.Crypto Vs .Wallet Domain 2022

explain topics of the cryptocurrency world….Crypto Vs .Wallet Domain. utilizing examples stories and examples so that you can quickly 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 implies for individuals getting into the complex crypto area prior to we actually get to understanding the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we love using examples so that’s exactly what we’re going to be using to assist you comprehend dns so dns represents domain name service which is an expensive way of saying that it is a valuable service which enables us people to enter human readable addresses into the search bar and then it will instantly turn them into machine legible addresses so the majority of you are most likely acquainted with ip addresses and those are exactly how a computer system at one end of the web knows how to talk particularly to another computer system elsewhere and not simply shriek it into the void that is the web when you type in 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 discovers and goes to where google is tells them that you are looking for them and then grabs a bundle back to send out to you now the bundle is then unpacked by your computer system to show you the whole of the google.com web page utilizing complicated math and software application all of this

interaction takes place behind the scenes but to you it’s basic and user friendly in fact if we needed to enter 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 nets due to the fact that 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 essentially the exact same thing that i just mentioned other than it’s for ethereum ens stands for ethereum name service and practically 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 don’t have 20 and you wish to support the channel do not hesitate to leave a like below it’s complimentary and it rewards all our effort on this video and the past hundred that we’ve been really 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 name register etc uh when you have a dot crypto dot zill any type of blockchain based domain name you can move it to anywhere you desire whatever wallet you desire with ease okay so now let’s delve into my laptop computer and enter the tutorial area of the video where i wish to show you unstoppable domain names how to get a domain name how to establish a particular wallet so you can attach the domain that you bought to your wallet etc so you can actually understand how to effectively utilize unstoppable domain so let’s get started welcome to my laptop computer let’s start so this is unstoppable domains.com now to start with this site is extremely simple you just come here and after that you key in the domain name that you want right here and after that click search now i desire simply wish to mention that they do have particular rate points for the number of characters remain in the domain that you want to get so something over 8 characters will be 40 the smaller the domain name the more costly it’s going to be so for example if i was come here and i enter my last name 2 400 uh i believe i’ll pass but anyways let me go ahead and simply include this to cart for demonstration functions 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 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 buy unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you want to use okay 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 want to go through the process and really declare uh your domain addresses since one then you in fact own it then two you can do whatever you want with it if you want to go offer it on some type of like nft marketplace 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 simply an iou it’s an iou until you actually move the cryptocurrency from coinbase to your own wallet this is the very 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 just want to briefly reference at the time of this video that there are a few ways to declare your domain name the very first way is that you have to buy a claim with credits cost 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 via gas charges number two is you can pay the gas fees 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 until august so then they’ll have a scaling service that makes it simple to claim however anyways to get begun is extremely simple so we go here say if i want to declare this one make a website.crypto we’ll declare with ethereum right there claim process began so now we have to send out the code by e-mail 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 just highlight that ideal click copy paste there we go boom put that in all right excellent now you’re like whoa what do i do choose 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 various wallets that they recommend 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 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 get start 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 fine and let’s go ahead and contribute to chrome include extension and there we go fine so now the metamask app is set up on our internet browser so we simply click get started 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 Vs .Wallet Domain