Cryptocurrency Domain Names 2022

explain subjects of the cryptocurrency world…Cryptocurrency Domain Names. using analogies stories and examples so that you can easily understand them in this video we are going to be discussing what unstoppable domains is how they might be better than ens and what that suggests for individuals getting into the complicated crypto space 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 white boards crypto we enjoy utilizing examples so that’s precisely what we’re going to be using to assist you comprehend dns so dns represents domain service which is a fancy method of saying that it is an useful service which allows us humans to type in human legible addresses into the search bar and then it will instantly turn them into machine understandable addresses so the majority of you are probably familiar with ip addresses and those are precisely how a computer at one end of the internet understands how to talk specifically to another computer elsewhere and not just 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 saying 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 gets a plan 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 using complex math and software application all of this

communication happens behind the scenes but to you it’s simple and easy to use in fact if we had to enter 8.8.8.8 into the url bar instead of google.com a lot more people would be confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and nets due to the fact that it makes sense to us so that’s basically what a dns is a translator for people to speak machine code next up let’s see how this works for crypto ens is basically the same thing that i just discussed except it’s for ethereum ens represents ethereum name service and pretty much lets me tell you that whiteboardcrypto.eth is my wallet address so you can simply 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 below it’s complimentary and it rewards all our effort on this video and the past hundred that we’ve been really hard at work creating but anyways if you’re not utilized to comprehending crypto the option to sharing white boards crypto.eth with somebody is i ‘d have to share

Existing domain 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 type of blockchain based domain you can transfer it to wherever you want whatever wallet you desire with ease alright so now let’s jump into my laptop computer and enter the guide section of the video where i want to show you unstoppable domain names how to get a domain name how to establish a particular wallet so you can attach the domain that you purchased to your wallet and so on so you can actually comprehend how to properly use unstoppable domain so let’s begin welcome to my laptop let’s begin so this is unstoppable domains.com now to get going with this site is very basic you just come here and after that you enter the domain that you want right here and after that click on search now i desire just want to mention that they do have particular rate points for the number of characters remain in the domain name that you want to get so something over 8 characters will be 40 the smaller sized the domain the more pricey it’s going to be so for example if i was come here and i enter my last name 2 400 uh i think i’ll pass however anyways let me proceed and simply include this to cart for presentation 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 truly like i like that it’s flexible 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 however payment gateway you want 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 factor why you ‘d want to go through the process and actually declare uh your domain addresses since one then you in fact own it then two you can do whatever you want with it if you want to go offer it on some type of like nft market you can go ahead and do that okay so just 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 really move the cryptocurrency from coinbase to your own wallet this is the exact same so this is on there this is you know it’s like a hot wallet i guess you know 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 reference at the time of this video that there are a few ways to claim your domain name the first method is that you have to acquire a claim with credits fee 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 charges look this the ethereum network you really have to pay uh to move things on and off by means of gas costs number two is you can pay the gas costs straight from your own wallet so if you already have a wallet set up and you have ethereum in there you can pay with your own ethereum or you can simply wait up until august so then they’ll have a scaling service that makes it simple to claim however anyways to get begun is extremely basic so we go here say if i want to declare this one make a website.crypto we’ll declare with ethereum right there claim 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 okay terrific 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 particularly for ethereum now there are a few various wallets that they recommend so for desktop there’s meta mask for mobile you can

use 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 begin with metamask is easy meta mask there we go all right so we click here then we want to download it now click that install metamask for chrome all right and let’s go on 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 simply click start we are brand-new to metamask so here is where you have to set up a wallet a wallet is what you finish with your cryptocurrency Cryptocurrency Domain Names

Find Cryptocurrency Domain Names 2022

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Blockchain innovation has unlocked a digital, autonomous, distributed ledger that anybody from around the world can transact on. Negotiating on the blockchain includes interacting with wallet addresses. Each cryptocurrency has a wallet and each wallet has an address.

Often a wallet will have more than one receiving address. These addresses are complicated and lengthy strings including both letters and numbers. More than frequently, it is difficult to validate that you have gotten in the right address before sending out because of the length and complexity of blockchain addresses. If you mistakenly send one to a wallet address that belongs to a various cryptocurrency, for circumstances, send out Bitcoin to an Ethereum address, then the funds you send out will be lost forever. , if just there was a method to link a readable domain name to a wallet address.. This need to make it much easier to negotiate on blockchain networks since there would no longer be a need to engage with raw wallet addresses.

What Is A Blockchain Wallet? Domains that so not stop

What makes a blockchain wallet different from a bank account is that there is no central institution that protects and keeps your bank account. Given that there is no main institution, such as a bank, securing your wallet on the blockchain, people on a blockchain network rely on file encryption to secure their funds in the network. With this being the case, the bank account number and password of each blockchain wallet are a bit more intricate.

A raw blockchain wallet uses a cryptographic protocol called keys. Each blockchain wallet has a pair of secrets. One secret is a private key and the other is a public secret. The private key is sort of like your pin for your blockchain wallet, and it shows that you are the owner of the funds in your wallet on the blockchain. Anyone with a wallet’s personal key can invest the funds in a wallet. It is crucial that you don’t share your private secret with anybody else as you would grant them complimentary access to your wallet. On the other hand, the general public secret resembles your checking account number and is used to inform people where to send cash to if they wish to pay you. You can share your public secret with anyone that wishes to send you cash.

When getting funds from somebody, you would create a receive address and share that with them. A receiving address is created using your wallet’s public secret. Some centralized cryptocurrency wallet service providers provide you the alternative to create multiple get addresses and include notes or payment references for record-keeping. There is no limitation to the number of receive addresses you can produce for a blockchain wallet.

Now that we have had a look at how a blockchain wallet works, let’s proceed to have a look at

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Then, in the background, the technology from s routes the various currencies to their particular wallets. This even gets rid of the requirement for scanning QR codes given that reading them is not one hundred percent precise. Getting in touch with the Zilliqa Blockchain, their version of DNS is built on the Zilliqa blockchain.

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