Unstoppable Domains Chat 2022

discuss topics of the cryptocurrency world…Unstoppable Domains Chat. using analogies stories and examples so that you can quickly understand 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 implies for people getting into the complicated crypto space prior to we actually get to understanding the power of unstoppable domains the first thing we’ll need to do is comprehend 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 stands for domain name service which is a fancy way of saying that it is a handy service which allows us humans to enter human understandable addresses into the search bar and then it will automatically turn them into machine readable addresses so most of you are most likely knowledgeable about ip addresses and those are precisely how a computer system at one end of the internet understands how to talk particularly to another computer somewhere else and not just 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 discovers and goes to where google is tells them that you are looking for them and then grabs a plan back to send out to you now the plan is then unpacked by your computer to reveal you the entirety of the google.com home page using complicated math and software application all of this

interaction happens behind the scenes but to you it’s simple 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 individuals would be puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and internet due to the fact that it makes good 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 essentially the very same thing that i simply pointed out other than it’s for ethereum ens stands for 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 want by the way if you do not 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 really hard at work producing however anyways if you’re not utilized to understanding crypto the alternative to sharing white boards crypto.eth with someone is i ‘d have to share

Existing 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 kind of blockchain based domain you can move it to anywhere you want whatever wallet you desire with ease fine so now let’s jump into my laptop and enter the guide section of the video where i wish to reveal you unstoppable domain names how to get a domain name how to establish a specific wallet so you can connect the domain name that you bought to your wallet etc so you can really comprehend how to effectively use unstoppable domain names so let’s start welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get going with this site is very basic you just come here and then you enter the domain that you want right here and then click on search now i want simply wish to point out that they do have particular price points for the number of characters are in the domain name that you wish to get so something over 8 characters will be 40 the smaller sized 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 just add this to haul for demonstration 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 actually like i like that it’s flexible i like it’s that it’s not one of those odd 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 entrance you desire to utilize all right 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 site dot crypto and that’s it how to claim your crypto domain address now the reason why you ‘d desire to go through the procedure and actually declare uh your domain addresses because 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 simply 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 till you actually 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 think you understand this is you you have not declared it yet so it’s an iou that you own this and so i simply desire to briefly mention at the time of this video that there are a few methods to claim your domain name the first method is that you have to buy a claim with credits cost so that costs uh at this time 40 per domain name and so that’s pays for the gas fees 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 via gas fees number two is you can pay the gas costs 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 simply wait until august so then they’ll have a scaling solution that makes it simple to claim however anyways to get started is very easy so we go here state if i desire to claim this one make a website.crypto we’ll claim with ethereum right there declare procedure started 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 fantastic now you’re like whoa what do i do pick wallet for declaring 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 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 start with metamask is easy meta mask there we go fine so we click on this link then we wish to download it now click on that install metamask for chrome all right and let’s go ahead and contribute to chrome include extension and there we go all right so now the metamask app is set up on our internet browser so we just click on start we are new to metamask so here is where you need to establish a wallet a wallet is what you make with your cryptocurrency Unstoppable Domains Chat

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Blockchain technology has unlocked a digital, self-governing, dispersed journal that anyone from across the globe can negotiate on. Negotiating on the blockchain involves communicating with wallet addresses. Each cryptocurrency has a wallet and each wallet has an address.

Sometimes a wallet will have more than one receiving address. These addresses are prolonged and complex strings including both letters and numbers. More than often, it is hard to validate that you have gone into the right address prior to sending out because of the length and complexity of blockchain addresses. If you inadvertently send out one to a wallet address that belongs to a different cryptocurrency, for instance, 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 name to a wallet address. This must make it simpler to transact on blockchain networks since there would no longer be a need to connect 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 institution that protects and maintains your bank account. Because there is no main organization, such as a bank, protecting your wallet on the blockchain, individuals 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 complicated.

A raw blockchain wallet utilizes a cryptographic protocol called keys. Each blockchain wallet has a pair of secrets. One key 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 proves 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. It is essential that you don’t share your personal key with anybody else as you would give them free access to your wallet. On the other hand, the general public key is like your checking account number and is utilized to inform people where to send out cash to if they wish to pay you. You can share your public key with anybody that wishes to send you money.

When receiving funds from somebody, you would create a get address and share that with them. A getting address is generated utilizing your wallet’s public key. Some centralized cryptocurrency wallet providers provide you the choice to generate numerous get addresses and add notes or payment referrals 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 different currencies to their particular wallets. This even eliminates the requirement for scanning QR codes since reading them is not one hundred percent accurate. Connecting with the Zilliqa Blockchain, their variation of DNS is built on the Zilliqa blockchain.

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