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comprehending the power of the first thing we’ll require to do is understand dns here…Unstoppable Website…

using examples so that’s exactly what we’re going to be utilizing to assist you understand dns so dns represents domain service which is an elegant method of stating that it is an useful service which permits us people to key in human readable addresses into the search bar and after that it will immediately turn them into machine readable addresses so most of you are most likely knowledgeable about ip addresses and those are exactly how a computer at one end of the web understands how to talk particularly to another computer system somewhere else and not just shout it into the void 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 searching for them and then gets a plan back to send to you now the package 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 easy and user friendly 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 confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and webs because 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 exact same thing that i just mentioned other than 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 just 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 below it’s free and it rewards all our effort on this video and the past hundred that we’ve been truly hard at work producing but anyways if you’re not utilized to comprehending the option to sharing white boards crypto.eth with somebody is i ‘d have to share them this i can’t inform somebody that and i couldn’t dependably type that into a computer you have to copy and paste it and that is basically what ens does is translate

As you likely currently understand, crypto deals are permanent. So, when you send character, unbelievably long ERC-20 address and heaven forbid you ruin one character, you could be sending your preciousinto oblivion never ever to be seen once again. All of us understand the painstaking moments between when you send out crypto, to when it arrives at the location, praying to the that the address was appropriate.

The reverse is also real, state somebody wishes to send you some and they mess up even a single digit, good luck asking to resend more after they just lost their funds. This is hugely problematic, specifically if you are trying to run a business and are relying on payments, with your customers all running the risk of entering your getting address incorrectly.