describe topics of the cryptocurrency world…Is An Unstoppable Domain Worth It?. using examples stories and examples so that you can quickly understand them in this video we are going to be describing what unstoppable domains is how they might be better than ens and what that implies for individuals entering the complex crypto space before 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 utilizing to help you understand dns so dns stands for domain service which is an expensive method of saying that it is a helpful service which permits us people to key in human legible addresses into the search bar and then it will automatically turn them into device understandable addresses so most of you are most likely knowledgeable about ip addresses and those are precisely how a computer at one end of the internet understands 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 system sends out 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 searching for them and after that gets a bundle back to send to you now the bundle is then unpacked by your computer system to show you the entirety of the google.com home page using complex math and software all of this
communication happens behind the scenes but to you it’s simple and easy to use in fact if we had to key in 184.108.40.206 into the url bar instead of google.com a lot more people would be confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and internet since it makes 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 basically the very same thing that i simply discussed 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 merely type that in and pay me 20 if you want by the way if you do not 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 have actually been actually hard at work developing but anyways if you’re not utilized to comprehending crypto the option to sharing whiteboard crypto.eth with somebody is i ‘d have to share
Current domain register to release domain or in order to move it over to this other domain register etc uh when you have a dot crypto dot zill any kind of blockchain based domain name you can transfer it to any place you want whatever wallet you want with ease okay so now let’s delve into my laptop and enter the guide section of the video where i wish to reveal you unstoppable domain how to get a domain name how to establish a particular wallet so you can connect the domain that you purchased to your wallet and so on so you can actually comprehend how to effectively utilize unstoppable domain so let’s start welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get going with this website is extremely simple you just come here and then you type in the domain that you want right here and after that click search now i want simply wish to mention that they do have particular rate points for how many characters are in the domain name that you wish 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 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 go ahead and simply add this to cart for demonstration functions we’ll go to the carts and that’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 really 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 have to buy unstoppable coin then exchange it or whatever no you can pay with however payment gateway 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 site dot crypto and that’s it how to declare your crypto domain address now the factor why you ‘d want to go through the process and actually declare uh your domain addresses due to the fact that one then you really own it then two you can do whatever you want with it if you want to go sell it on some type of like nft market you can go ahead and do that fine so simply like when you purchase any type of cryptocurrency from an exchange like uh coinbase for example what it is is just an iou it’s an iou up until you in fact 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 think you understand this is you you have not 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 few ways to claim your domain name the very first way is that you have to buy a claim with credits cost so that costs 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 in fact have to pay uh to move things on and off via gas fees 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 started is very simple so we go here say if i desire to declare this one make a website.crypto we’ll declare with ethereum right there declare process started 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 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 ideal click copy paste there we go boom put that in all right terrific 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 specifically for ethereum now there are a few various 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 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 easy meta mask there we go alright so we click on this link then we want to download it now click on that install metamask for chrome okay and let’s go on and contribute to chrome include extension and there we go alright so now the metamask app is installed on our web 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 finish with your cryptocurrency Is An Unstoppable Domain Worth It?