Amazon Bought 4 Domain Related To Cryptocurrency 2022 – NFT Domains

discuss topics of the cryptocurrency world…Amazon Bought 4 Domain Related To Cryptocurrency. utilizing analogies stories and examples so that you can quickly comprehend 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 people getting into the complicated crypto space before we really get to comprehending the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we love utilizing examples so that’s exactly what we’re going to be utilizing to assist you understand dns so dns stands for domain service which is an elegant way of stating that it is a practical service which enables us human beings to type in human readable addresses into the search bar and then it will automatically turn them into device readable addresses so most of you are most likely knowledgeable about ip addresses and those are exactly how a computer system at one end of the internet knows how to talk particularly to another computer elsewhere and not just yell it into the void that is the web when you type in 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 learns and goes to where google is tells them that you are searching for them and after that grabs a plan back to send out to you now the bundle is then unpacked by your computer to reveal you the totality of the google.com home page utilizing complicated mathematics and software application all of this

communication occurs behind the scenes however to you it’s basic 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 individuals would be puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and internet because it makes good sense to us so that’s basically what a dns is a translator for human beings to speak machine code next up let’s see how this works for crypto ens is basically the same thing that i just discussed other than it’s for ethereum ens represents ethereum name service and basically 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 feel free to leave a like below it’s free and it rewards all our hard work on this video and the past hundred that we’ve been truly hard at work developing but anyways if you’re not used to understanding crypto the option to sharing whiteboard crypto.eth with someone is i ‘d have to share

Present domain register to launch domain or in order to move it over to this other domain register etc uh when you have a dot crypto dot zill any type of blockchain based domain name you can transfer it to any place you desire whatever wallet you want with ease all right so now let’s jump into my laptop computer and get into the guide area of the video where i wish to reveal you unstoppable domain names how to get a domain name how to set up a specific wallet so you can attach the domain that you bought to your wallet and so on so you can really comprehend how to properly use unstoppable domain so let’s begin welcome to my laptop computer let’s begin so this is unstoppable domains.com now to start with this website is very easy you just come here and after that you key in the domain that you want right here and after that click on search now i want simply wish to mention that they do have particular price points for how many characters are in the domain that you wish to get so something over 8 characters will be 40 the smaller the domain name the more pricey it’s going to be so for example if i was come here and i key in my last name 2 400 uh i think i’ll pass however anyways let me go ahead and simply add this to cart for presentation functions we’ll go to the carts which’s it all right and

then 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 flexible i like it’s that it’s not one of those odd crypto websites where you need to pay in cryptocurrency or you need to buy unstoppable coin then exchange it or whatever no you can pay with nevertheless payment entrance you want to utilize okay which’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 which’s it how to claim your crypto domain address now the reason that you ‘d wish to go through the procedure and really claim uh your domain addresses due to the fact that one then you really own it then two you can do whatever you desire with it if you wish to go offer it on some type of like nft marketplace you can proceed and do that okay 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 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 resembles a hot wallet i think you know this is you you haven’t claimed 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 methods to declare your domain the very first way is that you have to acquire a claim with credits charge so that expenses uh at this time 40 per domain name therefore that’s spends for the gas fees 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 by means of gas costs second 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 just wait up until august so then they’ll have a scaling solution that makes it simple to claim but anyways to start is extremely 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 process began so now we need to send out the code by email 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 simply highlight that best click copy paste there we go boom put that in all right terrific now you resemble whoa what do i do select 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 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 simply going to use metamask so to get going with metamask is simple meta mask there we go fine so we click on this link then we wish to download it now click that install metamask for chrome all right and let’s proceed and add to chrome include extension and there we go fine so now the metamask app is installed on our internet browser so we just click get going we are new to metamask so here is where you need to establish a wallet a wallet is what you make with your cryptocurrency Amazon Bought 4 Domain Related To Cryptocurrency