Find Unstoppable Domains Vs Ens

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

using examples so that’s precisely what we’re going to be utilizing to assist you comprehend dns so dns stands for domain service which is a fancy method of saying that it is a handy service which permits us people to enter human readable addresses into the search bar and then it will automatically turn them into device legible addresses so the majority of you are most likely knowledgeable about ip addresses and those are exactly how a computer system at one end of the internet understands how to talk specifically to another computer somewhere else and not simply yell it into the abyss that is the web when you key 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 discovers and goes to where google is tells them

that you are searching for them and after that grabs a plan back to send to you now the plan is then unpacked by your computer system to show you the totality of the google.com home page utilizing complicated mathematics and software all of this communication happens behind the scenes however to you it’s simple and user friendly in fact if we had to type in 8.8.8.8 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 because it makes good sense to us so that’s basically what a dns is a translator for human beings to speak machine code next up let’s see how this works for crypto ens is essentially the very same thing that i simply mentioned 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 just type that in and pay me 20 if you desire by the way if you don’t 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 effort on this video and the past hundred that we’ve been really hard at work developing however anyways if you’re not used to comprehending the alternative to sharing whiteboard crypto.eth with someone is i ‘d have to share them this i can’t inform somebody that and i could not reliably type that into a computer system you have to copy and paste it which is essentially what ens does is equate

As you likely currently understand, crypto deals are irreparable. So, when you send character, ridiculously long ERC-20 address and paradise forbid you ruin one character, you could be sending your preciousinto oblivion never to be seen again. We all know the painstaking moments in between when you send crypto, to when it gets to the destination, praying to the that the address was correct.

The reverse is also real, say someone wishes to send you some and they ruin even a single digit, all the best asking them to resend more after they simply lost their funds. This is hugely frustrating, especially if you are trying to run an organization and are counting on payments, with your consumers all risking of entering your receiving address improperly.