Find Unstoppable Domains Faq

comprehending the power of the first thing we’ll need to do is understand dns here…Unstoppable Domains Faq…

utilizing examples so that’s exactly what we’re going to be using to assist you understand dns so dns represents domain name service which is an elegant way of stating that it is a valuable service which allows us people to type in human legible addresses into the search bar and after that it will instantly turn them into machine readable addresses so the majority of you are probably familiar with ip addresses and those are exactly how a computer system at one end of the internet knows how to talk specifically to another computer somewhere else and not simply scream it into the void that is the web when you enter google.com and you hit enter your computer sends out a message to your internet service provider saying yo where’s google the internet service provider learns 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 plan is then unpacked by your computer system to reveal you the totality of the google.com home page using complex math and software all of this communication takes place behind the scenes but to you it’s easy and user friendly in fact if we had to enter 8.8.8.8 into the url bar instead of google.com a lot more individuals would be confused 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 essentially what a dns is a translator for people to speak machine code next up let’s see how this works for crypto ens is basically the very same thing that i just discussed except it’s for ethereum ens means

ethereum name service and pretty much lets me inform 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 do not hesitate to leave a like below it’s free and it rewards all our hard work on this video and the past hundred that we have actually been truly hard at work producing however anyways if you’re not utilized to comprehending the option to sharing white boards crypto.eth with someone is i ‘d have to share them this i can’t tell someone that and i could not reliably type that into a computer system you have to copy and paste it and that is basically what ens does is equate

As you most likely already understand, crypto transactions are irreversible. When you send out character, unbelievably long ERC-20 address and heaven forbid you mess up one character, you could be sending your preciousinto oblivion never to be seen again. All of us know the painstaking minutes in between when you send out crypto, to when it arrives at the destination, praying to the that the address was correct.

The reverse is also true, state someone wants to send you some and they screw up even a single digit, best of luck asking them to resend more after they just lost their funds. This is extremely troublesome, especially if you are trying to run a service and are depending on payments, with your clients all running the risk of entering your getting address incorrectly.