Find Crypto Domains Explained

comprehending the power of the first thing we’ll need to do is comprehend dns here…Crypto Domains Explained…

using examples so that’s precisely what we’re going to be utilizing to help you comprehend dns so dns stands for domain name service which is a fancy method of saying that it is a handy service which enables us people to enter human understandable addresses into the search bar and after that it will automatically turn them into maker legible addresses so most of you are probably acquainted with ip addresses and those are exactly how a computer system at one end of the internet understands how to talk specifically to another computer system elsewhere and not just scream it into the void that is the web when you type in google.com and you hit enter your computer sends out a message to your internet service provider saying yo where’s google the internet service provider learns 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 totality of the google.com home page using complex mathematics and software all of this interaction happens behind the scenes however to you it’s basic and easy to use in fact if we needed to enter 8.8.8.8 into the url bar instead of google.com a lot more individuals would be confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and webs due to the fact that it makes good sense to us so that’s basically what a dns is a translator for humans to speak machine code next up let’s see how this works for crypto ens is basically the exact same thing that i simply pointed out other than it’s for ethereum ens stands for

ethereum name service and pretty much lets me inform 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 don’t 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’ve been truly hard at work producing however anyways if you’re not utilized to understanding the option to sharing white boards crypto.eth with somebody is i ‘d need to share them this i can’t tell somebody that and i could not reliably type that into a computer system you need to copy and paste it and that is basically what ens does is equate

As you likely currently know, crypto deals are irreparable. So, when you send character, extremely long ERC-20 address and paradise forbid you ruin one character, you could be sending your preciousinto oblivion never to be seen once again. We all know the painstaking moments in between when you send crypto, to when it gets to the destination, praying to the that the address was proper.

The reverse is likewise real, state somebody wants to send you some and they ruin even a single digit, good luck asking them to resend more after they simply lost their funds. This is hugely frustrating, especially if you are attempting to run a business and are relying on payments, with your customers all risking of entering your getting address incorrectly.