discuss topics of the cryptocurrency world….Nft Domain Name. using examples stories and examples so that you can easily comprehend them in this video we are going to be explaining what unstoppable domains is how they might be much better than ens and what that suggests for individuals getting into the complex crypto area prior to we really get to understanding 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 exactly what we’re going to be utilizing to assist you comprehend dns so dns stands for domain name service which is an expensive way of stating that it is a handy service which enables us humans to enter human understandable addresses into the search bar and then it will instantly turn them into machine understandable addresses so most of you are most likely acquainted with ip addresses and those are exactly how a computer at one end of the web knows how to talk specifically to another computer system elsewhere and not just scream it into the abyss that is the web when you type in google.com and you hit enter your computer sends out 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 looking for them and then grabs a bundle back to send out to you now the package is then unpacked by your computer system to show you the entirety of the google.com web page utilizing complex mathematics and software application all of this
interaction happens behind the scenes however to you it’s easy 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 people would be confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and webs because it makes sense to us so that’s essentially what a dns is a translator for people to speak machine code next up let’s see how this works for crypto ens is basically the same thing that i just mentioned except it’s for ethereum ens represents ethereum name service and pretty much lets me inform you that whiteboardcrypto.eth is my wallet address so you can merely 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 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 have actually been really hard at work producing however anyways if you’re not utilized to understanding crypto the option to sharing white boards crypto.eth with somebody is i ‘d have to share
Current domain name register to launch domain or in order to move it over to this other domain name register etc uh when you have a dot crypto dot zill any type of blockchain based domain name you can move it to anywhere you desire whatever wallet you desire with ease all right so now let’s jump into my laptop and enter into the tutorial area of the video where i want to reveal you unstoppable domain names how to get a domain how to set up a specific wallet so you can connect the domain that you purchased to your wallet and so on so you can actually understand how to effectively use unstoppable domain names so let’s get going welcome to my laptop computer let’s start so this is unstoppable domains.com now to get going with this site is very simple you just come here and after that you key in the domain name that you want right here and then click search now i want just wish to discuss that they do have particular price 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 the more pricey it’s going to be so for instance if i was come here and i type in my surname 2 400 uh i think i’ll pass but anyways let me go ahead and simply add this to cart for demonstration 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 actually like i like that it’s versatile i like it’s that it’s not one of those weird 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 gateway you desire to utilize all right 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 site dot crypto and that’s it how to declare your crypto domain address now the reason why you ‘d want to go through the procedure and actually declare uh your domain addresses due to the fact that one then you actually 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 fine so just 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 until you in fact move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you understand it’s like a hot wallet i guess you know this is you you have not declared it yet so it’s an iou that you own this and so i simply desire to briefly mention at the time of this video that there are a couple of methods to claim your domain name the first method is that you have to purchase 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 costs look this the ethereum network you in fact have to pay uh to move things on and off via gas fees number 2 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 up until august so then they’ll have a scaling solution that makes it simple to claim but anyways to get started is extremely basic so we go here state if i desire to declare this one make a website.crypto we’ll claim 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 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 simply highlight that ideal click copy paste there we go boom put that in okay fantastic now you’re like 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 particularly for ethereum now there are a few various wallets that they suggest 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 simply going to utilize metamask so to get start with metamask is easy meta mask there we go alright so we click here then we want to download it now click on that install metamask for chrome okay and let’s proceed and add to chrome include extension and there we go okay so now the metamask app is set up on our web browser so we just click on get going we are new to metamask so here is where you need to establish a wallet a wallet is what you do with your cryptocurrency .Nft Domain Name