discuss topics of the cryptocurrency world…What Are The 3 New Opcodes Introduced By Namecoin?. utilizing analogies stories and examples so that you can quickly understand them in this video we are going to be describing 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 comprehending the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at white boards crypto we like using examples so that’s precisely what we’re going to be utilizing to help you comprehend dns so dns represents domain name service which is an expensive way of stating that it is a handy service which permits us human beings to enter human readable addresses into the search bar and then it will instantly turn them into maker readable addresses so the majority of you are most likely acquainted with ip addresses and those are exactly how a computer system at one end of the web understands how to talk specifically to another computer elsewhere and not simply scream it into the void that is the web when you type in google.com and you struck 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 after that grabs a plan 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 home page using complicated mathematics and software application all of this
communication happens behind the scenes but to you it’s simple and user friendly in fact if we needed to type in 22.214.171.124 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 nets since it makes good 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 essentially the exact same thing that i simply discussed except it’s for ethereum ens represents ethereum name service and pretty much lets me inform you that whiteboardcrypto.eth is my wallet address so you can just type that in and pay me 20 if you desire by the way if you don’t have 20 and you want to support the channel do not hesitate to leave a like below it’s free and it rewards all our effort on this video and the past hundred that we have actually been actually hard at work creating however anyways if you’re not used to understanding crypto the option to sharing white boards crypto.eth with someone is i ‘d have to share
Current domain name register to release domain name 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 any place you want whatever wallet you desire with ease okay so now let’s jump into my laptop computer and get into the tutorial area of the video where i wish to reveal you unstoppable domain how to get a domain name how to set up a specific wallet so you can connect the domain name that you purchased to your wallet and so on so you can really understand how to effectively use unstoppable domain names so let’s get started welcome to my laptop let’s start so this is unstoppable domains.com now to begin with this site is really basic you just come here and after that you key in the domain that you desire right here and after that click search now i desire simply wish to mention that they do have specific rate points for the number of characters remain in the domain name that you want to get so something over 8 characters will be 40 the smaller sized the domain name the more expensive it’s going to be so for example if i was come here and i key in my last name 2 400 uh i believe i’ll pass but anyways let me go ahead and just include this to haul for demonstration purposes we’ll go to the carts and that’s it alright 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 weird 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 gateway you want to use okay and that’s it and so when 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 factor why you ‘d desire to go through the process and in fact claim uh your domain addresses because one then you really 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 purchase 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 in fact move the cryptocurrency from coinbase to your own wallet this is the very same so this is on there this is you know it’s like a hot wallet i think you understand this is you you haven’t claimed it yet so it’s an iou that you own this and so i simply desire to briefly reference at the time of this video that there are a couple of methods 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 pays for the gas costs you’re like what are gas fees 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 fees 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 till august so then they’ll have a scaling service that makes it simple to claim however anyways to get begun is really simple so we go here say if i desire to declare this one make a website.crypto we’ll declare with ethereum right there declare process began so now we have to send the code by email so click that and so right over here we’ll leap over here and wait for the code to hit 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 fine excellent 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 various wallets that they advise so for desktop there’s meta mask for mobile you can
utilize 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 start with metamask is simple meta mask there we go okay so we click on this link then we want to download it now click that install metamask for chrome all right and let’s proceed and contribute to chrome include extension and there we go fine so now the metamask app is installed on our browser so we simply click on get going we are brand-new to metamask so here is where you have to set up a wallet a wallet is what you finish with your cryptocurrency What Are The 3 New Opcodes Introduced By Namecoin?