comprehending the power of the first thing we’ll need to do is comprehend dns here…Diana Unstoppable Domains…
utilizing examples so that’s precisely what we’re going to be using to assist you comprehend dns so dns represents domain name service which is a fancy method of saying that it is an useful service which permits us human beings to key in human understandable addresses into the search bar and after that it will immediately turn them into maker legible addresses so most of you are most likely 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 elsewhere and not simply yell it into the abyss that is the web when you enter 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 searching for them and after that grabs a plan back to send to you now the package is then unpacked by your computer to reveal you the whole of the google.com home page utilizing complicated mathematics and software all of this interaction takes place behind the scenes but to you it’s simple and user friendly in fact if we needed to key in 220.127.116.11 into the url bar instead of google.com a lot more individuals would be confused right we do not 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 human beings 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 means
ethereum name service and practically lets me inform you that whiteboardcrypto.eth is my wallet address so you can merely type that in and pay me 20 if you want 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 complimentary and it rewards all our hard work on this video and the past hundred that we have actually been truly hard at work creating but anyways if you’re not used to comprehending the alternative to sharing white boards crypto.eth with someone is i ‘d have to share them this i can’t tell somebody that and i could not dependably type that into a computer system you need to copy and paste it which is essentially what ens does is equate
As you likely currently understand, crypto deals are permanent. When you send out character, unbelievably long ERC-20 address and heaven forbid you mess up one character, you might be sending your preciousinto oblivion never to be seen once again. We all know the painstaking moments between when you send out crypto, to when it comes to the location, praying to the that the address was right.
The reverse is likewise true, say someone wants to send you some and they screw up even a single digit, all the best inquiring to resend more after they just lost their funds. This is hugely frustrating, especially if you are trying to run a company and are counting on payments, with your customers all running the risk of entering your getting address incorrectly.