comprehending the power of the first thing we’ll need to do is comprehend dns here…Metamask Unstoppable Domain…
using examples so that’s precisely what we’re going to be utilizing to assist you understand dns so dns stands for domain service which is an elegant method of stating that it is a helpful service which enables us human beings to key in human understandable addresses into the search bar and then it will automatically turn them into maker understandable addresses so the majority of you are probably familiar with ip addresses and those are precisely how a computer at one end of the internet understands how to talk particularly to another computer somewhere else and not just shriek 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 searching for them and then grabs a plan back to send out to you now the package is then unpacked by your computer system to reveal you the entirety of the google.com web page using complex math and software application all of this interaction takes place behind the scenes however to you it’s easy and user friendly in fact if we needed to enter 188.8.131.52 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 same thing that i just discussed except it’s for ethereum ens means
ethereum name service and practically 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 don’t have 20 and you wish to support the channel feel free to leave a like below it’s totally free and it rewards all our effort on this video and the past hundred that we have actually been truly hard at work developing however anyways if you’re not utilized to comprehending the alternative to sharing whiteboard crypto.eth with somebody is i ‘d need to share them this i can’t inform somebody that and i couldn’t reliably type that into a computer system you need to copy and paste it which is basically what ens does is translate
As you most likely already know, crypto deals are irreparable. When you send out character, unbelievably long ERC-20 address and paradise forbid you mess up one character, you might be sending your preciousinto oblivion never to be seen once again. We all understand the painstaking moments in between when you send out crypto, to when it comes to the destination, praying to the that the address was correct.
The reverse is also real, say somebody wants to send you some and they mess up even a single digit, best of luck inquiring to resend more after they simply lost their funds. This is hugely bothersome, specifically if you are attempting to run an organization and are counting on payments, with your consumers all running the risk of entering your getting address improperly.