explain subjects of the cryptocurrency world…Ethereum Domain Name Reddit. using examples stories and examples so that you can easily understand them in this video we are going to be explaining what unstoppable domains is how they might be better than ens and what that means for people entering the complex crypto area prior to we actually get to understanding the power of unstoppable domains the first thing we’ll need to do is understand dns here at white boards crypto we enjoy using examples so that’s precisely what we’re going to be using to help you understand dns so dns stands for domain service which is a fancy way of saying that it is a helpful service which enables us human beings to type in human readable addresses into the search bar and after that it will automatically turn them into maker readable 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 web knows how to talk specifically to another computer elsewhere 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 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 trying to find them and after that grabs a package back to send to you now the package is then unpacked by your computer to reveal you the whole of the google.com web page utilizing complicated math and software application all of this
communication occurs behind the scenes however to you it’s easy 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 do not speak in numbers or ip addresses we speak in dot coms dot orgs and nets because it makes sense to us so that’s basically what a dns is a translator for people to speak machine code next up let’s see how this works for crypto ens is essentially the very same thing that i simply discussed other than it’s for ethereum ens stands for ethereum name service and pretty much lets me tell you that whiteboardcrypto.eth is my wallet address so you can just 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 do not hesitate 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 have actually been actually hard at work creating however anyways if you’re not used to comprehending crypto the option to sharing whiteboard crypto.eth with somebody 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 register and so on uh when you have a dot crypto dot zill any kind of blockchain based domain name you can transfer it to anywhere you desire whatever wallet you want with ease fine so now let’s delve into my laptop computer and enter the tutorial section of the video where i wish to show you unstoppable domain names how to get a domain name how to set up a specific wallet so you can attach the domain that you purchased to your wallet and so on so you can truly understand how to appropriately utilize unstoppable domain so let’s get going welcome to my laptop let’s begin so this is unstoppable domains.com now to begin with this website is very simple you simply come here and after that you type in the domain that you desire right here and then click on search now i desire just want to point out that they do have specific price points for the number of characters remain in the domain name 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 key in my last name 2 400 uh i believe i’ll pass however anyways let me proceed and simply include this to cart for presentation purposes we’ll go to the carts which’s it fine 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 truly like i like that it’s versatile i like it’s that it’s not one of those odd 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 however payment entrance you want to use fine and that’s it and so as soon as 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 factor why you ‘d want to go through the process and really declare uh your domain addresses due to the fact that 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 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 in fact 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 understand this is you you haven’t claimed 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 couple of methods to claim your domain name the first way is that you have to acquire a claim with credits cost 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 charges look this the ethereum network you actually have to pay uh to move things on and off through gas costs number 2 is you can pay the gas costs 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 easy to claim but anyways to get started is very simple so we go here say if i desire to declare this one make a website.crypto we’ll claim with ethereum right there declare procedure began so now we have to send out 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 just highlight that best click copy paste there we go boom put that in fine 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 different wallets that they suggest 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 simply going to utilize metamask so to get going 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 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 begin we are brand-new to metamask so here is where you need to establish a wallet a wallet is what you make with your cryptocurrency Ethereum Domain Name Reddit