Find Unstoppable Domains Trezor

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

using examples so that’s exactly what we’re going to be using to help you understand dns so dns stands for domain service which is an elegant way of saying that it is a practical service which enables us human beings to type in human readable addresses into the search bar and after that it will automatically turn them into maker legible addresses so the majority of you are most likely familiar with ip addresses and those are precisely how a computer at one end of the internet knows how to talk particularly to another computer somewhere else and not simply scream it into the abyss that is the web when you enter google.com and you hit enter your computer sends 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 looking for them and after that gets a package back to send out to you now the package is then unpacked by your computer system to reveal you the whole of the google.com home page utilizing complex mathematics and software application all of this interaction occurs behind the scenes however to you it’s basic and easy to use in fact if we had to key in 8.8.8.8 into the url bar instead of google.com a lot more individuals would be puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and internet due to the fact that it makes good 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 mentioned other than it’s for ethereum ens means

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 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 totally free and it rewards all our hard work on this video and the past hundred that we’ve been truly hard at work developing however anyways if you’re not utilized to understanding the option to sharing white boards crypto.eth with somebody is i ‘d have to share them this i can’t inform someone that and i could not dependably type that into a computer system you have to copy and paste it and that is essentially what ens does is translate

As you likely already understand, crypto transactions are irreparable. When you send character, extremely long ERC-20 address and heaven forbid you mess up one character, you could be sending your preciousinto oblivion never to be seen again. We all understand the painstaking moments in between when you send crypto, to when it arrives at the location, praying to the that the address was right.

The reverse is also real, state someone wishes to send you some and they screw up even a single digit, best of luck asking them to resend more after they simply lost their funds. This is extremely troublesome, especially if you are attempting to run a company and are depending on payments, with your consumers all risking of entering your receiving address incorrectly.