behind the scenes but to you it’s easy and user friendly in fact if we had to key in 8.8.8.8 into the url bar instead of google.com a lot more individuals would be puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and nets because 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 mentioned other than it’s for ethereum ens stands for ethereum name service and basically lets me inform 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 don’t have 20 and you wish to support the channel do not hesitate to leave a like below it’s free and it rewards all our effort on this video and the past hundred that we have actually been really hard at work producing but anyways if you’re not utilized to comprehending crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d have to share

Present domain name register to launch 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 name you can transfer it to anywhere you desire whatever wallet you desire with ease all right so now let’s delve into my laptop computer 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 connect the domain name that you purchased to your wallet and so on so you can really understand how to correctly utilize unstoppable domain names so let’s begin welcome to my laptop let’s start so this is unstoppable domains.com now to start with this website is really easy you simply come here and after that you key in the domain name that you want right here and then click search now i want just want to mention that they do have particular rate points for the number of characters remain in the domain name that you wish to get so something over 8 characters will be 40 the smaller the domain the more costly it’s going to be so for example if i was come here and i key in my surname 2 400 uh i think i’ll pass however anyways let me proceed and just add this to haul for demonstration purposes we’ll go to the carts which’s it alright 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 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 however payment gateway you desire to use alright and that’s it and so when 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 reason why you ‘d desire to go through the procedure and actually declare uh your domain addresses due to the fact that one then you really own it then 2 you can do whatever you want 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 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 until you actually move the cryptocurrency from coinbase to your own wallet this is the exact same so this is on there this is you know it’s like a hot wallet i guess you understand this is you you haven’t declared it yet so it’s an iou that you own this and so i simply desire to briefly reference at the time of this video that there are a few ways to declare your domain name the first method is that you have to buy a claim with credits charge so that expenses uh at this time 40 per domain name and so that’s pays for the gas charges you’re like what are gas charges look this the ethereum network you really have to pay uh to move things on and off by means of gas fees number 2 is you can pay the gas charges 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 till august so then they’ll have a scaling option that makes it simple to claim however anyways to get started is really basic so we go here say if i want to claim this one make a website.crypto we’ll claim with ethereum right there claim procedure started so now we have to send out the code by email 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 just highlight that right click copy paste there we go boom put that in okay fantastic now you’re like whoa what do i do select 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 recommend 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 utilizing desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re simply going to use metamask so to begin with metamask is easy meta mask there we go all right so we click here then we want to download it now click that set up metamask for chrome alright and let’s proceed and add to chrome add extension and there we go alright so now the metamask app is set up on our web 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 do with your cryptocurrency Blockchain Domain Reddit