Unstoppable Domains Investors 2022

describe topics of the cryptocurrency world…Unstoppable Domains Investors. utilizing analogies stories and examples so that you can easily understand them in this video we are going to be describing what unstoppable domains is how they might be much better than ens and what that implies for people getting into the complicated crypto space before we actually get to comprehending the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we love 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 a fancy way of saying that it is a practical service which enables us human beings to enter human legible addresses into the search bar and after that it will instantly turn them into machine understandable addresses so the majority of you are probably knowledgeable about ip addresses and those are exactly how a computer at one end of the internet knows how to talk specifically to another computer system elsewhere and not just shriek it into the void that is the web when you enter google.com and you struck enter your computer 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 then gets a bundle back to send to you now the plan is then unpacked by your computer to show you the totality of the google.com home page utilizing complex mathematics and software all of this

interaction occurs behind the scenes but to you it’s basic and easy to use in fact if we needed to enter 8.8.8.8 into the url bar instead of google.com a lot more people would be confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and nets since it makes good 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 basically the exact same thing that i simply discussed except it’s for ethereum ens means ethereum name service and basically 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 do not hesitate to leave a like listed below it’s complimentary and it rewards all our hard work on this video and the past hundred that we’ve been truly hard at work creating however anyways if you’re not utilized to understanding crypto the alternative to sharing white boards crypto.eth with somebody is i ‘d have to share

Existing 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 kind of blockchain based domain you can transfer it to wherever you want whatever wallet you desire with ease fine so now let’s jump into my laptop computer and enter the guide section of the video where i wish to show you unstoppable domain how to get a domain how to set up a particular wallet so you can attach the domain that you bought to your wallet etc so you can truly comprehend how to effectively use unstoppable domain so let’s begin welcome to my laptop let’s begin so this is unstoppable domains.com now to begin with this site is really simple you simply come here and then you enter the domain name that you want right here and after that click on search now i desire simply wish to mention that they do have specific cost points for how many characters are in the domain name that you want to get so something over 8 characters will be 40 the smaller the domain the more pricey it’s going to be so for example if i was come here and i key in my last name 2 400 uh i believe i’ll pass but anyways let me go ahead and simply include this to cart for presentation purposes we’ll go to the carts which’s it okay 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 weird 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 want to use alright 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 factor why you ‘d want to go through the procedure and in fact claim uh your domain addresses due to the fact that one then you really own it then 2 you can do whatever you desire with it if you want to go offer it on some type of like nft marketplace 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 simply an iou it’s an iou up 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 know this is you you haven’t declared it yet so it’s an iou that you own this and so i just desire to briefly mention at the time of this video that there are a few ways to declare your domain name the 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 fees 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 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 until august so then they’ll have a scaling solution that makes it easy to claim however anyways to get begun is extremely easy so we go here say if i want to declare this one make a website.crypto we’ll claim with ethereum right there claim process started so now we have to send the code by email so click that and so right over here we’ll leap 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 simply highlight that best click copy paste there we go boom put that in alright excellent now you’re like whoa what do i do select 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 couple of 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 just going to use metamask so to start with metamask is simple meta mask there we go alright so we click here then we wish to download it now click that set up metamask for chrome all right and let’s go ahead and contribute to chrome include extension and there we go all right so now the metamask app is set up on our web browser so we simply click get started we are new to metamask so here is where you need to set up a wallet a wallet is what you make with your cryptocurrency Unstoppable Domains Investors