explain subjects of the cryptocurrency world…Can I Shapeshift Namecoin?. utilizing examples stories and examples so that you can quickly 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 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 white boards crypto we like utilizing examples so that’s precisely what we’re going to be using to assist you comprehend dns so dns stands for domain service which is a fancy method of saying that it is a valuable service which allows us humans to enter human readable addresses into the search bar and then it will immediately turn them into machine legible addresses so most of you are most likely familiar with ip addresses and those are exactly how a computer system at one end of the internet knows how to talk particularly to another computer elsewhere and not just scream it into the void that is the web when you enter google.com and you struck enter your computer sends a message to your internet service provider saying yo where’s google the internet service provider discovers and goes to where google is tells them that you are searching for them and after that grabs a bundle back to send to you now the package is then unpacked by your computer system to show you the entirety of the google.com web page utilizing complicated mathematics and software application all of this
communication occurs behind the scenes however to you it’s basic and user friendly in fact if we had to enter 22.214.171.124 into the url bar instead of google.com a lot more individuals would be puzzled right we don’t 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 very same thing that i simply pointed out except 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 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 feel free to leave a like listed below it’s free and it rewards all our hard work on this video and the past hundred that we have actually been really hard at work developing but anyways if you’re not utilized to comprehending crypto the option to sharing white boards crypto.eth with somebody is i ‘d need to share
Existing domain name register to release domain name or in order to move it over to this other domain name register etc uh when you have a dot crypto dot zill any kind of blockchain based domain name you can transfer it to wherever you desire whatever wallet you want with ease fine so now let’s delve into my laptop computer and enter into the tutorial area of the video where i want to reveal you unstoppable domain how to get a domain how to establish a particular wallet so you can attach the domain that you purchased to your wallet etc so you can actually understand how to correctly use unstoppable domain so let’s get started welcome to my laptop computer let’s start so this is unstoppable domains.com now to begin with this website is extremely basic you just come here and after that you type in the domain that you want right here and after that click search now i desire simply wish to mention that they do have particular 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 costly it’s going to be so for instance if i was come here and i enter my last name 2 400 uh i think i’ll pass however anyways let me go on and just include this to cart for presentation functions we’ll go to the carts which’s it all right and
then you click on 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 really like i like that it’s versatile 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 alright and that’s it and so when you’re all set then you’ll have your my domain list in your account therefore we have right down there so i own my name dot crypto and make a website dot crypto which’s it how to claim your crypto domain address now the reason that you ‘d want to go through the procedure and actually claim uh your domain addresses since one then you really own it then 2 you can do whatever you desire with it if you want to go offer it on some type of like nft marketplace you can go on and do that all right so similar to when you purchase any type of cryptocurrency from an exchange like uh coinbase for instance 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 same so this is on there this is you understand it resembles a hot wallet i guess you understand this is you you haven’t claimed it yet so it’s an iou that you own this and so i simply want to briefly reference at the time of this video that there are a few methods to declare your domain the first method is that you have to purchase a claim with credits charge so that expenses uh at this time 40 per domain name therefore that’s spends for the gas costs you’re like what are gas charges look this the ethereum network you in fact need to pay uh to move things on and off by means of gas costs second is you can pay the gas costs directly from your own wallet so if you already have a wallet established and you have ethereum in there you can pay with your own ethereum or you can simply wait until august so then they’ll have a scaling option that makes it simple to claim but anyways to begin is really basic so we go here state if i wish to claim this one make a website.crypto we’ll declare with ethereum right there declare procedure started so now we need to send the code by email 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 simply highlight that best click copy paste there we go boom put that in alright terrific 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
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 utilize metamask so to begin with metamask is simple meta mask there we go alright so we click on this link then we wish to download it now click that set up metamask for chrome all right and let’s proceed and add to chrome include extension and there we go fine so now the metamask app is set up on our web browser so we just click on start we are new to metamask so here is where you have to establish a wallet a wallet is what you make with your cryptocurrency Can I Shapeshift Namecoin?