How Unstoppable Domains Work 2022

discuss subjects of the cryptocurrency world…How Unstoppable Domains Work. using examples stories and examples so that you can easily understand them in this video we are going to be describing what unstoppable domains is how they might be much better than ens and what that means for individuals entering into the complex crypto space before we actually get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at white boards crypto we like utilizing examples so that’s precisely what we’re going to be utilizing to assist you comprehend dns so dns represents domain name service which is an expensive method of stating that it is an useful service which permits us humans to key in human understandable addresses into the search bar and then it will automatically 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 knows how to talk specifically to another computer system elsewhere and not just yell it into the abyss that is the web when you key in 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 looking for them and after that gets a plan back to send out to you now the plan is then unpacked by your computer to show you the totality of the google.com home page utilizing complex mathematics and software application all of this

communication takes place behind the scenes but to you it’s easy 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 individuals would be puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and nets since it makes sense to us so that’s essentially what a dns is a translator for humans to speak machine code next up let’s see how this works for crypto ens is basically the same thing that i just mentioned other than it’s for ethereum ens stands for ethereum name service and practically 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 don’t have 20 and you want to support the channel feel free to leave a like listed below it’s complimentary and it rewards all our effort on this video and the past hundred that we have actually been truly hard at work producing however anyways if you’re not utilized to understanding crypto the option to sharing white boards crypto.eth with somebody is i ‘d have to share

Current domain name register to launch 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 type of blockchain based domain name you can move it to anywhere you desire whatever wallet you desire with ease alright so now let’s jump into my laptop computer and get into the tutorial area of the video where i wish to show you unstoppable domain names how to get a domain how to establish a specific wallet so you can attach the domain name that you purchased to your wallet etc so you can actually comprehend how to appropriately utilize unstoppable domain so let’s get going welcome to my laptop computer let’s start so this is unstoppable domains.com now to get started with this website is extremely basic you simply come here and then you type in the domain name that you want right here and after that click on search now i want simply wish to discuss that they do have specific price points for the number of characters remain in the domain name 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 type in my last name 2 400 uh i believe i’ll pass however anyways let me go ahead and simply add this to cart for demonstration functions we’ll go to the carts and that’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 versatile 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 however payment entrance you want to utilize all right 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 website dot crypto and that’s it how to claim your crypto domain address now the reason why you ‘d want to go through the process and actually claim uh your domain addresses due to the fact that one then you actually own it then 2 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 all right 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 same so this is on there this is you know it’s like a hot wallet i think you understand this is you you haven’t claimed it yet so it’s an iou that you own this and so i just desire to briefly reference at the time of this video that there are a couple of ways to claim your domain name the very first way is that you have to buy 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 costs look this the ethereum network you in fact have to pay uh to move things on and off by means of gas fees number 2 is you can pay the gas fees directly 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 up until august so then they’ll have a scaling service that makes it easy to claim but anyways to get started is extremely basic so we go here say if i want to claim this one make a website.crypto we’ll claim with ethereum right there claim 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 just highlight that right click copy paste there we go boom put that in alright excellent 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 couple of different 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 get going with metamask is easy meta mask there we go fine so we click on this link then we want to download it now click on that install metamask for chrome fine and let’s go on and contribute to chrome include extension and there we go okay so now the metamask app is set up on our browser so we just click on start we are new to metamask so here is where you have to set up a wallet a wallet is what you finish with your cryptocurrency How Unstoppable Domains Work

Find How Unstoppable Domains Work 2022

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Blockchain technology has opened a digital, self-governing, distributed journal that anyone from across the globe can transact on. Negotiating on the blockchain includes communicating with wallet addresses. Each cryptocurrency has each wallet and a wallet has an address.

Sometimes a wallet will have more than one receiving address. These addresses are lengthy and complicated strings containing both letters and numbers. More than typically, it is tough to verify that you have actually gotten in the proper address prior to sending out because of the length and intricacy of blockchain addresses. Also, if you accidentally send out one to a wallet address that comes from a various cryptocurrency, for example, send out Bitcoin to an Ethereum address, then the funds you send will be lost permanently. , if just there was a way to connect a legible domain name to a wallet address.. This must make it much easier to negotiate on blockchain networks considering that there would no longer be a need to communicate 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 main 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 protect 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 keys. Each blockchain wallet has a pair of keys. One secret is a personal secret and the other is a public secret. The personal 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. Anybody with a wallet’s personal secret can spend the funds in a wallet. Therefore, it is very important that you don’t share your private secret with anyone else as you would grant them open door to your wallet. On the other hand, the general public key resembles your savings account number and is utilized to tell people where to send out cash to if they would like to pay you. You can share your public secret with anyone that wants to send you cash.

When receiving funds from someone, you would create a receive address and share that with them. A receiving address is produced using your wallet’s public key. Some centralized cryptocurrency wallet suppliers provide you the choice to produce multiple receive addresses and include notes or payment recommendations for record-keeping. There is no limitation to how many receive addresses you can generate for a blockchain wallet.

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

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In the background, the technology from s routes the different currencies to their particular wallets. This even eliminates the requirement for scanning QR codes given that reading them is not one hundred percent accurate. Connecting with the Zilliqa Blockchain, their version of DNS is built on the Zilliqa blockchain.

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