Crypto Domain Meaning 2022

discuss topics of the cryptocurrency world…Crypto Domain Meaning. utilizing analogies stories and examples so that you can easily comprehend them in this video we are going to be discussing what unstoppable domains is how they might be better than ens and what that means for individuals getting into the complex crypto area prior to we in fact get to comprehending the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at white boards crypto we love using examples so that’s exactly what we’re going to be using to assist you comprehend dns so dns stands for domain name service which is an expensive method of saying that it is a handy service which allows us human beings to enter human readable addresses into the search bar and then it will automatically turn them into device understandable addresses so most of you are most likely acquainted with ip addresses and those are exactly how a computer at one end of the web knows how to talk specifically to another computer elsewhere and not just scream it into the abyss that is the web when you key in google.com and you struck enter your computer sends a message to your internet service provider stating 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 grabs a package back to send out to you now the package is then unpacked by your computer system to reveal you the entirety of the google.com web page utilizing complicated mathematics and software all of this

interaction occurs behind the scenes but to you it’s easy and user friendly in fact if we had to key in 8.8.8.8 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 good sense to us so that’s essentially what a dns is a translator for people to speak machine code next up let’s see how this works for crypto ens is essentially the very same thing that i simply pointed out other than it’s for ethereum ens represents 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 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 effort on this video and the past hundred that we have actually been truly hard at work creating but anyways if you’re not used to understanding crypto the option to sharing whiteboard crypto.eth with someone is i ‘d have to share

Current domain name register to launch domain name 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 you can transfer it to any place you want whatever wallet you want with ease okay so now let’s delve into my laptop and get into the guide section of the video where i want to show you unstoppable domain how to get a domain name how to establish a particular wallet so you can connect the domain name that you bought to your wallet etc so you can actually comprehend how to effectively use unstoppable domain so let’s get going welcome to my laptop let’s begin so this is unstoppable domains.com now to begin with this site is extremely basic you simply come here and after that you enter the domain that you want right here and then click on search now i want just want to mention that they do have specific cost points for how many characters are in the domain name that you want to get so something over 8 characters will be 40 the smaller the domain the more pricey 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 but anyways let me go ahead and just add this to haul for demonstration functions we’ll go to the carts and that’s it all right 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 actually like i like that it’s flexible 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 desire 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 site 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 in fact declare uh your domain addresses due to the fact that one then you actually own it then 2 you can do whatever you desire with it if you desire to go sell it on some type of like nft market you can go ahead and do that okay so simply 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 up until you actually move the cryptocurrency from coinbase to your own wallet this is the 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 desire to briefly reference at the time of this video that there are a few methods to declare your domain name the first method is that you have to purchase a claim with credits charge so that costs uh at this time 40 per domain name and so that’s pays for the gas fees you’re like what are gas costs look this the ethereum network you in fact have to pay uh to move things on and off by means of gas fees number 2 is you can pay the gas charges 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 just wait up until august so then they’ll have a scaling solution that makes it easy to claim but anyways to get started is extremely basic so we go here state if i desire to claim this one make a website.crypto we’ll declare with ethereum right there declare process began so now we have to send the code by email so click that and so right over here we’ll leap over here and wait for 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 pick 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 various 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 using 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 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 ahead and add to chrome add extension and there we go alright so now the metamask app is installed on our internet browser so we just click start we are new to metamask so here is where you have to establish a wallet a wallet is what you finish with your cryptocurrency Crypto Domain Meaning