Why Are .Io Domains Popular With Crypto 2022 – NFT Domains

describe subjects of the cryptocurrency world…Why Are .Io Domains Popular With Crypto. using examples stories and examples so that you can easily comprehend them in this video we are going to be explaining what unstoppable domains is how they might be better than ens and what that means for people entering the complex crypto area before we actually 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 enjoy using examples so that’s precisely what we’re going to be utilizing to help you understand dns so dns represents domain name service which is an expensive way of saying that it is a handy service which enables us humans to type in human readable addresses into the search bar and then it will immediately turn them into device legible addresses so the majority 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 somewhere else and not simply yell it into the abyss that is the web when you type 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 discovers and goes to where google is tells them that you are looking for them and after that grabs a bundle back to send to you now the bundle is then unpacked by your computer to reveal you the entirety of the google.com home page utilizing complex mathematics and software application all of this

interaction takes place behind the scenes but to you it’s basic and user friendly 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 confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and internet due to the fact that it makes sense to us so that’s essentially what a dns is a translator for humans to speak machine code next up let’s see how this works for crypto ens is essentially the same thing that i just discussed except it’s for ethereum ens stands for ethereum name service and basically lets me tell you that whiteboardcrypto.eth is my wallet address so you can merely type that in and pay me 20 if you desire by the way if you do not have 20 and you wish to support the channel do not hesitate 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 actually hard at work creating but anyways if you’re not used to understanding crypto the alternative to sharing white boards crypto.eth with somebody is i ‘d have to share

Current domain name 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 you can move it to any place you want whatever wallet you desire with ease alright so now let’s delve into my laptop and enter the guide section of the video where i want to reveal you unstoppable domain names how to get a domain name how to establish a particular wallet so you can attach the domain that you bought to your wallet etc so you can actually comprehend how to correctly utilize unstoppable domain names so let’s begin welcome to my laptop let’s start so this is unstoppable domains.com now to get going with this website is really easy you simply come here and after that you type in 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 particular cost 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 sized 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 think i’ll pass but anyways let me proceed and simply include this to haul for presentation functions we’ll go to the carts and that’s it fine and

then you click on here checkout which’s it therefore you can pay with a charge 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 websites where you need to pay in cryptocurrency or you need to purchase unstoppable coin then exchange it or whatever no you can pay with however payment gateway you wish to utilize all right which’s it therefore 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 declare your crypto domain address now the reason you ‘d want to go through the procedure and really declare uh your domain addresses because one then you really own it then two you can do whatever you desire with it if you wish to go sell it on some type of like nft marketplace you can go ahead and do that all right so much like 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 till you actually 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 just want to briefly reference at the time of this video that there are a couple of methods to declare your domain name the very first way is that you have to purchase a claim with credits fee so that costs uh at this time 40 per domain name therefore that’s spends for the gas fees you’re like what are gas costs look this the ethereum network you really have to pay uh to move things on and off through gas fees second is you can pay the gas charges directly from your own wallet so if you already have a wallet set up and you have ethereum in there you can pay with your own ethereum or you can simply wait until august so then they’ll have a scaling option that makes it simple to claim however anyways to start is really easy so we go here state if i wish to declare this one make a website.crypto we’ll claim with ethereum right there declare procedure started so now we need to send the code by email so click that therefore right over here we’ll jump 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 excellent now you’re like 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 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 using 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 start with metamask is simple 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 alright and let’s go on and add to chrome include extension and there we go okay so now the metamask app is installed on our browser so we just click get going we are brand-new to metamask so here is where you need to establish a wallet a wallet is what you finish with your cryptocurrency Why Are .Io Domains Popular With Crypto