explain subjects of the cryptocurrency world…Crypto.Com Domain. using analogies 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 better than ens and what that indicates for people getting into the complex crypto area prior to we really get to understanding 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 assist you understand dns so dns means domain service which is an elegant way of saying that it is an useful service which permits us human beings to enter human readable addresses into the search bar and then it will automatically turn them into maker readable 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 particularly to another computer system elsewhere and not just scream it into the void that is the web when you enter google.com and you struck enter your computer system 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 trying to find them and after that grabs a bundle back to send to you now the plan is then unpacked by your computer to show you the whole of the google.com home page utilizing complicated mathematics and software all of this
interaction takes place behind the scenes however to you it’s simple and easy to use in fact if we needed to type in 8.8.8.8 into the url bar instead of google.com a lot more people would be puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and internet since it makes sense to us so that’s basically what a dns is a translator for humans to speak machine code next up let’s see how this works for crypto ens is basically the exact same thing that i simply discussed except 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 desire by the way if you don’t have 20 and you want to support the channel do not hesitate to leave a like below it’s complimentary and it rewards all our hard work on this video and the past hundred that we’ve been actually hard at work developing but anyways if you’re not used to understanding crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d need to share
Existing domain register to launch domain 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 desire with ease fine so now let’s delve into my laptop and enter into the guide section of the video where i want to show you unstoppable domain names how to get a domain name how to establish a particular wallet so you can connect the domain name that you bought to your wallet and so on so you can actually comprehend how to properly utilize unstoppable domain names so let’s get going welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get going with this website is extremely simple you just come here and after that you type in the domain that you desire right here and after that click on search now i want simply wish to mention that they do have specific price points for how many characters are in the domain that you want to get so something over 8 characters will be 40 the smaller the domain the more expensive 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 proceed and just include 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 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 buy unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you want to use alright 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 declare your crypto domain address now the reason why you ‘d desire to go through the procedure and in fact declare uh your domain addresses due to the fact that one then you really own it then 2 you can do whatever you desire with it if you desire to go sell it on some type of like nft market 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 up until you in fact move the cryptocurrency from coinbase to your own wallet this is the exact 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 want to briefly mention at the time of this video that there are a few methods to declare your domain name the very first way is that you have to buy 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 fees look this the ethereum network you in fact have to pay uh to move things on and off by means of gas fees number two is you can pay the gas costs straight 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 just wait until august so then they’ll have a scaling service that makes it easy to claim however anyways to get begun is really easy so we go here say if i want to declare this one make a website.crypto we’ll claim with ethereum right there claim process began so now we have to send the code by email 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 simply highlight that right click copy paste there we go boom put that in alright great 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 specifically 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 just going to use metamask so to get going with metamask is simple meta mask there we go fine so we click here then we want to download it now click that install metamask for chrome okay and let’s go on and add to chrome include extension and there we go alright so now the metamask app is set up on our browser so we simply click on start we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you do with your cryptocurrency Crypto.Com Domain