Crypto Mining Domains 2022

describe subjects of the cryptocurrency world…Crypto Mining Domains. utilizing analogies 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 better than ens and what that implies for individuals entering the complex crypto area prior to we really get to comprehending 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 exactly what we’re going to be using to help you understand dns so dns means domain name service which is an expensive way of saying that it is a helpful service which allows us human beings to key in human legible addresses into the search bar and then it will instantly turn them into maker legible addresses so the majority of you are probably knowledgeable about ip addresses and those are precisely how a computer system at one end of the web knows how to talk particularly to another computer system elsewhere and not just shriek it into the abyss that is the web when you type in google.com and you struck enter your computer 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 looking for them and then gets a package back to send out to you now the package is then unpacked by your computer to show you the whole of the google.com web page using complex math and software all of this

communication happens behind the scenes however to you it’s easy 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 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 just pointed out other than it’s for ethereum ens stands for ethereum name service and pretty much lets me tell you that whiteboardcrypto.eth is my wallet address so you can merely type that in and pay me 20 if you want by the way if you don’t have 20 and you wish 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’ve been truly hard at work creating however anyways if you’re not utilized to comprehending crypto the alternative 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 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 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 how to establish a specific wallet so you can attach the domain name that you bought to your wallet etc so you can actually comprehend how to properly utilize unstoppable domain names so let’s begin welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get going with this site is very simple you simply come here and then you type in the domain that you desire right here and then click search now i want simply wish to discuss that they do have particular cost points for how many characters are 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 type in my last name 2 400 uh i believe i’ll pass but anyways let me go on and just include this to cart for demonstration functions we’ll go to the carts which’s it alright 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 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 gateway you desire to use alright 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 reason why you ‘d desire to go through the process and really claim uh your domain addresses since one then you in fact own it then two you can do whatever you want with it if you desire to go offer it on some type of like nft marketplace you can go ahead and do that fine so simply like when you buy any type of cryptocurrency from an exchange like uh coinbase for example what it is is just 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 guess you understand this is you you have not declared 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 claim your domain name the first way is that you have to acquire a claim with credits cost 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 costs look this the ethereum network you really have to pay uh to move things on and off via gas costs number 2 is you can pay the gas costs 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 till august so then they’ll have a scaling solution that makes it simple to claim however anyways to get begun is very basic so we go here say if i desire to declare this one make a website.crypto we’ll declare 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 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 simply highlight that ideal click copy paste there we go boom put that in all right excellent now you’re like whoa what do i do choose 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 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 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 start with metamask is simple meta mask there we go okay so we click here then we want to download it now click that install metamask for chrome fine and let’s proceed and add to chrome add extension and there we go alright so now the metamask app is set up on our web browser so we just click on get started we are new to metamask so here is where you need to set up a wallet a wallet is what you do with your cryptocurrency Crypto Mining Domains