Crypto Domain Uses 2022

explain subjects of the cryptocurrency world…Crypto Domain Uses. using examples 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 means for people getting into the complex crypto space before we really get to comprehending the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at white boards crypto we love using examples so that’s precisely what we’re going to be using to help you comprehend dns so dns represents domain name service which is an elegant method of stating that it is a practical service which enables us humans to key in human understandable addresses into the search bar and after that it will instantly turn them into maker legible addresses so most of you are most likely acquainted with ip addresses and those are exactly how a computer at one end of the internet understands how to talk specifically to another computer system somewhere else and not simply scream it into the abyss that is the web when you key in google.com and you hit 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 looking for them and then gets a package back to send to you now the package is then unpacked by your computer system to reveal you the whole of the google.com web page utilizing complicated math 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 had to enter 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 webs due to the fact that it makes 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 very same thing that i simply mentioned except it’s for ethereum ens stands for 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 desire by the way if you do not have 20 and you want to support the channel feel free to leave a like below it’s totally free and it rewards all our hard work on this video and the past hundred that we’ve been actually hard at work producing but anyways if you’re not utilized to comprehending crypto the option to sharing whiteboard crypto.eth with someone is i ‘d need to share

Existing domain register to release domain name 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 move it to anywhere you want whatever wallet you desire with ease fine so now let’s jump into my laptop computer and enter the tutorial section of the video where i wish to reveal you unstoppable domain names how to get a domain how to set up a particular wallet so you can connect the domain that you purchased to your wallet and so on so you can really comprehend how to appropriately utilize unstoppable domain so let’s begin welcome to my laptop computer let’s start so this is unstoppable domains.com now to get started with this site is extremely basic you just come here and then you key in the domain that you desire right here and then click on search now i want simply wish to point out that they do have specific price points for how many characters remain in the domain name that you want to get so something over 8 characters will be 40 the smaller the domain name the more pricey it’s going to be so for instance if i was come here and i enter my surname 2 400 uh i think i’ll pass however anyways let me go on and just add this to cart for demonstration purposes we’ll go to the carts and that’s it okay 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 flexible 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 entrance you want to utilize 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 site dot crypto and that’s it how to declare your crypto domain address now the reason why you ‘d want to go through the process and in fact declare uh your domain addresses because one then you actually own it then 2 you can do whatever you desire with it if you want to go offer it on some type of like nft market you can go ahead and do that all right so just like when you purchase any type of cryptocurrency from an exchange like uh coinbase for example what it is is just an iou it’s an iou until you in fact 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 simply desire to briefly mention at the time of this video that there are a few ways to declare your domain name the very first method is that you have to purchase a claim with credits fee 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 really have to pay uh to move things on and off via gas costs number 2 is you can pay the gas fees 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 simply wait till august so then they’ll have a scaling option that makes it simple to claim however anyways to get begun is extremely simple 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 began so now we have to send the code by email so click that and so right over here we’ll jump 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 simply highlight that right click copy paste there we go boom put that in alright terrific 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 various wallets that they advise 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 get start with metamask is easy meta mask there we go fine so we click here then we wish to download it now click on that set up metamask for chrome okay and let’s go on and contribute to chrome add extension and there we go fine so now the metamask app is set up on our browser so we simply click on get started 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 Uses