discuss topics of the cryptocurrency world…Crypto Domain Sales. using analogies stories and examples so that you can easily comprehend them in this video we are going to be describing what unstoppable domains is how they might be much better than ens and what that suggests for individuals entering into the complicated crypto space before we actually get to comprehending the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at whiteboard crypto we like using examples so that’s exactly what we’re going to be utilizing to help you comprehend dns so dns means domain service which is an elegant method of stating that it is an useful service which allows us humans to type in human understandable addresses into the search bar and after that it will automatically turn them into machine understandable 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 specifically to another computer elsewhere and not just yell it into the abyss that is the web when you enter google.com and you struck enter your computer system sends out 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 searching for them and after that grabs a package back to send to you now the bundle is then unpacked by your computer system to show you the whole of the google.com home page using complex math and software all of this
interaction occurs behind the scenes but 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 individuals would be confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and nets since it makes good 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 very same thing that i simply pointed out except it’s for ethereum ens represents ethereum name service and pretty much 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 do not have 20 and you wish to support the channel feel free 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 truly hard at work creating but anyways if you’re not used to understanding crypto the option to sharing white boards crypto.eth with someone is i ‘d have to share
Existing 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 move it to wherever you want whatever wallet you want with ease fine so now let’s delve into my laptop and enter the tutorial area of the video where i wish to reveal you unstoppable domain how to get a domain how to establish a specific wallet so you can attach the domain name that you bought to your wallet etc so you can truly comprehend how to effectively use unstoppable domain names so let’s get going welcome to my laptop computer let’s start so this is unstoppable domains.com now to get going with this site is extremely simple you simply come here and after that you key in the domain name that you desire right here and after that click on search now i desire simply want to mention that they do have particular price points for the number of characters remain in the domain 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 instance if i was come here and i type in my last name 2 400 uh i believe i’ll pass however anyways let me go on and just include this to cart for demonstration functions we’ll go to the carts which’s it all right and
then you click here checkout which’s it and so you can pay with a charge card paypal crypto or you can pay with the crypto.com app and i actually like i like that it’s flexible i like it’s that it’s not one of those unusual crypto websites where you need to pay in cryptocurrency or you need to purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you wish to utilize all right which’s it therefore when you’re all set then you’ll have your my domain 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 reason you ‘d wish to go through the procedure and really declare uh your domain addresses due to the fact that one then you actually own it then 2 you can do whatever you want with it if you want to go offer it on some kind of like nft market you can go ahead and do that fine so similar to when you buy any type of cryptocurrency from an exchange like uh coinbase for example what it is is just an iou it’s an iou up until 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 resembles a hot wallet i think you understand this is you you haven’t declared it yet so it’s an iou that you own this therefore i just wish to briefly reference at the time of this video that there are a couple of methods to declare your domain name the first way is that you have to acquire a claim with credits cost so that costs uh at this time 40 per domain therefore that’s spends 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 costs second 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 till august so then they’ll have a scaling solution that makes it easy to claim however anyways to get started is really easy so we go here state if i wish to claim this one make a website.crypto we’ll declare with ethereum right there claim procedure began so now we have to send out the code by email so click that therefore 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 best click copy paste there we go boom put that in fine fantastic now you resemble whoa what do i do select 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 couple of different wallets that they advise 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 simply going to use metamask so to start with metamask is simple meta mask there we go alright so we click here then we want to download it now click that set up metamask for chrome alright and let’s go on and add to chrome include extension and there we go all right 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 set up a wallet a wallet is what you finish with your cryptocurrency Crypto Domain Sales