Find Filecoin Vs Unstoppable Domains

comprehending the power of the first thing we’ll require to do is understand dns here…Filecoin Vs Unstoppable Domains…

using examples so that’s precisely what we’re going to be utilizing to assist you understand dns so dns represents domain name service which is an expensive method of saying that it is an useful service which allows us people to type in human understandable addresses into the search bar and after that it will instantly turn them into machine readable addresses so most of you are most likely acquainted with ip addresses and those are precisely how a computer system at one end of the internet knows how to talk specifically to another computer elsewhere and not just scream it into the void that is the web when you enter 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 finds out and goes to where google is tells them

that you are trying to find them and then gets a package back to send to you now the bundle is then unpacked by your computer to show you the whole of the google.com web page utilizing complex mathematics and software all of this communication happens behind the scenes however to you it’s simple and user friendly in fact if we had to enter 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 internet since it makes 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 very same thing that i simply pointed out other than it’s for ethereum ens stands for

ethereum name service and practically lets me tell 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 below it’s totally 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 used to understanding the option to sharing whiteboard crypto.eth with someone is i ‘d need to share them this i can’t tell someone that and i couldn’t reliably type that into a computer system you need to copy and paste it which is essentially what ens does is translate

As you likely already know, crypto transactions are permanent. So, when you send character, unbelievably long ERC-20 address and heaven forbid you mess up one character, you could be sending your preciousinto oblivion never ever to be seen once again. All of us know the painstaking minutes between when you send out crypto, to when it gets to the location, praying to the that the address was right.

The reverse is also real, state someone wishes 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 hugely bothersome, especially if you are trying to run a company and are counting on payments, with your customers all risking of entering your getting address incorrectly.