Cryptocurrency Domains 2022

discuss subjects of the cryptocurrency world…Cryptocurrency Domains. utilizing examples stories and examples so that you can quickly understand them in this video we are going to be explaining what unstoppable domains is how they might be much better than ens and what that implies for people entering the complicated crypto area before we in fact get to comprehending the power of unstoppable domains the first thing we’ll need to do is understand dns here at whiteboard crypto we love using examples so that’s exactly what we’re going to be utilizing to help you understand dns so dns means domain name service which is a fancy way of saying that it is an useful service which permits us humans to key in human readable addresses into the search bar and then it will instantly turn them into machine understandable addresses so most of you are probably familiar with ip addresses and those are precisely how a computer system at one end of the internet knows how to talk specifically to another computer somewhere else and not simply yell it into the void 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 searching for them and after that grabs a bundle back to send out to you now the package is then unpacked by your computer to show you the entirety of the google.com home page using complex mathematics and software application all of this

communication happens behind the scenes but to you it’s simple 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 individuals would be confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and webs because it makes good 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 exact same thing that i simply pointed out except it’s for ethereum ens means 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 do not 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 have actually been truly hard at work producing but anyways if you’re not used to understanding crypto the alternative to sharing white boards crypto.eth with someone is i ‘d need to share

Present domain name register to release domain name or in order to move it over to this other domain name register etc uh when you have a dot crypto dot zill any kind of blockchain based domain name you can move it to wherever you desire whatever wallet you desire with ease fine so now let’s jump into my laptop computer and get into the guide section of the video where i wish to reveal you unstoppable domain names how to get a domain name how to establish a particular wallet so you can connect the domain that you bought to your wallet etc so you can really understand how to appropriately use unstoppable domain so let’s start welcome to my laptop computer let’s start so this is unstoppable domains.com now to get going with this site is really basic you simply come here and then you enter the domain that you want right here and then click on search now i want simply want to discuss that they do have specific 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 sized 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 think i’ll pass however anyways let me proceed and just include this to haul for presentation functions we’ll go to the carts which’s it fine and

then you click here checkout and that’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 versatile i like it’s that it’s not one of those odd crypto sites where you have to pay in cryptocurrency or you need to purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment entrance you wish to use okay which’s it and so as soon as 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 site dot crypto which’s it how to claim your crypto domain address now the reason that you ‘d wish to go through the procedure and actually declare uh your domain addresses because one then you actually own it then two you can do whatever you desire with it if you want to go offer it on some kind of like nft marketplace you can go ahead and do that alright so much 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 same so this is on there this is you know it’s like a hot wallet i guess you know this is you you haven’t declared it yet so it’s an iou that you own this therefore i just wish to briefly mention at the time of this video that there are a few methods to declare your domain the first way is that you need to purchase a claim with credits charge so that costs uh at this time 40 per domain name and so that’s spends for the gas costs you’re like what are gas charges look this the ethereum network you really need to pay uh to move things on and off by means of gas charges second is you can pay the gas costs straight from your own wallet so if you currently have a wallet set up 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 option that makes it easy to claim but anyways to get started is extremely basic so we go here state if i want to claim this one make a website.crypto we’ll declare with ethereum right there declare process 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 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 simply highlight that ideal click copy paste there we go boom put that in all right great now you’re like whoa what do i do select wallet for claiming 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 utilizing desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re simply going to utilize metamask so to start with metamask is simple meta mask there we go okay so we click on this link then we want to download it now click that set up metamask for chrome fine and let’s proceed and contribute to chrome add extension and there we go all right so now the metamask app is set up on our browser so we simply click get going we are new to metamask so here is where you need to set up a wallet a wallet is what you finish with your cryptocurrency Cryptocurrency Domains