Unstoppable Domains Vs Handshake 2022

describe subjects of the cryptocurrency world…Unstoppable Domains Vs Handshake. using analogies stories and examples so that you can easily comprehend them in this video we are going to be describing what unstoppable domains is how they might be better than ens and what that indicates for individuals getting into the complex crypto area prior to we really get to understanding the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at whiteboard crypto we enjoy using examples so that’s precisely what we’re going to be using to help you understand dns so dns stands for domain name service which is an elegant way of saying that it is a helpful service which allows us people to type in human understandable addresses into the search bar and after that it will automatically turn them into machine readable addresses so most of you are probably knowledgeable about ip addresses and those are exactly how a computer system at one end of the internet understands how to talk particularly to another computer system elsewhere and not just shout it into the abyss 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 finds out and goes to where google is tells them that you are looking for them and then gets a plan back to send out to you now the bundle is then unpacked by your computer system to show you the entirety of the google.com web page utilizing complex math and software application all of this

interaction occurs behind the scenes however to you it’s easy and easy to use in fact if we had to key in 8.8.8.8 into the url bar instead of google.com a lot more individuals would be confused 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 people to speak machine code next up let’s see how this works for crypto ens is basically the very same thing that i just discussed except it’s for ethereum ens means ethereum name service and practically lets me tell 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 do not have 20 and you want 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 truly hard at work producing but anyways if you’re not utilized to understanding crypto the alternative to sharing whiteboard crypto.eth with someone 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 and so on uh when you have a dot crypto dot zill any kind of blockchain based domain name you can move it to wherever you want whatever wallet you want with ease alright so now let’s jump into my laptop computer and enter into the tutorial section of the video where i want to show you unstoppable domain how to get a domain how to set up a particular wallet so you can attach the domain name that you purchased to your wallet etc so you can really comprehend how to properly use unstoppable domain names so let’s get going welcome to my laptop let’s start so this is unstoppable domains.com now to get going with this website is very basic you just come here and after that you enter the domain name that you want right here and after that click search now i want simply want to point out that they do have specific price points for the number of characters remain in the domain 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 example if i was come here and i enter my surname 2 400 uh i believe i’ll pass however anyways let me proceed and simply include this to cart for demonstration functions we’ll go to the carts and that’s it okay 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 truly like i like that it’s flexible i like it’s that it’s not one of those weird crypto sites where you need to pay in cryptocurrency or you have to purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you want 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 therefore we have right down there so i own my name dot crypto and make a website dot crypto which’s it how to declare your crypto domain address now the reason you ‘d want to go through the process and in fact claim uh your domain addresses since 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 fine so much like when you buy any kind of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou up until you in fact move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you know it resembles a hot wallet i guess you know this is you you have not declared it yet so it’s an iou that you own this therefore i just wish to briefly mention at the time of this video that there are a few ways to claim your domain name the first method is that you have to acquire a claim with credits fee so that expenses uh at this time 40 per domain name and so that’s spends for the gas fees you resemble what are gas costs look this the ethereum network you actually need to pay uh to move things on and off by means of gas charges second is you can pay the gas fees straight 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 simply wait up until august so then they’ll have a scaling solution that makes it simple to claim but anyways to get going is very easy so we go here say if i want to claim this one make a website.crypto we’ll claim with ethereum right there claim process 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 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 simply highlight that ideal click copy paste there we go boom put that in all right terrific now you’re like whoa what do i do choose 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 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 use metamask so to begin with metamask is easy meta mask there we go all right so we click here then we wish to download it now click on that install metamask for chrome all right and let’s proceed and add to chrome include extension and there we go alright so now the metamask app is set up on our browser so we just click on get going we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you make with your cryptocurrency Unstoppable Domains Vs Handshake

Find Unstoppable Domains Vs Handshake 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 when and it’s yours permanently.

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Blockchain innovation has opened a digital, self-governing, distributed journal that anybody from around the world can negotiate on. Negotiating on the blockchain involves interacting with wallet addresses. Each cryptocurrency has a wallet and each wallet has an address.

Sometimes a wallet will have more than one getting address. These addresses are prolonged and complex strings containing both numbers and letters. More than typically, it is tough to validate that you have actually entered the correct address before sending out because of the length and intricacy of blockchain addresses. Also, if you mistakenly send out one to a wallet address that comes from a various cryptocurrency, for instance, send Bitcoin to an Ethereum address, then the funds you send will be lost forever. , if just there was a way to link an understandable domain name to a wallet address.. This must make it much easier 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 central organization that protects and maintains your bank account. Considering that there is no central organization, such as a bank, securing your wallet on the blockchain, individuals 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 complex.

A raw blockchain wallet utilizes a cryptographic protocol called secrets. Each blockchain wallet has a set of secrets. 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. For that reason, it is essential that you don’t share your private key with anyone else as you would approve them free access to your wallet. On the other hand, the public key is like your savings account number and is utilized to inform people where to send money to if they wish to pay you. You can share your public secret with anybody that wishes to send you money.

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

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

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In the background, the technology from s routes the various currencies to their respective wallets. This even gets rid of the need 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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