.Crypto Vs .Wallet Domain 2022

explain topics of the cryptocurrency world….Crypto Vs .Wallet Domain. using analogies stories and examples so that you can easily comprehend them in this video we are going to be explaining what unstoppable domains is how they might be better than ens and what that means for people entering into the complex crypto space prior to we really get to understanding the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at whiteboard crypto we enjoy utilizing examples so that’s precisely what we’re going to be utilizing to help you comprehend dns so dns means domain service which is a fancy method of stating that it is a handy service which allows us human beings to enter human legible addresses into the search bar and then it will instantly turn them into maker understandable addresses so the majority of you are probably knowledgeable about ip addresses and those are exactly how a computer system at one end of the internet knows how to talk particularly to another computer system elsewhere and not simply scream it into the abyss that is the web when you enter 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 learns and goes to where google is tells them that you are searching for them and after that gets a bundle back to send to you now the plan is then unpacked by your computer system to show you the totality of the google.com home page using complicated math and software application all of this

interaction happens behind the scenes however to you it’s basic and easy to use in fact if we needed to key in 8.8.8.8 into the url bar instead of google.com a lot more individuals would be confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and webs since 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 same thing that i just pointed out except 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 just type that in and pay me 20 if you want by the way if you don’t 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 hard work on this video and the past hundred that we’ve been really hard at work developing but anyways if you’re not utilized to understanding crypto the alternative to sharing white boards crypto.eth with somebody is i ‘d need to share

Existing domain name register to launch 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 kind of blockchain based domain you can transfer it to anywhere you desire whatever wallet you desire with ease alright so now let’s delve into my laptop computer and enter the tutorial area of the video where i want to reveal you unstoppable domain names how to get a domain how to set up a particular wallet so you can connect the domain name that you purchased to your wallet and so on so you can actually understand how to appropriately use unstoppable domain names so let’s get going welcome to my laptop let’s start so this is unstoppable domains.com now to get started with this site is very basic you just come here and after that you key in the domain that you desire right here and then click on search now i desire simply wish to discuss that they do have specific cost points for the number of characters are in the domain name that you want to get so something over 8 characters will be 40 the smaller sized the domain the more costly it’s going to be so for example if i was come here and i key in my last name 2 400 uh i believe i’ll pass but anyways let me proceed and just add this to cart for demonstration purposes we’ll go to the carts and that’s it fine and

then you click here checkout and that’s it therefore you can pay with a credit card paypal crypto or you can pay with the crypto.com app and i really like i like that it’s flexible i like it’s that it’s not one of those strange crypto websites where you need to pay in cryptocurrency or you have to purchase unstoppable coin then exchange it or whatever no you can pay with however payment gateway you wish to use all right which’s it and so as soon as you’re all set then you’ll have your my domain 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 declare your crypto domain address now the reason you ‘d wish to go through the process and actually claim uh your domain addresses because one then you in fact own it then two you can do whatever you desire with it if you want to go offer it on some kind of like nft market you can go on and do that alright so similar to when you buy any type of cryptocurrency from an exchange like uh coinbase for instance what it is is just an iou it’s an iou until 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’s like a hot wallet i guess you understand this is you you have not claimed 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 few methods to declare your domain the first way is that you have to purchase a claim with credits cost so that expenses uh at this time 40 per domain name therefore that’s pays for the gas fees you resemble 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 costs second is you can pay the gas charges 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 till august so then they’ll have a scaling service that makes it easy to claim but anyways to get started is extremely easy so we go here say if i wish to claim this one make a website.crypto we’ll declare with ethereum right there claim process started so now we need 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 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 best click copy paste there we go boom put that in okay 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 couple of different 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 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 here then we wish to download it now click that install metamask for chrome fine and let’s go on and add to chrome include extension and there we go alright so now the metamask app is installed on our internet browser so we simply click get going we are new to metamask so here is where you need to establish a wallet a wallet is what you do with your cryptocurrency .Crypto Vs .Wallet Domain