comprehending the power of the first thing we’ll need to do is comprehend dns here…Unstopable Domain…
using examples so that’s precisely what we’re going to be using to help you comprehend dns so dns stands for domain service which is an elegant method of stating that it is an useful service which enables us humans to enter human readable addresses into the search bar and then it will immediately turn them into maker understandable addresses so the majority of you are probably acquainted with ip addresses and those are precisely how a computer system at one end of the web knows how to talk particularly to another computer somewhere else and not simply shriek it into the abyss that is the web when you key in google.com and you hit enter your computer system sends out 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 package is then unpacked by your computer system to show you the whole of the google.com web page using complicated mathematics and software all of this communication happens behind the scenes however to you it’s basic and easy to use in fact if we needed to key in 18.104.22.168 into the url bar instead of google.com a lot more people 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 good 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 essentially the same thing that i just mentioned 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 want to support the channel do not hesitate 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 actually hard at work developing but anyways if you’re not used to understanding the option to sharing white boards crypto.eth with someone is i ‘d need to share them this i can’t inform somebody that and i could not dependably type that into a computer system you have to copy and paste it and that is essentially what ens does is translate
As you likely currently know, crypto deals are irreparable. So, when you send out character, extremely long ERC-20 address and paradise forbid you screw up one character, you could be sending your preciousinto oblivion never ever to be seen once again. All of us know the painstaking moments in between when you send out crypto, to when it gets 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 ruin even a single digit, best of luck asking to resend more after they simply lost their funds. This is extremely troublesome, specifically if you are trying to run a company and are relying on payments, with your consumers all running the risk of entering your receiving address improperly.