Amazon Buys Crypto Domains 2022 – NFT Domains

discuss subjects of the cryptocurrency world…Amazon Buys Crypto Domains. 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 indicates for individuals getting into the complex crypto area prior to we in fact get to comprehending the power of unstoppable domains the first thing we’ll need to do is understand dns here at white boards crypto we like utilizing examples so that’s exactly what we’re going to be using to help you comprehend dns so dns means domain name service which is a fancy way of saying that it is a handy service which enables us people to key in human readable addresses into the search bar and after that it will instantly turn them into machine legible addresses so the majority of you are probably familiar with ip addresses and those are precisely how a computer at one end of the internet knows how to talk particularly to another computer system elsewhere and not simply shriek it into the abyss that is the web when you key in google.com and you struck enter your computer 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 trying to find them and then gets a bundle back to send to you now the plan is then unpacked by your computer to reveal you the whole of the google.com web page using complicated mathematics and software application all of this

interaction takes place behind the scenes however to you it’s basic and user friendly 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 puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and nets due to the fact that it makes 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 simply discussed except it’s for ethereum ens means ethereum name service and basically 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 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 really hard at work creating but anyways if you’re not utilized to comprehending crypto the option to sharing white boards crypto.eth with somebody is i ‘d need to share

Present domain register to launch domain name or in order to move it over to this other domain name register etc uh when you have a dot crypto dot zill any kind of blockchain based domain name you can transfer it to anywhere you want whatever wallet you desire with ease okay so now let’s delve into my laptop and enter into the tutorial section of the video where i want to show you unstoppable domain names how to get a domain name how to establish a particular wallet so you can connect the domain that you bought to your wallet and so on so you can truly understand how to effectively use unstoppable domain so let’s get going welcome to my laptop let’s begin so this is unstoppable domains.com now to get started with this site is extremely simple you simply come here and after that you type in the domain that you want right here and after that click search now i desire just want to mention 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 the domain the more costly it’s going to be so for instance if i was come here and i key in my surname 2 400 uh i think i’ll pass however anyways let me proceed and simply include this to cart for presentation functions we’ll go to the carts and that’s it alright and

then you click here checkout and that’s it therefore 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 unusual 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 however payment entrance you wish to utilize alright which’s it and so once you’re all set then you’ll have your my domain list in your account therefore we have right down there so i own my name dot crypto and make a site dot crypto and that’s it how to claim your crypto domain address now the reason why you ‘d want to go through the procedure and actually declare uh your domain addresses because one then you actually own it then two you can do whatever you want with it if you wish to go sell it on some kind of like nft market you can proceed and do that alright so similar to when you buy any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is simply an iou it’s an iou until you really move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you understand it resembles a hot wallet i guess you know this is you you have not claimed it yet so it’s an iou that you own this therefore i simply want to briefly mention at the time of this video that there are a couple of methods to claim your domain the first method is that you have to acquire a claim with credits charge so that costs uh at this time 40 per domain name and so that’s spends for the gas costs you’re like what are gas costs look this the ethereum network you actually have to pay uh to move things on and off through gas fees number two is you can pay the gas charges 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 start is extremely basic so we go here state if i want to declare this one make a website.crypto we’ll declare with ethereum right there claim process started 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 all right great now you resemble 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 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 using 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 easy meta mask there we go alright so we click here then we want to download it now click on that install metamask for chrome okay and let’s proceed and contribute to chrome add extension and there we go fine so now the metamask app is installed on our internet browser so we just 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 make with your cryptocurrency Amazon Buys Crypto Domains