Find Unstoppable Domain Ledger

understanding the power of the first thing we’ll need to do is understand dns here…Unstoppable Domain Ledger…

utilizing 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 expensive way of saying that it is a practical service which allows us people to enter human readable addresses into the search bar and after that it will automatically turn them into machine legible addresses so most of you are probably familiar with ip addresses and those are exactly how a computer system at one end of the web knows how to talk specifically to another computer system somewhere else 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 saying yo where’s google the internet service provider finds out and goes to where google is tells them

that you are looking for them and then grabs a plan back to send to you now the bundle is then unpacked by your computer to reveal you the entirety of the google.com web page utilizing complicated mathematics and software all of this communication occurs behind the scenes but to you it’s simple 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 people would be confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and internet since 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 essentially the same thing that i just pointed out except it’s for ethereum ens represents

ethereum name service and basically lets me inform you that whiteboardcrypto.eth is my wallet address so you can just 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 feel free to leave a like below it’s complimentary and it rewards all our effort on this video and the past hundred that we’ve been actually hard at work developing 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 could not reliably type that into a computer system you need to copy and paste it and that is basically what ens does is equate

As you most likely currently know, crypto transactions 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 again. We all understand the painstaking moments in between when you send out crypto, to when it comes to the location, 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, all the best inquiring to resend more after they just lost their funds. This is hugely troublesome, specifically if you are trying to run a company and are counting on payments, with your consumers all risking of entering your receiving address improperly.