comprehending the power of the first thing we’ll need to do is comprehend dns here…Unstoppable Online…
using examples so that’s exactly what we’re going to be utilizing to assist you understand dns so dns stands for domain service which is an expensive way of saying that it is a handy service which enables us humans to enter human readable addresses into the search bar and then it will instantly turn them into maker legible addresses so most of you are probably familiar with ip addresses and those are precisely how a computer at one end of the internet knows how to talk specifically to another computer system elsewhere and not simply shout 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 finds out and goes to where google is tells them
that you are looking for them and then gets a package back to send out to you now the package is then unpacked by your computer system to show you the totality of the google.com web page using complicated mathematics and software application all of this interaction occurs behind the scenes but to you it’s easy and easy to use in fact if we needed to key in 188.8.131.52 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 human beings 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 represents
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 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 have actually been truly hard at work creating however anyways if you’re not used to comprehending the option to sharing whiteboard crypto.eth with somebody is i ‘d need to share them this i can’t tell somebody that and i couldn’t dependably type that into a computer system you need to copy and paste it which is basically what ens does is translate
As you likely already understand, crypto deals are permanent. When you send character, ridiculously long ERC-20 address and heaven forbid you mess up one character, you might be sending your preciousinto oblivion never to be seen again. All of us know the painstaking moments in between when you send crypto, to when it gets to the location, praying to the that the address was correct.
The reverse is also true, state someone wants to send you some and they screw up even a single digit, best of luck asking to resend more after they just lost their funds. This is extremely bothersome, specifically if you are attempting to run an organization and are relying on payments, with your clients all risking of entering your getting address improperly.