explain subjects of the cryptocurrency world…Namecoin To Dollar. using examples stories and examples so that you can easily comprehend them in this video we are going to be discussing what unstoppable domains is how they might be much better than ens and what that implies for individuals getting into the complicated crypto space before we in fact get to understanding the power of unstoppable domains the first thing we’ll require to do is understand dns here at white boards crypto we like utilizing examples so that’s exactly what we’re going to be utilizing to assist you comprehend dns so dns means domain service which is an elegant method of saying that it is a practical service which allows us human beings to enter human legible addresses into the search bar and after that it will instantly turn them into maker understandable addresses so the majority of you are probably acquainted with ip addresses and those are precisely how a computer at one end of the internet understands how to talk specifically to another computer system somewhere else and not just yell it into the void that is the web when you key 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 finds out and goes to where google is tells them that you are searching for them and after that grabs a plan back to send out to you now the package is then unpacked by your computer to show you the entirety of the google.com web page utilizing complex math and software all of this
communication happens behind the scenes but to you it’s simple and user friendly in fact if we had to type in 8.8.8.8 into the url bar instead of google.com a lot more people 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 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 exact same thing that i simply mentioned except 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 simply 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 effort on this video and the past hundred that we’ve been really hard at work producing but anyways if you’re not utilized to understanding crypto the alternative to sharing white boards 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 register and so on uh when you have a dot crypto dot zill any type of blockchain based domain name you can transfer it to wherever you want whatever wallet you want with ease alright 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 name how to set up a particular wallet so you can attach the domain name that you purchased to your wallet etc so you can actually understand how to properly use unstoppable domain names so let’s get started welcome to my laptop computer let’s start so this is unstoppable domains.com now to begin with this site is extremely basic you just come here and then you enter the domain that you want right here and then click on search now i want simply wish to point out that they do have particular cost points for the number of characters are in the domain that you wish 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 type in my surname 2 400 uh i believe i’ll pass however anyways let me go on and just add this to haul for presentation purposes we’ll go to the carts which’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 actually like i like that it’s flexible i like it’s that it’s not one of those odd 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 entrance you desire to use alright 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 claim your crypto domain address now the factor why you ‘d want to go through the procedure and in fact declare uh your domain addresses since one then you really own it then 2 you can do whatever you desire with it if you want to go sell it on some type of like nft market you can go ahead and do that alright so just 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 until you really move the cryptocurrency from coinbase to your own wallet this is the exact same so this is on there this is you understand it’s like a hot wallet i think you understand this is you you haven’t claimed it yet so it’s an iou that you own this and so i simply desire to briefly reference at the time of this video that there are a couple of methods to claim your domain name the very first method 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 fees 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 costs number two is you can pay the gas fees 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 until august so then they’ll have a scaling solution that makes it simple to claim however anyways to get started is extremely easy so we go here state if i desire to declare this one make a website.crypto we’ll declare with ethereum right there claim process began so now we have to send the code by e-mail so click that and so right over here we’ll leap 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 simply highlight that right click copy paste there we go boom put that in fine 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 particularly for ethereum now there are a couple of various wallets that they recommend 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 use metamask so to get going with metamask is easy meta mask there we go okay so we click here then we wish to download it now click that install metamask for chrome all right and let’s go on and add to chrome include extension and there we go alright so now the metamask app is installed on our internet browser so we just click get going we are brand-new to metamask so here is where you need to set up a wallet a wallet is what you make with your cryptocurrency Namecoin To Dollar