comprehending the power of the first thing we’ll require to do is understand dns here…Unstoppabe…
utilizing examples so that’s precisely what we’re going to be using to help you comprehend dns so dns stands for domain name service which is an elegant way of stating that it is a valuable service which allows us humans to key in human legible addresses into the search bar and then it will automatically turn them into machine understandable addresses so most of you are probably acquainted with ip addresses and those are precisely how a computer at one end of the internet understands how to talk particularly to another computer system elsewhere and not just yell it into the abyss that is the web when you key in google.com and you struck enter your computer system 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 trying to find them and after that gets a plan back to send to you now the package is then unpacked by your computer to reveal you the entirety of the google.com home page utilizing complex mathematics and software all of this communication takes place behind the scenes but to you it’s basic and easy to use in fact if we had to key in 220.127.116.11 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 nets since it makes good sense to us so that’s basically what a dns is a translator for humans to speak machine code next up let’s see how this works for crypto ens is essentially the same thing that i simply pointed out except it’s for ethereum ens means
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 don’t have 20 and you wish to support the channel feel free to leave a like listed below it’s complimentary and it rewards all our effort on this video and the past hundred that we have actually been actually hard at work producing but anyways if you’re not utilized to comprehending the alternative to sharing white boards crypto.eth with somebody is i ‘d have to share them this i can’t tell somebody that and i couldn’t reliably type that into a computer you have to copy and paste it and that is essentially what ens does is translate
As you most likely already understand, crypto transactions are irreparable. When you send character, extremely long ERC-20 address and heaven forbid you mess up one character, you might be sending your preciousinto oblivion never to be seen again. All of us understand the painstaking moments between when you send crypto, to when it gets to the location, praying to the that the address was proper.
The reverse is also true, state somebody wishes to send you some and they ruin even a single digit, all the best inquiring to resend more after they just lost their funds. This is hugely frustrating, particularly if you are trying to run a business and are depending on payments, with your clients all risking of entering your getting address incorrectly.