describe topics of the cryptocurrency world…What Is Namecoin Coin. using examples stories and examples so that you can easily comprehend them in this video we are going to be describing what unstoppable domains is how they might be better than ens and what that suggests for individuals getting 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 understand dns here at whiteboard crypto we love using examples so that’s exactly what we’re going to be using to assist you understand dns so dns represents domain service which is an expensive method of saying that it is an useful service which enables us human beings to enter human understandable addresses into the search bar and after that it will immediately turn them into machine legible addresses so most of you are most likely acquainted with ip addresses and those are exactly how a computer system at one end of the web knows how to talk specifically to another computer system somewhere else and not just shout it into the void that is the web when you key in google.com and you struck enter your computer system sends a message to your internet service provider saying yo where’s google the internet service provider learns and goes to where google is tells them that you are looking for them and then grabs a package back to send out to you now the bundle is then unpacked by your computer system to show you the entirety of the google.com home page using complicated math and software application all of this
interaction happens behind the scenes however to you it’s easy and easy to use in fact if we had to key in 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 internet due to the fact that it makes 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 practically 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 don’t have 20 and you wish to support the channel do not hesitate to leave a like 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 developing however anyways if you’re not used to understanding crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d need to share
Present 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 wherever you desire whatever wallet you want with ease all right so now let’s jump into my laptop and get into the guide section of the video where i want to reveal you unstoppable domain names how to get a domain how to set up a particular wallet so you can attach the domain name that you purchased to your wallet and so on so you can really comprehend how to properly use unstoppable domain so let’s get going welcome to my laptop let’s start so this is unstoppable domains.com now to get going with this website is really simple you simply come here and then you enter the domain that you want right here and then click search now i desire just wish to mention that they do have particular rate points for the number of characters remain in the domain name that you want to get so something over 8 characters will be 40 the smaller the domain the more costly it’s going to be so for instance if i was come here and i enter my surname 2 400 uh i think i’ll pass however anyways let me go ahead and just add this to haul for demonstration functions we’ll go to the carts which’s it all right and
then you click here checkout and that’s it therefore you can pay with a charge card paypal crypto or you can pay with the crypto.com app and i truly like i like that it’s versatile i like it’s that it’s not one of those odd crypto websites where you need to pay in cryptocurrency or you need to purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you wish to utilize okay and that’s it therefore once 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 reason you ‘d wish to go through the procedure and in fact declare 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 sell it on some type of like nft marketplace you can go ahead and do that fine so similar to when you buy any kind of cryptocurrency from an exchange like uh coinbase for example what it is is just 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 resembles a hot wallet i guess you know this is you you haven’t claimed it yet so it’s an iou that you own this therefore i just wish to briefly mention at the time of this video that there are a couple of ways to claim your domain name the first method is that you have to purchase a claim with credits cost so that expenses uh at this time 40 per domain name and so that’s pays for the gas charges you resemble what are gas costs look this the ethereum network you in fact have to pay uh to move things on and off via gas charges number two is you can pay the gas charges 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 just wait till august so then they’ll have a scaling service that makes it easy to claim but anyways to start is really simple so we go here say if i want to declare this one make a website.crypto we’ll claim with ethereum right there declare procedure started so now we have to send out the code by email so click that therefore right over here we’ll jump 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 ideal click copy paste there we go boom put that in okay terrific now you resemble 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 different 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 using 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 going with metamask is simple meta mask there we go fine so we click here then we wish to download it now click that install metamask for chrome all right and let’s proceed and contribute to chrome include extension and there we go alright so now the metamask app is set up on our internet 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 What Is Namecoin Coin