describe subjects of the cryptocurrency world….Crypto Domain Extension. using 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 much better than ens and what that means for people getting into the complex crypto area prior to we really get to understanding the power of unstoppable domains the first thing we’ll need to do is understand dns here at whiteboard crypto we like using examples so that’s precisely what we’re going to be utilizing to assist you comprehend dns so dns represents domain name service which is an expensive method of stating that it is a handy service which enables us humans to enter human readable addresses into the search bar and then it will automatically turn them into maker understandable addresses so the majority of you are probably familiar with ip addresses and those are exactly how a computer at one end of the internet understands how to talk specifically to another computer elsewhere and not simply 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 stating yo where’s google the internet service provider learns and goes to where google is tells them that you are trying to find them and then gets a bundle back to send out to you now the bundle is then unpacked by your computer to reveal you the totality of the google.com web page using complicated mathematics and software all of this
interaction takes place behind the scenes but to you it’s simple and easy to use in fact if we needed to type in 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 nets because it makes sense to us so that’s basically what a dns is a translator for humans to speak machine code next up let’s see how this works for crypto ens is basically the exact same thing that i just pointed out other than 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 just type that in and pay me 20 if you desire by the way if you don’t have 20 and you want to support the channel feel free to leave a like below it’s totally free and it rewards all our effort on this video and the past hundred that we have actually been truly hard at work creating but anyways if you’re not utilized to comprehending crypto the option to sharing white boards crypto.eth with someone is i ‘d need to share
Present domain name register to release domain 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 transfer it to anywhere you desire whatever wallet you want with ease fine so now let’s delve into my laptop computer and enter the guide section of the video where i wish to show you unstoppable domain how to get a domain name how to set up a particular wallet so you can attach the domain name that you bought to your wallet etc so you can actually comprehend how to correctly use unstoppable domain so let’s begin welcome to my laptop let’s start so this is unstoppable domains.com now to begin with this website is very basic you just come here and then you key in the domain name that you desire right here and then click search now i want just 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 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 but anyways let me go ahead and just include this to cart for demonstration functions we’ll go to the carts which’s it all right and
then you click here checkout which’s it and so 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 weird crypto sites 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 wish to utilize alright which’s it therefore once you’re all set then you’ll have your my domain name 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 declare your crypto domain address now the reason why you ‘d want to go through the process and in fact claim uh your domain addresses because one then you in fact own it then 2 you can do whatever you desire with it if you want to go sell it on some kind of like nft marketplace you can go on and do that okay so similar to when you buy any type of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou until you in fact 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 simply wish 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 need to purchase a claim with credits fee so that expenses uh at this time 40 per domain therefore that’s spends for the gas costs you resemble what are gas fees look this the ethereum network you really have to pay uh to move things on and off by means of gas fees second is you can pay the gas costs directly from your own wallet so if you currently have a wallet established and you have ethereum in there you can pay with your own ethereum or you can simply wait till august so then they’ll have a scaling option that makes it easy to claim but anyways to get going is very easy so we go here state if i want to declare this one make a website.crypto we’ll claim with ethereum right there declare procedure began 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 on 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 all right great now you’re like whoa what do i do pick wallet for claiming 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 simply going to use metamask so to get start with metamask is simple meta mask there we go fine so we click on this link then we want to download it now click that install metamask for chrome fine and let’s proceed and contribute to chrome include extension and there we go fine so now the metamask app is installed on our browser so we just click get started we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you do with your cryptocurrency .Crypto Domain Extension