Domain With Bitcoin 2022

explain topics of the cryptocurrency world…Domain With Bitcoin. utilizing analogies stories and examples so that you can easily understand them in this video we are going to be explaining what unstoppable domains is how they might be better than ens and what that suggests for individuals entering the complicated crypto space before we actually 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 using examples so that’s exactly what we’re going to be utilizing to assist you comprehend dns so dns stands for domain name service which is a fancy way of stating that it is an useful service which permits us people to enter human readable addresses into the search bar and then it will automatically turn them into device legible addresses so the majority of you are probably knowledgeable about ip addresses and those are exactly how a computer at one end of the internet knows how to talk particularly to another computer system somewhere else and not just scream it into the void that is the web when you enter google.com and you struck enter your computer sends out a message to your internet service provider saying yo where’s google the internet service provider learns and goes to where google is tells them that you are searching for them and then grabs a bundle back to send to you now the package is then unpacked by your computer system to reveal you the entirety of the google.com home page using complicated mathematics and software application all of this

interaction happens behind the scenes but to you it’s basic 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 confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and webs because 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 discussed except it’s for ethereum ens means ethereum name service and basically lets me inform 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 wish to support the channel do not hesitate to leave a like below it’s totally free and it rewards all our hard work on this video and the past hundred that we have actually been really hard at work producing however anyways if you’re not used 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 etc uh when you have a dot crypto dot zill any kind of blockchain based domain name you can move it to wherever you want whatever wallet you want with ease alright so now let’s jump into my laptop computer and enter into the guide area of the video where i want to reveal you unstoppable domain names how to get a domain name how to establish a specific wallet so you can attach the domain that you bought to your wallet and so on so you can truly comprehend how to properly utilize unstoppable domain names so let’s get going welcome to my laptop computer let’s begin so this is unstoppable domains.com now to start with this site is really simple you simply come here and then you type in the domain name that you want right here and after that click search now i desire just wish to point out that they do have specific rate points for how many characters remain in the domain that you wish to get so something over 8 characters will be 40 the smaller the domain the more costly it’s going to be so for example if i was come here and i enter my last name 2 400 uh i believe i’ll pass but anyways let me go on and simply add this to cart for presentation purposes we’ll go to the carts which’s it okay 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 strange 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 nevertheless payment gateway you want to utilize alright and that’s it and so as soon as 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 desire to go through the procedure and in fact claim uh your domain addresses since one then you really own it then 2 you can do whatever you desire with it if you want to go offer it on some type of like nft marketplace you can go ahead and do that alright 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 in fact move the cryptocurrency from coinbase to your own wallet this is the very same so this is on there this is you understand it’s like 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 and so i simply want to briefly reference at the time of this video that there are a few ways to claim your domain name the very first way is that you have to purchase a claim with credits charge 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 fees look this the ethereum network you in fact have to pay uh to move things on and off via gas charges 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 just wait until august so then they’ll have a scaling option that makes it simple to claim but anyways to get begun is very simple so we go here say if i desire to declare this one make a website.crypto we’ll claim with ethereum right there declare process started so now we have to send out 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 simply highlight that right click copy paste there we go boom put that in okay great 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 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 just going to use metamask so to get going with metamask is easy meta mask there we go alright so we click here then we want to download it now click on that set up metamask for chrome okay and let’s proceed and contribute to chrome include extension and there we go all right so now the metamask app is installed on our internet browser so we simply click on begin we are brand-new to metamask so here is where you have to set up a wallet a wallet is what you do with your cryptocurrency Domain With Bitcoin