How Many Coins Does Unstoppable Domains Support 2022

discuss topics of the cryptocurrency world…How Many Coins Does Unstoppable Domains Support. using analogies stories and examples so that you can quickly comprehend them in this video we are going to be explaining what unstoppable domains is how they might be much better than ens and what that indicates for individuals entering the complex crypto space 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 precisely what we’re going to be utilizing to assist you comprehend dns so dns means domain service which is an elegant method of saying that it is a valuable service which permits us humans to type in human legible addresses into the search bar and after that it will instantly turn them into device understandable addresses so most of you are probably familiar with ip addresses and those are exactly how a computer system at one end of the internet understands how to talk particularly to another computer elsewhere and not simply scream it into the void that is the web when you enter google.com and you hit 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 trying to find them and after that gets a bundle back to send to you now the plan is then unpacked by your computer to show you the entirety of the google.com home page utilizing complex math and software all of this

interaction occurs behind the scenes however to you it’s basic and user friendly in fact if we needed to key in 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 internet since it makes good sense to us so that’s basically what a dns is a translator for human beings to speak machine code next up let’s see how this works for crypto ens is basically the very same thing that i just mentioned other than it’s for ethereum ens stands for 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 below it’s totally free and it rewards all our hard work on this video and the past hundred that we’ve been truly hard at work developing however anyways if you’re not used to understanding crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d have to share

Current domain register to release domain 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 anywhere you want whatever wallet you want with ease alright so now let’s jump into my laptop and get into the guide section of the video where i want to show you unstoppable domain names how to get a domain how to set up a particular wallet so you can attach the domain that you purchased to your wallet etc so you can really understand how to appropriately use unstoppable domain so let’s get going welcome to my laptop computer let’s start so this is unstoppable domains.com now to begin with this site is really basic you just come here and then you key in the domain that you desire right here and then click on search now i want just want to point out that they do have particular rate points for the number of characters remain in the domain that you wish to get so something over 8 characters will be 40 the smaller the domain name the more pricey it’s going to be so for instance if i was come here and i enter my surname 2 400 uh i believe i’ll pass but anyways let me proceed and simply include this to cart for presentation purposes we’ll go to the carts which’s it okay and

then you click on here checkout and that’s it therefore you can pay with a charge card paypal crypto or you can pay with the crypto.com app and i really like i like that it’s versatile i like it’s that it’s not one of those unusual crypto sites where you need to pay in cryptocurrency or you need to buy unstoppable coin then exchange it or whatever no you can pay with however payment gateway you want to utilize fine and that’s it therefore as soon as you’re all set then you’ll have your my domain name list in your account therefore we have right down there so i own my name dot crypto and make a site dot crypto which’s it how to declare your crypto domain address now the reason that you ‘d want to go through the process and in fact claim uh your domain addresses because one then you in fact own it then 2 you can do whatever you desire with it if you wish to go offer it on some type of like nft marketplace you can go ahead and do that okay so just like when you buy any kind 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 know it’s like a hot wallet i think you know this is you you have not claimed it yet so it’s an iou that you own this and so i just wish to briefly mention at the time of this video that there are a couple of ways to declare your domain name the very first way is that you need to acquire a claim with credits fee so that costs uh at this time 40 per domain name therefore that’s pays for the gas charges you resemble what are gas charges look this the ethereum network you actually need to pay uh to move things on and off via gas costs second is you can pay the gas costs 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 until august so then they’ll have a scaling option that makes it simple to claim but anyways to get going is really easy so we go here say if i want to declare this one make a website.crypto we’ll claim with ethereum right there claim process began so now we need to send the code by e-mail so click that therefore right over here we’ll jump over here and await 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 fantastic now you’re like whoa what do i do select 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 different wallets that they suggest 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 using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re simply going to use metamask so to get start with metamask is simple meta mask there we go alright so we click on this link then we want to download it now click on that set up metamask for chrome all right and let’s proceed and add to chrome add extension and there we go okay so now the metamask app is installed on our internet browser so we simply click on start we are brand-new to metamask so here is where you have to set up a wallet a wallet is what you make with your cryptocurrency How Many Coins Does Unstoppable Domains Support

Find How Many Coins Does Unstoppable Domains Support 2022

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Blockchain technology has unlocked a digital, autonomous, distributed ledger that anyone from across the globe can transact on. Negotiating on the blockchain includes engaging with wallet addresses. Each cryptocurrency has a wallet and each wallet has an address.

In some cases a wallet will have more than one receiving address. These addresses are complicated and lengthy strings consisting of both letters and numbers. More than frequently, it is tough to validate that you have gone into the right address before sending out because of the length and complexity of blockchain addresses. If you mistakenly send out one to a wallet address that belongs to a various cryptocurrency, for circumstances, send Bitcoin to an Ethereum address, then the funds you send out will be lost forever. If only there was a way to connect an understandable domain to a wallet address. This must make it simpler to transact on blockchain networks given that there would no longer be a requirement to interact 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 organization that secures and preserves your bank account. Because there is no central organization, such as a bank, protecting your wallet on the blockchain, people on a blockchain network rely on 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 utilizes a cryptographic protocol called secrets. Each blockchain wallet has a set of keys. One key is a personal key and the other is a public secret. The private key is sort of like your pin for your blockchain wallet, and it proves that you are the owner of the funds in your wallet on the blockchain. Anyone with a wallet’s private key can invest the funds in a wallet. It is crucial that you do not share your private key with anyone else as you would approve them totally free access to your wallet. On the other hand, the general public key resembles your checking account number and is utilized to tell individuals where to send money to if they wish to pay you. You can share your public key with anybody that wants to send you money.

A receiving address is generated utilizing your wallet’s public key. There is no limitation to how numerous receive addresses you can produce for a blockchain wallet.

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

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In the background, the innovation from s routes the different currencies to their respective wallets. This even removes the need for scanning QR codes since 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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