Domain Money Crypto 2022

explain subjects of the cryptocurrency world…Domain Money Crypto. utilizing examples stories and examples so that you can quickly comprehend them in this video we are going to be explaining what unstoppable domains is how they might be better than ens and what that suggests for people getting into the complex crypto area before we in fact get to understanding the power of unstoppable domains the first thing we’ll need to do is understand dns here at whiteboard crypto we like using examples so that’s exactly what we’re going to be using to help you comprehend dns so dns represents domain name service which is an expensive way of saying that it is an useful service which enables us people to key in human readable addresses into the search bar and after that it will instantly turn them into maker legible addresses so the majority of you are most likely acquainted 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 system elsewhere and not just shout it into the abyss that is the web when you type in google.com and you struck enter your computer sends 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 after that gets a package back to send out to you now the plan is then unpacked by your computer system to reveal you the totality of the google.com web page utilizing complex mathematics and software application all of this

communication happens behind the scenes however to you it’s simple and user friendly 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 puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and webs since it makes sense to us so that’s essentially 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 same thing that i just pointed out other than it’s for ethereum ens represents ethereum name service and pretty much lets me tell you that whiteboardcrypto.eth is my wallet address so you can simply type that in and pay me 20 if you desire by the way if you don’t 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’ve been truly hard at work developing however anyways if you’re not utilized to understanding crypto the option to sharing whiteboard crypto.eth with someone is i ‘d need to share

Current domain name register to release domain name or in order to move it over to this other domain name register and so on uh when you have a dot crypto dot zill any kind of blockchain based domain you can transfer it to anywhere you want whatever wallet you want with ease all right so now let’s jump into my laptop computer and enter into the guide area of the video where i want to show you unstoppable domain names how to get a domain how to set up a specific wallet so you can connect the domain that you bought to your wallet etc so you can truly understand how to appropriately use unstoppable domain names so let’s start welcome to my laptop computer let’s start so this is unstoppable domains.com now to begin with this website is very easy you simply come here and then you enter the domain name that you desire right here and after that click search now i want just want to mention that they do have specific price points for the number of characters are in the domain name that you want to get so something over 8 characters will be 40 the smaller the domain name the more expensive it’s going to be so for example if i was come here and i type in my surname 2 400 uh i think i’ll pass but anyways let me proceed and just include this to cart for demonstration 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 sites where you have to pay in cryptocurrency or you need to buy unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you want to utilize fine which’s it therefore once 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 website dot crypto and that’s it how to claim your crypto domain address now the reason why you ‘d wish to go through the procedure and really declare uh your domain addresses due to the fact that one then you really own it then 2 you can do whatever you want with it if you wish to go offer it on some type of like nft marketplace you can go ahead and do that fine so much like 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 till 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 understand this is you you haven’t declared it yet so it’s an iou that you own this and so i simply want to briefly reference at the time of this video that there are a couple of ways to declare your domain name the very first way is that you need to buy a claim with credits cost so that expenses uh at this time 40 per domain name therefore that’s spends for the gas costs you resemble what are gas fees look this the ethereum network you really have 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 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 option that makes it easy to claim however anyways to get going is extremely simple 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 started so now we need to send out the code by e-mail so click that therefore 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 just highlight that right click copy paste there we go boom put that in fine terrific now you resemble 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

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 just going to utilize metamask so to get start with metamask is simple meta mask there we go all right so we click on this link then we want to download it now click on that set up metamask for chrome alright and let’s proceed and contribute to chrome add extension and there we go all right so now the metamask app is installed on our 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 make with your cryptocurrency Domain Money Crypto