Unstoppable Domains Ledger 2022

describe subjects of the cryptocurrency world…Unstoppable Domains Ledger. using examples stories and examples so that you can easily 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 people entering the complex crypto area before we actually get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we love using examples so that’s precisely what we’re going to be using to assist you comprehend dns so dns means domain service which is an elegant method of stating that it is an useful service which allows us human beings to type in human readable addresses into the search bar and after that it will instantly turn them into maker legible addresses so most of you are most likely acquainted with ip addresses and those are precisely how a computer system at one end of the internet understands how to talk particularly to another computer elsewhere and not just shriek it into the abyss that is the web when you enter google.com and you struck enter your computer system sends a message to your internet service provider saying yo where’s google the internet service provider finds out and goes to where google is tells them that you are searching for them and after that gets a bundle back to send to you now the bundle is then unpacked by your computer to show you the totality of the google.com home page using complicated math and software all of this

interaction takes place behind the scenes however to you it’s easy and easy to use 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 because 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 essentially the very same thing that i just pointed out except it’s for ethereum ens represents ethereum name service and basically lets me tell you that whiteboardcrypto.eth is my wallet address so you can merely 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’ve been actually hard at work developing however anyways if you’re not used to understanding crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d need to share

Present domain name register to launch domain or in order to move it over to this other domain name register and so on 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 want with ease okay so now let’s delve into my laptop and enter into the tutorial section of the video where i want to reveal you unstoppable domain how to get a domain name how to establish a specific wallet so you can attach the domain name that you bought to your wallet and so on so you can truly comprehend how to properly utilize unstoppable domain names so let’s begin welcome to my laptop let’s start so this is unstoppable domains.com now to begin with this website is very easy you simply come here and after that you enter the domain that you want right here and after that click search now i want just want to point out 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 sized 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 believe i’ll pass however anyways let me proceed and simply 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 truly 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 buy unstoppable coin then exchange it or whatever no you can pay with however payment entrance you want to use 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 declare your crypto domain address now the reason why you ‘d desire to go through the process and really declare uh your domain addresses because one then you actually own it then 2 you can do whatever you desire with it if you want to go sell it on some type of like nft marketplace 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 simply an iou it’s an iou up until 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 think you know this is you you have not claimed it yet so it’s an iou that you own this and so i simply want to briefly mention at the time of this video that there are a few methods to declare your domain name the very first way 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 costs you’re like what are gas charges look this the ethereum network you actually have to pay uh to move things on and off by means of gas fees number 2 is you can pay the gas charges 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 till august so then they’ll have a scaling option that makes it simple to claim however anyways to get started is really basic so we go here say if i want 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 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 ideal click copy paste there we go boom put that in okay excellent 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 few 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 just going to use metamask so to get going with metamask is simple meta mask there we go all right so we click on this link then we wish to download it now click on that set up metamask for chrome fine and let’s proceed and add to chrome add extension and there we go all right so now the metamask app is set up on our browser so we simply click on get started we are brand-new to metamask so here is where you need to establish a wallet a wallet is what you make with your cryptocurrency Unstoppable Domains Ledger

Find Unstoppable Domains Ledger 2022

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This is more than a web address. this is your cryptocurrency address, your login to the decentralized web, and your universal username. Even better, pay once and it’s yours permanently.

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Blockchain technology has actually opened a digital, autonomous, dispersed journal that anyone from around the world can transact on. Negotiating on the blockchain includes communicating with wallet addresses. Each cryptocurrency has each wallet and a wallet has an address.

Often a wallet will have more than one receiving address. If you accidentally send one to a wallet address that belongs to a various cryptocurrency, for circumstances, send out Bitcoin to an Ethereum address, then the funds you send will be lost forever. If just there was a method to connect an understandable domain name to a wallet address.

What Is A Blockchain Wallet? Domains that so not stop

In lots of ways, a blockchain wallet resembles a bank account in the real world. Each wallet has a “checking account number” and a “password”. What makes a blockchain wallet different from a checking account is that there is no central organization that protects and preserves your bank account. A blockchain wallet is totally your own duty. Because there is no central organization, such as a bank, protecting your wallet on the blockchain, people on a blockchain network count on file encryption to protect their funds in the network. With this holding true, the checking account number and password of each blockchain wallet are a bit more intricate.

A raw blockchain wallet utilizes a cryptographic procedure called secrets. Each blockchain wallet has a pair of keys. 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 shows that you are the owner of the funds in your wallet on the blockchain. Anybody with a wallet’s private secret can spend the funds in a wallet. It is essential that you do not share your private key with anybody else as you would approve them totally free access to your wallet. On the other hand, the public secret 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 secret with anybody that wishes to send you cash.

When getting funds from somebody, you would produce a receive address and share that with them. A getting address is generated using your wallet’s public secret. Some centralized cryptocurrency wallet suppliers give you the option to create several get addresses and add notes or payment references for record-keeping. There is no limit to how many get addresses you can generate for a blockchain wallet.

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

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In the background, the innovation from s routes the various currencies to their particular wallets. This even gets rid of the need for scanning QR codes since reading them is not 100 percent precise. Getting in touch with the Zilliqa Blockchain, their version of DNS is built on the Zilliqa blockchain.

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