Why Unstoppable Domains Will Be Valuable 2022

discuss topics of the cryptocurrency world…Why Unstoppable Domains Will Be Valuable. using analogies stories and examples so that you can quickly understand them in this video we are going to be discussing what unstoppable domains is how they might be much better than ens and what that suggests for people entering into the complicated crypto area before we actually get to understanding 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 precisely what we’re going to be using to help you understand dns so dns means domain name service which is an elegant method of stating that it is a handy service which allows us humans to key in human understandable addresses into the search bar and then it will immediately turn them into machine understandable addresses so the majority of you are most likely acquainted with ip addresses and those are exactly how a computer at one end of the internet knows how to talk particularly to another computer elsewhere and not just yell it into the abyss that is the web when you type in google.com and you hit enter your computer system sends out 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 after that grabs a bundle back to send to you now the package is then unpacked by your computer to show you the whole of the google.com web page utilizing complex math and software all of this

communication happens behind the scenes however to you it’s simple and user friendly 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 puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and webs because it makes good sense to us so that’s essentially what a dns is a translator for humans to speak machine code next up let’s see how this works for crypto ens is essentially the exact same thing that i just pointed out other than it’s for ethereum ens stands for ethereum name service and practically lets me inform you that whiteboardcrypto.eth is my wallet address so you can just 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 totally free and it rewards all our effort on this video and the past hundred that we have actually been really hard at work creating however anyways if you’re not utilized to comprehending crypto the alternative to sharing white boards crypto.eth with somebody is i ‘d need to share

Present domain register to launch domain or in order to move it over to this other domain name register and so on uh when you have a dot crypto dot zill any type of blockchain based domain you can transfer it to anywhere you want whatever wallet you desire with ease fine so now let’s delve into my laptop computer and enter into the tutorial section of the video where i wish to show you unstoppable domain 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 truly comprehend how to correctly utilize unstoppable domain so let’s get going welcome to my laptop computer let’s begin so this is unstoppable domains.com now to begin with this site is extremely simple you just come here and after that you key in the domain that you desire right here and then click search now i desire just want to point out that they do have specific cost points for how many characters remain in the domain that you want to get so something over 8 characters will be 40 the smaller sized the domain the more pricey it’s going to be so for example if i was come here and i key in my surname 2 400 uh i think i’ll pass but anyways let me go ahead and simply include this to haul for presentation 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 truly 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 nevertheless payment gateway you want to utilize okay and that’s it and so 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 and that’s it how to declare your crypto domain address now the reason why you ‘d desire to go through the procedure and really claim uh your domain addresses because one then you really own it then 2 you can do whatever you want with it if you desire to go sell it on some type of like nft marketplace you can go ahead and do that fine so simply like when you purchase any type of cryptocurrency from an exchange like uh coinbase for example what it is is just an iou it’s an iou 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 understand this is you you have not 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 couple of ways to claim your domain name the very first way is that you have to purchase a claim with credits fee so that costs uh at this time 40 per domain name and so that’s pays for the gas charges you’re like what are gas charges look this the ethereum network you in fact have to pay uh to move things on and off through gas fees number 2 is you can pay the gas fees directly from your own wallet so if you currently have a wallet set up and you have ethereum in there you can pay with your own ethereum or you can just wait up until august so then they’ll have a scaling service that makes it easy to claim but anyways to get begun is really basic so we go here say if i want to declare this one make a website.crypto we’ll declare with ethereum right there declare process started so now we have to send the code by e-mail 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 ideal click copy paste there we go boom put that in all right great 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 few various wallets that they recommend 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 use metamask so to get start with metamask is easy meta mask there we go all right so we click on this link then we want to download it now click that set up metamask for chrome okay and let’s go on and add to chrome include extension and there we go fine so now the metamask app is set up on our internet browser so we just click on get started we are new to metamask so here is where you have to set up a wallet a wallet is what you do with your cryptocurrency Why Unstoppable Domains Will Be Valuable