comprehending the power of the first thing we’ll need to do is understand dns here…Unstoppable Domains Hosting…
using examples so that’s exactly what we’re going to be utilizing to assist you comprehend dns so dns represents domain service which is a fancy way of saying that it is an useful service which allows us humans to type in human legible addresses into the search bar and then it will instantly turn them into maker understandable addresses so most of you are probably knowledgeable about ip addresses and those are precisely how a computer system at one end of the web knows how to talk specifically to another computer system elsewhere and not just shout it into the void that is the web when you type in google.com and you hit enter your computer 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 searching for them and then grabs a package back to send out to you now the plan is then unpacked by your computer system to show you the whole of the google.com home page utilizing complicated mathematics and software application all of this interaction takes place behind the scenes however to you it’s simple and user friendly in fact if we needed to enter 220.127.116.11 into the url bar instead of google.com a lot more people 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 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 exact same thing that i simply pointed out other than it’s for ethereum ens stands for
ethereum name service and basically lets me tell you that whiteboardcrypto.eth is my wallet address so you can simply type that in and pay me 20 if you desire by the way if you do not have 20 and you want to support the channel do not hesitate to leave a like below it’s totally free and it rewards all our hard work on this video and the past hundred that we’ve been actually hard at work producing however anyways if you’re not used to comprehending the alternative 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 dependably 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 currently understand, crypto transactions are irreparable. When you send out character, extremely long ERC-20 address and paradise forbid you mess up one character, you could be sending your preciousinto oblivion never to be seen again. We all know the painstaking moments between when you send crypto, to when it comes to the destination, praying to the that the address was right.
The reverse is likewise true, state someone wishes to send you some and they mess up even a single digit, best of luck asking them to resend more after they just lost their funds. This is hugely problematic, specifically if you are trying to run an organization and are counting on payments, with your customers all running the risk of entering your getting address incorrectly.