Bitcoin Domain Sales 2022

describe subjects of the cryptocurrency world…Bitcoin Domain Sales. utilizing examples stories and examples so that you can quickly 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 suggests for people getting into the complicated crypto space prior to we really get to comprehending the power of unstoppable domains the first thing we’ll need to do is understand dns here at whiteboard crypto we like utilizing examples so that’s exactly what we’re going to be utilizing to assist you understand dns so dns means domain service which is an expensive method of saying that it is an useful service which permits us humans to type in human readable addresses into the search bar and after that it will automatically turn them into device legible addresses so the majority of you are probably familiar with ip addresses and those are precisely how a computer system at one end of the internet knows how to talk specifically to another computer elsewhere 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 a message to your internet service provider saying yo where’s google the internet service provider finds out and goes to where google is tells them that you are searching for them and after that gets a bundle back to send out to you now the package is then unpacked by your computer to show you the totality of the google.com web page using complicated math and software all of this

interaction takes place behind the scenes however to you it’s easy 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 individuals would be puzzled right we do not 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 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 very same thing that i simply discussed except it’s for ethereum ens means ethereum name service and pretty much lets me inform you that whiteboardcrypto.eth is my wallet address so you can simply type that in and pay me 20 if you desire 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 have actually been truly hard at work producing however anyways if you’re not utilized to understanding crypto the option to sharing white boards 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 register etc uh when you have a dot crypto dot zill any kind of blockchain based domain name you can move it to wherever you desire whatever wallet you want with ease okay so now let’s jump into my laptop and enter into the guide section of the video where i want to show you unstoppable domain how to get a domain how to set up a particular wallet so you can connect the domain that you bought to your wallet and so on so you can actually comprehend how to correctly utilize unstoppable domain so let’s get going welcome to my laptop let’s start so this is unstoppable domains.com now to start with this site is really easy you just come here and after that you enter the domain that you want right here and then click search now i desire simply wish to discuss that they do have specific cost points for how many characters remain in the domain name that you wish to get so something over 8 characters will be 40 the smaller the domain the more expensive it’s going to be so for example if i was come here and i enter my surname 2 400 uh i believe i’ll pass however anyways let me go ahead and just include this to haul for demonstration 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 truly like i like that it’s flexible i like it’s that it’s not one of those unusual crypto websites where you have to pay in cryptocurrency or you have to purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment entrance you want to use all right and that’s it and so 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 factor why you ‘d want to go through the procedure and actually declare uh your domain addresses due to the fact that one then you really own it then two you can do whatever you desire with it if you desire to go offer it on some type of like nft marketplace you can go ahead and do that okay so just like when you purchase any type of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou till you really move the cryptocurrency from coinbase to your own wallet this is the very same so this is on there this is you know 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 want to briefly mention at the time of this video that there are a couple of ways to declare your domain name the first method is that you have to purchase a claim with credits fee so that expenses uh at this time 40 per domain name and so that’s pays for the gas costs you’re like what are gas fees look this the ethereum network you actually have to pay uh to move things on and off by means of gas fees number 2 is you can pay the gas costs straight 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 simply wait up until august so then they’ll have a scaling service that makes it simple to claim however anyways to get begun is really simple so we go here state if i want to declare this one make a website.crypto we’ll claim with ethereum right there claim process began so now we have to send out the code by e-mail so click that and so 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 just highlight that right click copy paste there we go boom put that in alright terrific 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 suggest 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 get going 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 okay and let’s go on and contribute to chrome add extension and there we go fine so now the metamask app is set up on our browser so we simply click start we are brand-new to metamask so here is where you need to set up a wallet a wallet is what you do with your cryptocurrency Bitcoin Domain Sales