Value Of .Crypto Domain 2022

discuss subjects of the cryptocurrency world…Value Of .Crypto Domain. utilizing analogies 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 better than ens and what that indicates for people entering into the complex crypto area before we actually get to comprehending the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at whiteboard crypto we like utilizing examples so that’s exactly what we’re going to be using to help you understand dns so dns means domain service which is an expensive way of saying that it is a handy service which allows us human beings to type in human understandable addresses into the search bar and then it will automatically turn them into machine understandable addresses so the majority of you are most likely knowledgeable about ip addresses and those are exactly how a computer system at one end of the internet knows how to talk specifically to another computer system elsewhere and not simply yell it into the abyss that is the web when you enter 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 discovers and goes to where google is tells them that you are searching for them and then grabs a package back to send out to you now the bundle is then unpacked by your computer system to reveal you the whole of the google.com web page utilizing complex math and software application all of this

communication happens behind the scenes but to you it’s simple and easy to use in fact if we needed 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 essentially 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 essentially the same thing that i simply discussed other than it’s for ethereum ens means 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 do not have 20 and you wish 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 developing but anyways if you’re not utilized to understanding crypto the option to sharing white boards crypto.eth with somebody is i ‘d need to share

Current domain 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 move it to any place you want whatever wallet you desire with ease fine so now let’s jump into my laptop computer and enter into the guide section of the video where i wish to show you unstoppable domain names how to get a domain name how to establish a particular wallet so you can connect the domain that you bought to your wallet and so on so you can really comprehend how to properly use unstoppable domain so let’s get started welcome to my laptop let’s begin so this is unstoppable domains.com now to get started with this site is extremely easy you simply come here and then you key in the domain name that you want right here and after that click search now i want simply wish to discuss that they do have specific rate points for the number of characters are 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 example if i was come here and i type in my surname 2 400 uh i think i’ll pass however anyways let me go on and simply add this to cart for presentation purposes we’ll go to the carts which’s it alright and

then 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 unusual crypto sites where you need to pay in cryptocurrency or you need to purchase unstoppable coin then exchange it or whatever no you can pay with however payment entrance you want to utilize alright and that’s it therefore 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 which’s it how to declare your crypto domain address now the reason you ‘d want to go through the process and really claim uh your domain addresses since one then you really own it then 2 you can do whatever you desire with it if you wish to go sell it on some kind of like nft market you can go ahead and do that fine so just like when you buy any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is simply an iou it’s an iou until you actually move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you know it’s like a hot wallet i guess you understand this is you you have not declared it yet so it’s an iou that you own this and so i simply wish to briefly reference at the time of this video that there are a few methods to claim your domain the first way is that you need to purchase a claim with credits fee so that expenses uh at this time 40 per domain therefore that’s pays for the gas costs you’re like what are gas charges look this the ethereum network you really need to pay uh to move things on and off by means of gas costs second is you can pay the gas fees straight from your own wallet so if you currently have a wallet established 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 solution that makes it easy to claim however anyways to get started is extremely basic so we go here state if i wish to declare this one make a website.crypto we’ll claim with ethereum right there declare process began so now we have to send out the code by e-mail so click that therefore right over here we’ll jump over here and wait on 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 alright fantastic 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 particularly for ethereum now there are a few different wallets that they advise 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 begin with metamask is simple meta mask there we go okay 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 proceed and contribute to chrome include extension and there we go all right so now the metamask app is set up on our internet browser so we simply click on get started we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you make with your cryptocurrency Value Of .Crypto Domain