comprehending the power of the first thing we’ll need to do is comprehend dns here…Does Metamask Support Unstoppable Domains…
utilizing examples so that’s exactly what we’re going to be using to assist you understand dns so dns stands for domain service which is an elegant way of saying that it is a helpful service which permits us humans to key in human legible addresses into the search bar and then it will instantly turn them into machine readable addresses so most of you are probably familiar with ip addresses and those are exactly how a computer system at one end of the web understands how to talk specifically to another computer system somewhere else and not simply shout it into the void that is the web when you type in google.com and you struck enter your computer system sends out 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 trying to find them and after that gets a package back to send out to you now the bundle is then unpacked by your computer system to reveal you the entirety of the google.com home page utilizing complicated math and software application all of this communication occurs behind the scenes but to you it’s basic and easy to use in fact if we needed to type in 188.8.131.52 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 internet due to the fact that it makes sense to us so that’s basically 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 very same thing that i just mentioned other than it’s for ethereum ens represents
ethereum name service and pretty much lets me tell 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 feel free to leave a like listed below it’s free and it rewards all our hard work on this video and the past hundred that we’ve been really hard at work creating however anyways if you’re not used to comprehending the option to sharing white boards crypto.eth with somebody is i ‘d need to share them this i can’t inform somebody that and i could not dependably type that into a computer you have to copy and paste it and that is basically what ens does is translate
As you most likely already know, crypto transactions are irreparable. So, when you send out character, unbelievably long ERC-20 address and paradise forbid you mess up one character, you could be sending your preciousinto oblivion never to be seen again. We all know the painstaking minutes in between when you send out crypto, to when it comes to the location, praying to the that the address was correct.
The reverse is likewise real, say someone wants to send you some and they ruin even a single digit, all the best asking to resend more after they just lost their funds. This is extremely bothersome, specifically if you are trying to run a business and are counting on payments, with your customers all risking of entering your getting address incorrectly.