Find Unstoppable Domains Ipo

understanding the power of the first thing we’ll need to do is comprehend dns here…Unstoppable Domains Ipo…

utilizing examples so that’s precisely what we’re going to be using to assist you understand dns so dns means domain service which is a fancy way of saying that it is an useful service which allows us people to enter human legible addresses into the search bar and after that it will immediately turn them into device understandable addresses so the majority of you are most likely knowledgeable about ip addresses and those are precisely how a computer at one end of the web understands how to talk specifically to another computer elsewhere and not simply shriek it into the abyss 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 learns and goes to where google is tells them

that you are looking for them and after that gets a plan 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 web page using complex mathematics and software all of this interaction takes place behind the scenes but to you it’s basic and easy to use in fact if we needed to key in 8.8.8.8 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 webs because 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 exact same thing that i just pointed out other than 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 just 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 feel free to leave a like listed below it’s totally free and it rewards all our hard work on this video and the past hundred that we have actually been really hard at work developing 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 someone that and i could not reliably type that into a computer you have to copy and paste it which is essentially what ens does is equate

As you likely currently understand, crypto transactions are irreparable. When you send out character, ridiculously long ERC-20 address and heaven forbid you mess up one character, you might be sending your preciousinto oblivion never ever to be seen once again. All of us know the painstaking minutes between when you send crypto, to when it comes to the destination, praying to the that the address was appropriate.

The reverse is likewise true, say someone wishes to send you some and they screw up even a single digit, good luck inquiring to resend more after they just lost their funds. This is hugely frustrating, specifically if you are attempting to run a service and are counting on payments, with your customers all risking of entering your getting address incorrectly.