comprehending the power of the first thing we’ll need to do is comprehend dns here….X Domain Names…
utilizing examples so that’s exactly what we’re going to be using to assist you comprehend dns so dns represents domain service which is an elegant way of saying that it is a helpful service which enables us humans to key in human readable addresses into the search bar and then it will immediately turn them into machine legible addresses so the majority of you are most likely familiar with ip addresses and those are exactly how a computer system at one end of the internet understands 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 struck enter your computer system sends out 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 grabs a bundle back to send to you now the bundle is then unpacked by your computer to reveal you the totality of the google.com home page utilizing complex math and software all of this interaction occurs behind the scenes but to you it’s easy and easy to use in fact if we needed to type in 126.96.36.199 into the url bar instead of google.com a lot more individuals would be confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and webs due to the fact that it makes sense to us so that’s basically what a dns is a translator for people to speak machine code next up let’s see how this works for crypto ens is basically the exact 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 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 free and it rewards all our hard work on this video and the past hundred that we’ve been actually hard at work developing however anyways if you’re not used to understanding the option to sharing white boards crypto.eth with somebody is i ‘d have to share them this i can’t tell somebody that and i could not dependably type that into a computer you have to copy and paste it and that is essentially what ens does is equate
As you most likely already understand, crypto deals are irreversible. When you send out character, unbelievably long ERC-20 address and paradise forbid you mess up one character, you could be sending your preciousinto oblivion never to be seen once again. All of us understand the painstaking moments in between when you send out crypto, to when it gets to the location, praying to the that the address was appropriate.
The reverse is also real, state someone wants to send you some and they mess up even a single digit, all the best asking to resend more after they just lost their funds. This is extremely bothersome, especially if you are trying to run an organization and are counting on payments, with your clients all running the risk of entering your getting address improperly.