Find Matthew Gould Unstoppable Domains

comprehending the power of the first thing we’ll require to do is comprehend dns here…Matthew Gould Unstoppable Domains…

using examples so that’s precisely what we’re going to be using to assist you understand dns so dns represents domain service which is an expensive method of saying that it is a handy service which enables us humans to key in human understandable addresses into the search bar and after that it will immediately turn them into device understandable addresses so most of you are probably familiar with ip addresses and those are precisely how a computer system at one end of the internet knows how to talk particularly to another computer system somewhere else and not just shout it into the void that is the web when you key in google.com and you struck enter your computer sends a message to your internet service provider stating yo where’s google the internet service provider discovers and goes to where google is tells them

that you are looking for them and after that grabs a package back to send out to you now the plan is then unpacked by your computer system to reveal you the entirety of the google.com web page utilizing complicated mathematics and software application all of this communication takes place behind the scenes however to you it’s easy 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 puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and internet because 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 simply discussed other than it’s for ethereum ens means

ethereum name service and basically 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 effort on this video and the past hundred that we’ve been really hard at work producing however anyways if you’re not used to understanding the alternative to sharing whiteboard crypto.eth with somebody is i ‘d need to share them this i can’t inform someone that and i couldn’t dependably type that into a computer you need to copy and paste it and that is essentially what ens does is translate

As you likely already know, crypto transactions are permanent. So, when you send out character, ridiculously long ERC-20 address and paradise forbid you screw up one character, you could be sending your preciousinto oblivion never to be seen once again. We all understand the painstaking moments between when you send crypto, to when it reaches the location, praying to the that the address was correct.

The reverse is also true, state somebody wants to send you some and they mess up even a single digit, all the best inquiring to resend more after they just lost their funds. This is hugely problematic, specifically if you are trying to run a business and are relying on payments, with your clients all running the risk of entering your receiving address improperly.