Find Web3 Domain

comprehending the power of the first thing we’ll require to do is understand dns here…Web3 Domain…

using examples so that’s exactly what we’re going to be utilizing to help you understand dns so dns means domain service which is a fancy way of stating that it is a handy service which enables us human beings to key in human readable addresses into the search bar and then it will instantly turn them into machine readable addresses so the majority of you are probably acquainted with ip addresses and those are exactly how a computer at one end of the web knows how to talk specifically 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 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 trying to find them and after that gets a plan back to send out to you now the bundle is then unpacked by your computer to show you the totality of the google.com web page utilizing complex math and software application all of this communication happens behind the scenes but to you it’s basic and user friendly in fact if we had to enter 8.8.8.8 into the url bar instead of google.com a lot more people would be confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and internet since 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 exact same thing that i simply pointed out 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 merely type that in and pay me 20 if you desire 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 complimentary and it rewards all our effort on this video and the past hundred that we’ve been really hard at work creating however anyways if you’re not used to understanding the alternative to sharing whiteboard crypto.eth with somebody is i ‘d need to share them this i can’t tell somebody that and i could not reliably type that into a computer you have to copy and paste it and that is essentially what ens does is equate

As you likely already know, crypto transactions are irreparable. When you send out character, extremely long ERC-20 address and heaven forbid you mess up one character, you might be sending your preciousinto oblivion never to be seen once again. All of us know the painstaking moments between when you send crypto, to when it comes to the location, praying to the that the address was appropriate.

The reverse is likewise real, state somebody wants to send you some and they ruin even a single digit, all the best asking them to resend more after they just lost their funds. This is extremely problematic, particularly if you are attempting to run a company and are counting on payments, with your clients all running the risk of entering your receiving address improperly.