Unstoppable Domains Vs Eth 2022

explain subjects of the cryptocurrency world…Unstoppable Domains Vs Eth. using examples stories and examples so that you can easily understand them in this video we are going to be discussing what unstoppable domains is how they might be much better than ens and what that implies for individuals entering into the complex crypto area prior to we really get to understanding the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at white boards crypto we enjoy using examples so that’s precisely what we’re going to be using to assist you comprehend dns so dns means domain name service which is a fancy way of stating that it is an useful service which allows us human beings to type in human legible addresses into the search bar and then it will immediately turn them into maker readable addresses so the majority 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 specifically to another computer system somewhere else and not just shriek it into the abyss that is the web when you enter google.com and you hit enter your computer system sends out 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 searching for them and after that grabs a package back to send out to you now the plan is then unpacked by your computer to reveal you the entirety of the google.com web page utilizing complicated mathematics and software application all of this

communication happens behind the scenes however to you it’s simple and easy to use in fact if we had to type in 8.8.8.8 into the url bar instead of google.com a lot more people would be puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and webs because it makes sense to us so that’s basically 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 pointed out except it’s for ethereum ens means ethereum name service and pretty much lets me inform 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 do not hesitate to leave a like listed below it’s free and it rewards all our effort on this video and the past hundred that we have actually been really 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

Existing domain 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 type of blockchain based domain you can move it to anywhere you want whatever wallet you desire with ease all right so now let’s delve into my laptop and get into the tutorial area of the video where i want to show you unstoppable domain how to get a domain how to establish a specific wallet so you can connect the domain that you purchased to your wallet and so on so you can really understand how to appropriately use unstoppable domain names so let’s start welcome to my laptop computer let’s start so this is unstoppable domains.com now to get started with this website is extremely easy you just come here and after that you enter the domain name that you want right here and then click on search now i want simply wish to point out that they do have specific rate points for how many characters are in the domain name that you want to get so something over 8 characters will be 40 the smaller the domain the more costly it’s going to be so for example if i was come here and i type in my surname 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 all right and

then you click 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 versatile i like it’s that it’s not one of those unusual crypto sites where you need to pay in cryptocurrency or you have to buy unstoppable coin then exchange it or whatever no you can pay with nevertheless payment entrance you want to utilize alright which’s it therefore 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 you ‘d want to go through the process and in fact declare uh your domain addresses due to the fact that one then you actually own it then two you can do whatever you desire with it if you wish to go sell it on some kind of like nft market you can proceed and do that fine so just like when you purchase any kind of cryptocurrency from an exchange like uh coinbase for example 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 understand this is you you haven’t declared it yet so it’s an iou that you own this and so i just want to briefly mention at the time of this video that there are a couple of ways to claim your domain name the first method is that you need to buy a claim with credits cost so that expenses uh at this time 40 per domain and so that’s pays for the gas costs you’re like what are gas costs look this the ethereum network you really need to pay uh to move things on and off via gas fees number two is you can pay the gas charges directly from your own wallet so if you already have a wallet established 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 service that makes it easy to claim but anyways to begin is really simple so we go here state if i want to claim this one make a website.crypto we’ll declare with ethereum right there declare procedure began so now we have to send the code by email so click that therefore right over here we’ll jump 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 ideal click copy paste there we go boom put that in fine fantastic 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 few various 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 utilize metamask so to get start with metamask is simple meta mask there we go fine so we click here then we want to download it now click on that install metamask for chrome alright and let’s go ahead and contribute to chrome include extension and there we go okay so now the metamask app is installed on our web browser so we just click get going we are new to metamask so here is where you need to set up a wallet a wallet is what you make with your cryptocurrency Unstoppable Domains Vs Eth

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Blockchain innovation has unlocked a digital, self-governing, dispersed ledger that anybody from across the globe can negotiate on. Negotiating on the blockchain includes connecting 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 complex and lengthy strings including both numbers and letters. More than often, it is hard to validate that you have actually entered the right address before sending out because of the length and complexity of blockchain addresses. If you inadvertently 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 permanently. If only there was a way to link a readable domain to a wallet address. This ought to make it easier to transact on blockchain networks considering that 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 secures and preserves your bank account. Since there is no central institution, such as a bank, protecting your wallet on the blockchain, individuals on a blockchain network rely on file 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 complex.

A raw blockchain wallet uses a cryptographic procedure called secrets. The personal 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 secret can invest the funds in a wallet.

A receiving address is generated using your wallet’s public secret. There is no limit to how numerous receive addresses you can generate for a blockchain wallet.

Now that we have had a look at how a blockchain wallet works, let’s proceed to take 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 because reading them is not one hundred percent precise. Connecting with the Zilliqa Blockchain, their variation of DNS is built on the Zilliqa blockchain.

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