.Crypto Domain Benefits 2022

describe topics of the cryptocurrency world….Crypto Domain Benefits. using analogies stories and examples so that you can quickly 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 implies for people entering the complicated crypto space prior to 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 exactly what we’re going to be using to help you comprehend dns so dns stands for domain name service which is a fancy method of saying that it is a helpful service which enables us human beings to enter human legible addresses into the search bar and after that it will instantly turn them into machine understandable addresses so the majority of you are probably knowledgeable about ip addresses and those are exactly how a computer at one end of the internet knows how to talk specifically to another computer elsewhere and not simply shout it into the abyss that is the web when you key in google.com and you hit enter your computer sends out a message to your internet service provider stating 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 then gets a package back to send out to you now the plan is then unpacked by your computer to reveal you the totality of the google.com web page utilizing complicated math and software all of this

interaction happens behind the scenes but to you it’s easy and user friendly 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 confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and webs due to the fact that it makes sense to us so that’s basically 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 simply discussed except it’s for ethereum ens stands for ethereum name service and pretty much lets me tell you that whiteboardcrypto.eth is my wallet address so you can just type that in and pay me 20 if you want by the way if you do not have 20 and you want to support the channel feel free 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 have actually been truly hard at work creating however anyways if you’re not used to comprehending crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d need to share

Present domain register to launch domain or in order to move it over to this other domain register etc uh when you have a dot crypto dot zill any type of blockchain based domain name you can transfer it to wherever you desire whatever wallet you desire with ease fine so now let’s delve into my laptop computer and enter the tutorial section of the video where i want to reveal you unstoppable domain names how to get a domain how to set up a particular wallet so you can attach the domain that you purchased to your wallet and so on so you can really comprehend how to properly use 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 extremely simple you simply come here and then you type in the domain name that you want right here and then click on search now i want just want to point out that they do have particular cost points for how many characters remain in the domain that you wish to get so something over 8 characters will be 40 the smaller sized the domain the more expensive it’s going to be so for example if i was come here and i enter my last name 2 400 uh i think i’ll pass however anyways let me proceed and just include this to haul for presentation functions we’ll go to the carts and that’s it fine and

then you click here checkout which’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 strange crypto websites where you have to pay in cryptocurrency or you need to buy unstoppable coin then exchange it or whatever no you can pay with however payment entrance you wish to utilize okay and that’s it therefore as soon as you’re all set then you’ll have your my domain name list in your account therefore we have right down there so i own my name dot crypto and make a site dot crypto which’s it how to declare your crypto domain address now the reason you ‘d wish to go through the procedure and actually declare uh your domain addresses due to the fact that one then you really own it then two you can do whatever you desire with it if you wish to go sell it on some type of like nft market you can proceed and do that alright so much like when you purchase any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is just 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 know it’s like a hot wallet i guess you know this is you you have not declared 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 ways to declare your domain name the first method is that you need to purchase a claim with credits charge so that costs uh at this time 40 per domain and so that’s pays for the gas charges you’re like what are gas fees look this the ethereum network you really have to pay uh to move things on and off via gas charges number two is you can pay the gas charges directly from your own wallet so if you already have a wallet established and you have ethereum in there you can pay with your own ethereum or you can just wait up until august so then they’ll have a scaling service that makes it easy to claim but anyways to begin is really easy so we go here say if i wish to claim this one make a website.crypto we’ll declare with ethereum right there claim process started so now we need to send the code by e-mail so click that and so right over here we’ll leap over here and await 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 fine excellent now you resemble 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 couple of various wallets that they suggest 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 using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re just going to use metamask so to begin with metamask is simple meta mask there we go fine so we click here then we wish to download it now click on that install metamask for chrome alright and let’s go ahead and add to chrome include extension and there we go all right so now the metamask app is set up on our internet browser so we simply click get going we are new to metamask so here is where you have to set up a wallet a wallet is what you finish with your cryptocurrency .Crypto Domain Benefits