comprehending the power of the first thing we’ll need to do is comprehend dns here…Unstoppable Domains News…
utilizing examples so that’s precisely what we’re going to be using to assist you understand dns so dns represents domain service which is an elegant method of stating that it is a valuable service which permits us human beings to key in human understandable addresses into the search bar and after that it will automatically turn them into maker legible addresses so the majority of you are probably knowledgeable about ip addresses and those are precisely how a computer at one end of the web understands how to talk particularly to another computer system somewhere else and not just shriek it into the abyss that is the web when you type 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 learns and goes to where google is tells them
that you are searching for them and after that gets a plan back to send to you now the bundle is then unpacked by your computer system to show you the entirety of the google.com home page using complicated mathematics and software all of this communication occurs behind the scenes however to you it’s basic and easy to use in fact if we had to type in 188.8.131.52 into the url bar instead of google.com a lot more individuals would be confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and webs since it makes sense to us so that’s essentially 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 just discussed except it’s for ethereum ens stands for
ethereum name service and basically 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 don’t have 20 and you want to support the channel do not hesitate to leave a like listed below it’s totally free and it rewards all our effort on this video and the past hundred that we have actually been truly hard at work developing however anyways if you’re not used to comprehending the alternative to sharing white boards crypto.eth with somebody is i ‘d need to share them this i can’t inform someone that and i couldn’t reliably type that into a computer system you have to copy and paste it which is basically what ens does is equate
As you most likely already know, crypto deals are permanent. When you send character, ridiculously 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 understand the painstaking moments between when you send crypto, to when it reaches 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, best of luck asking to resend more after they simply lost their funds. This is hugely frustrating, especially if you are trying to run a company and are counting on payments, with your customers all running the risk of entering your getting address improperly.