comprehending the power of the first thing we’ll require to do is understand dns here…Connect Unstoppable Domain To Metamask…
using examples so that’s exactly what we’re going to be utilizing to help you comprehend dns so dns stands for domain name service which is a fancy way of stating that it is a practical service which permits us humans to enter human legible addresses into the search bar and after that it will instantly turn them into machine understandable addresses so most of you are probably knowledgeable about ip addresses and those are exactly how a computer at one end of the internet knows how to talk particularly to another computer somewhere else and not simply shout it into the abyss that is the web when you enter 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 trying to find them and then grabs a package back to send out 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 application all of this communication takes place behind the scenes but to you it’s basic and easy to use in fact if we needed to enter 18.104.22.168 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 since it makes good sense to us so that’s essentially 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 except it’s for ethereum ens means
ethereum name service and practically 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 wish to support the channel do not hesitate to leave a like listed below it’s complimentary and it rewards all our effort on this video and the past hundred that we have actually been really hard at work developing however anyways if you’re not utilized to comprehending the alternative to sharing whiteboard crypto.eth with someone is i ‘d have to share them this i can’t inform someone that and i couldn’t reliably type that into a computer system you have to copy and paste it and that is basically what ens does is translate
As you most likely currently understand, crypto transactions are permanent. When you send out character, unbelievably long ERC-20 address and paradise forbid you mess up one character, you might be sending your preciousinto oblivion never to be seen once again. All of us know the painstaking moments in between when you send out crypto, to when it comes to the location, praying to the that the address was appropriate.
The reverse is also real, say somebody wishes to send you some and they ruin even a single digit, all the best asking to resend more after they simply lost their funds. This is extremely frustrating, specifically if you are attempting to run a business and are relying on payments, with your customers all running the risk of entering your receiving address incorrectly.