describe subjects of the cryptocurrency world…Namecoin-qt. using analogies stories and examples so that you can quickly 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 implies for people entering the complicated crypto area prior to we in fact get to understanding the power of unstoppable domains the first thing we’ll require to do is understand dns here at white boards crypto we like using examples so that’s exactly what we’re going to be utilizing to help you comprehend dns so dns stands for domain name service which is an elegant method of saying that it is an useful service which permits us human beings to key in human understandable addresses into the search bar and then it will automatically turn them into machine readable addresses so most of you are probably acquainted with ip addresses and those are exactly how a computer at one end of the web understands how to talk particularly to another computer system somewhere else and not just scream it into the void that is the web when you key in google.com and you struck enter your computer system sends a message to your internet service provider stating yo where’s google the internet service provider discovers and goes to where google is tells them that you are trying to find them and after that gets a package back to send out to you now the package is then unpacked by your computer system to reveal you the entirety of the google.com web page using complicated mathematics and software application all of this
communication takes place behind the scenes but to you it’s basic and user friendly in fact if we needed to type 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 nets because 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 basically the very same thing that i simply discussed other than it’s for ethereum ens represents ethereum name service and practically lets me tell you that whiteboardcrypto.eth is my wallet address so you can simply type that in and pay me 20 if you desire by the way if you don’t have 20 and you wish to support the channel feel free to leave a like below it’s totally free and it rewards all our effort on this video and the past hundred that we have actually been actually hard at work producing but anyways if you’re not used to comprehending crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d need to share
Existing domain name register to release 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 kind of blockchain based domain you can move it to any place you desire whatever wallet you want with ease alright so now let’s delve into my laptop and enter into the guide section of the video where i wish to reveal you unstoppable domain how to get a domain name how to set up a particular wallet so you can attach the domain name that you bought to your wallet etc so you can truly understand how to appropriately use unstoppable domain so let’s get started welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get going with this site is really basic you simply come here and after that you type in the domain that you desire right here and then click on search now i want simply want to point out that they do have specific rate points for the number of characters remain in the domain that you want to get so something over 8 characters will be 40 the smaller the domain name the more costly it’s going to be so for instance if i was come here and i enter my last name 2 400 uh i think i’ll pass but anyways let me go ahead and simply include this to haul for presentation purposes we’ll go to the carts and that’s it all right and
then you click here checkout which’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 versatile i like it’s that it’s not one of those odd 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 fine which’s it and so when 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 website dot crypto which’s it how to claim your crypto domain address now the reason why you ‘d want to go through the procedure and in fact claim uh your domain addresses due to the fact that one then you really own it then 2 you can do whatever you want with it if you wish to go offer it on some type of like nft marketplace you can proceed and do that all right so similar to when you buy any type of cryptocurrency from an exchange like uh coinbase for instance what it is is simply an iou it’s an iou till you actually 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 guess you know this is you you haven’t declared it yet so it’s an iou that you own this and so i simply wish to briefly mention at the time of this video that there are a couple of ways to declare your domain the first way is that you need to buy a claim with credits charge so that costs uh at this time 40 per domain therefore that’s spends for the gas costs you’re like what are gas fees look this the ethereum network you actually 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 currently 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 option that makes it easy to claim however anyways to begin is really simple so we go here say if i wish to claim this one make a website.crypto we’ll declare with ethereum right there claim procedure 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 on 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 best click copy paste there we go boom put that in all right great now you resemble 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 couple of 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 utilizing desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re simply going to utilize 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 that set up metamask for chrome okay 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 on begin we are new to metamask so here is where you have to establish a wallet a wallet is what you make with your cryptocurrency Namecoin-qt