Youtube How Do Blockchain Domains Work 2022 – NFT Domains

explain subjects of the cryptocurrency world…Youtube How Do Blockchain Domains Work. using examples stories and examples so that you can easily understand 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 entering into the complicated crypto space before we in fact get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at white boards crypto we like using examples so that’s exactly what we’re going to be using to help you understand dns so dns means domain name service which is an elegant method of stating that it is an useful service which enables us human beings to type in human readable addresses into the search bar and after that it will instantly turn them into maker understandable addresses so most of you are probably acquainted with ip addresses and those are precisely how a computer system at one end of the internet understands how to talk specifically 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 hit enter your computer system 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 plan back to send to you now the bundle is then unpacked by your computer to show you the entirety of the google.com home page utilizing complicated math and software all of this

communication happens behind the scenes but to you it’s basic and user friendly 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 don’t speak in numbers or ip addresses we speak in dot coms dot orgs and nets because it makes good 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 very same thing that i simply mentioned except it’s for ethereum ens stands for ethereum name service and pretty much lets me tell you that whiteboardcrypto.eth is my wallet address so you can simply type that in and pay me 20 if you desire by the way if you don’t have 20 and you wish 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 actually hard at work creating but anyways if you’re not utilized to understanding crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d need to share

Existing domain name register to launch domain name or in order to move it over to this other domain register and so on uh when you have a dot crypto dot zill any kind of blockchain based domain name you can transfer it to wherever you desire whatever wallet you desire with ease alright so now let’s jump into my laptop and enter the tutorial area of the video where i wish to reveal you unstoppable domain how to get a domain name how to establish a specific wallet so you can attach the domain name that you bought to your wallet and so on so you can really comprehend how to effectively utilize unstoppable domain so let’s begin welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get started with this site is extremely easy you simply come here and then you enter the domain that you desire right here and then click search now i want simply want to point out that they do have specific cost points for how many characters are in the domain that you want to get so something over 8 characters will be 40 the smaller the domain name the more expensive it’s going to be so for instance if i was come here and i type in my surname 2 400 uh i think i’ll pass however anyways let me go ahead and just include this to haul for presentation functions we’ll go to the carts and that’s it fine and

then you click here checkout which’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 strange crypto sites where you have to pay in cryptocurrency or you need to buy unstoppable coin then exchange it or whatever no you can pay with however payment entrance you wish to utilize fine which’s it and so as soon as you’re all set then you’ll have your my domain 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 you ‘d want to go through the process and in fact declare uh your domain addresses due to the fact that one then you actually 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 on and do that alright so just like when you purchase 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 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 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 ways to claim your domain name the first way is that you have to buy a claim with credits cost so that costs uh at this time 40 per domain and so that’s pays for the gas charges you resemble 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 fees second is you can pay the gas costs straight 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 just wait till august so then they’ll have a scaling option that makes it simple to claim but anyways to begin is very easy so we go here say if i wish to claim this one make a website.crypto we’ll declare with ethereum right there claim procedure started 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 hit my inbox there it is we’ll take this all right so here is the code i’ll take this we’ll just highlight that best click copy paste there we go boom put that in fine terrific now you’re like whoa what do i do select wallet for claiming so unstoppable domains has their own app we have a web 3 wallet coinbase wall all mu wall is particularly for ethereum now there are a few different wallets that they advise 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 just going to use metamask so to begin with metamask is easy meta mask there we go alright so we click on this link then we wish to download it now click on that install metamask for chrome okay and let’s go ahead and contribute to chrome add extension and there we go alright so now the metamask app is set up on our web browser so we simply click start 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 Youtube How Do Blockchain Domains Work