describe subjects of the cryptocurrency world…Who Owns Bitcoin.Com Domain. utilizing analogies 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 indicates for individuals getting into the complicated crypto space prior to we actually get to understanding the power of unstoppable domains the first thing we’ll need to do is understand dns here at whiteboard crypto we enjoy using examples so that’s exactly what we’re going to be utilizing to assist you comprehend dns so dns means domain name service which is a fancy way of saying that it is a practical service which permits us human beings to type in human legible addresses into the search bar and then it will immediately turn them into machine understandable addresses so the majority of you are probably familiar with ip addresses and those are precisely how a computer at one end of the web understands how to talk particularly to another computer somewhere else and not simply yell it into the abyss that is the web when you enter google.com and you hit enter your computer system sends out a message to your internet service provider stating yo where’s google the internet service provider learns and goes to where google is tells them that you are looking for them and after that gets a package back to send out to you now the package is then unpacked by your computer system to reveal you the whole of the google.com web page utilizing complex mathematics and software all of this
interaction happens behind the scenes but to you it’s easy 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 confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and nets because it makes good sense to us so that’s basically 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 pointed out except it’s for ethereum ens stands for 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 effort on this video and the past hundred that we’ve been really hard at work creating but anyways if you’re not utilized to comprehending crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d have to share
Present 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 kind of blockchain based domain you can move it to anywhere you desire whatever wallet you desire with ease all right so now let’s delve into my laptop and enter into the tutorial section 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 connect the domain name that you purchased to your wallet etc so you can really comprehend how to appropriately utilize unstoppable domain names so let’s begin welcome to my laptop let’s begin so this is unstoppable domains.com now to get started with this website is extremely basic you simply come here and then you type in the domain name that you want right here and then click on search now i want just wish to discuss that they do have specific rate points for the number of characters remain in the domain name that you wish to get so something over 8 characters will be 40 the smaller sized the domain name the more pricey it’s going to be so for instance if i was come here and i enter my surname 2 400 uh i believe i’ll pass however anyways let me go on and just include this to haul for demonstration functions we’ll go to the carts and that’s it alright and
then you click 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 strange crypto websites where you have to pay in cryptocurrency or you need to purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment entrance you want to utilize alright 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 website dot crypto and that’s it how to claim your crypto domain address now the reason you ‘d want to go through the procedure and really declare uh your domain addresses since one then you in fact own it then two you can do whatever you desire with it if you want to go offer it on some kind of like nft market you can go on and do that alright so similar to when you purchase 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 understand it resembles a hot wallet i think you know this is you you have not declared it yet so it’s an iou that you own this therefore i just wish to briefly reference at the time of this video that there are a couple of ways to claim your domain name the very first way is that you have to acquire a claim with credits fee so that costs uh at this time 40 per domain and so that’s spends for the gas fees you’re like what are gas fees look this the ethereum network you really need 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 up until august so then they’ll have a scaling option that makes it simple to claim however anyways to start is extremely easy so we go here say if i wish to declare this one make a website.crypto we’ll declare with ethereum right there declare procedure began so now we have to send out the code by e-mail so click that therefore right over here we’ll leap over here and await 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 excellent now you’re like whoa what do i do choose 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 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 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 fine so we click here then we want to download it now click on that set up metamask for chrome fine and let’s go ahead and add to chrome include extension and there we go fine so now the metamask app is installed on our web browser so we just click on get started we are new to metamask so here is where you need to establish a wallet a wallet is what you finish with your cryptocurrency Who Owns Bitcoin.Com Domain