Domain On Blockchain 2022

explain topics of the cryptocurrency world…Domain On Blockchain. using analogies stories and examples so that you can quickly 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 suggests for individuals entering into the complex crypto area before we really get to comprehending the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we like using examples so that’s precisely what we’re going to be utilizing to help you comprehend dns so dns represents domain name service which is an expensive method of saying that it is an useful service which allows us human beings to key in human legible addresses into the search bar and after that it will instantly turn them into machine readable addresses so most of you are probably acquainted with ip addresses and those are exactly how a computer at one end of the web understands how to talk particularly to another computer somewhere else and not simply scream it into the void that is the web when you type in google.com and you hit enter your computer system 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 searching for them and then grabs a plan back to send out to you now the package is then unpacked by your computer system to reveal you the totality of the google.com home page using complex mathematics and software application all of this

interaction happens behind the scenes but to you it’s simple and user friendly 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 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 just mentioned except it’s for ethereum ens represents ethereum name service and basically lets me inform 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 want to support the channel feel free to leave a like listed below it’s totally free and it rewards all our hard work on this video and the past hundred that we’ve been really hard at work creating but anyways if you’re not utilized to comprehending crypto the option to sharing white boards crypto.eth with someone is i ‘d have to share

Existing domain 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 transfer it to wherever you want whatever wallet you want with ease all right so now let’s jump into my laptop computer and enter the guide area of the video where i want to reveal you unstoppable domain names how to get a domain name how to establish a specific wallet so you can attach the domain name that you purchased to your wallet and so on so you can really understand how to properly use unstoppable domain names so let’s begin welcome to my laptop let’s begin so this is unstoppable domains.com now to get going with this site is extremely simple you simply come here and then you key in the domain name that you desire right here and then click search now i desire simply want to discuss that they do have particular price points for the number of characters are in the domain 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 instance if i was come here and i enter my last name 2 400 uh i believe i’ll pass however anyways let me go ahead and just add this to haul for demonstration purposes we’ll go to the carts and that’s it all right 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 really like i like that it’s versatile i like it’s that it’s not one of those strange crypto websites 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 fine 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 claim your crypto domain address now the reason why you ‘d want to go through the process and in fact claim uh your domain addresses due to the fact that one then you in fact own it then 2 you can do whatever you want with it if you want to go offer it on some type of like nft market you can go ahead and do that okay so simply like when you buy any type of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou up until you actually move the cryptocurrency from coinbase to your own wallet this is the exact 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 claimed 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 methods to claim your domain name the very first way is that you have to acquire a claim with credits fee so that expenses uh at this time 40 per domain name and so that’s pays for the gas costs you’re like what are gas fees look this the ethereum network you in fact have to pay uh to move things on and off via gas charges number 2 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 up until august so then they’ll have a scaling service that makes it simple to claim however anyways to get started is extremely basic so we go here state if i want to declare this one make a website.crypto we’ll declare with ethereum right there declare 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 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 best click copy paste there we go boom put that in all right 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 recommend 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 get start with metamask is simple meta mask there we go fine so we click on this link then we wish to download it now click on that set up metamask for chrome all right and let’s go on and add to chrome add extension and there we go alright so now the metamask app is installed on our browser so we just click on start we are new to metamask so here is where you need to establish a wallet a wallet is what you make with your cryptocurrency Domain On Blockchain