26.88 Namecoin 2022

discuss topics of the cryptocurrency world…26.88 Namecoin. using analogies stories and examples so that you can easily understand them in this video we are going to be explaining what unstoppable domains is how they might be better than ens and what that implies for people getting into the complicated crypto area before we really get to understanding the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at white boards crypto we like using examples so that’s exactly what we’re going to be utilizing to assist you understand dns so dns stands for domain name service which is an expensive method of stating that it is a helpful service which enables us people to enter human legible addresses into the search bar and after that it will instantly turn them into machine readable addresses so the majority of you are probably familiar with ip addresses and those are exactly how a computer at one end of the internet understands how to talk specifically to another computer somewhere else and not just scream it into the void that is the web when you enter google.com and you struck enter your computer system sends a message to your internet service provider saying yo where’s google the internet service provider finds out and goes to where google is tells them that you are searching for them and after that grabs a bundle back to send to you now the bundle is then unpacked by your computer to reveal you the entirety of the google.com home page using complicated mathematics and software all of this

communication occurs behind the scenes but to you it’s simple 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 people would be confused 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 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 same thing that i simply mentioned other than it’s for ethereum ens stands for ethereum name service and pretty much 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 do not have 20 and you want to support the channel feel free to leave a like below it’s complimentary and it rewards all our hard work on this video and the past hundred that we have actually been really hard at work producing but anyways if you’re not utilized to understanding crypto the option to sharing whiteboard crypto.eth with somebody is i ‘d need to share

Present domain register to launch domain name or in order to move it over to this other domain name register and so on uh when you have a dot crypto dot zill any kind of blockchain based domain name you can move it to anywhere you want whatever wallet you want with ease alright so now let’s jump into my laptop computer and get into the tutorial section of the video where i want to reveal you unstoppable domain how to get a domain name how to set up a particular wallet so you can connect the domain that you bought to your wallet etc so you can truly understand how to appropriately utilize unstoppable domain names so let’s get started welcome to my laptop computer let’s begin so this is unstoppable domains.com now to start with this website is really easy you just come here and after that you enter the domain that you desire right here and then click on search now i want simply want to discuss that they do have particular price points for how many characters remain in the domain that you want to get so something over 8 characters will be 40 the smaller the domain name the more pricey it’s going to be so for instance if i was come here and i key in my surname 2 400 uh i believe i’ll pass however anyways let me go ahead and just include this to haul for presentation purposes we’ll go to the carts which’s it alright and

You click on here checkout and that’s it and so you can pay with a credit card paypal crypto or you can pay with the crypto.com app and i truly like i like that it’s flexible i like it’s that it’s not one of those odd crypto sites where you have to pay in cryptocurrency or you have to buy unstoppable coin then exchange it or whatever no you can pay with however payment entrance you desire to use all right and that’s it and so when you’re all set then you’ll have your my domain name list in your account and so we have right down there so i own my name dot crypto and make a site dot crypto and that’s it how to claim your crypto domain address now the factor why you ‘d want to go through the procedure and in fact claim uh your domain addresses since one then you actually own it then two you can do whatever you want with it if you want to go offer it on some type of like nft marketplace you can go ahead and do that fine so simply like when you purchase any type of cryptocurrency from an exchange like uh coinbase for example what it is is just an iou it’s an iou till you really move the cryptocurrency from coinbase to your own wallet this is the very same so this is on there this is you know it’s like a hot wallet i think you understand this is you you have not claimed it yet so it’s an iou that you own this and so i just want to briefly reference at the time of this video that there are a couple of ways to claim your domain name the first method is that you have to acquire a claim with credits fee so that expenses uh at this time 40 per domain name and so that’s pays for the gas fees you’re like what are gas charges look this the ethereum network you actually have to pay uh to move things on and off via gas costs number two is you can pay the gas fees directly from your own wallet so if you already have a wallet set up and you have ethereum in there you can pay with your own ethereum or you can simply wait till august so then they’ll have a scaling service that makes it easy to claim however anyways to get started is very simple so we go here state if i want to declare this one make a website.crypto we’ll claim with ethereum right there claim process began so now we have to send the code by e-mail so click that and so right over here we’ll jump over here and wait for the code to hit my inbox there it is we’ll take this all right so here is the code i’ll take this we’ll simply highlight that best click copy paste there we go boom put that in alright excellent now you’re like whoa what do i do select wallet for claiming so unstoppable domains has their own app we have a web 3 wallet coinbase wall all mu wall is particularly for ethereum now there are a couple of different wallets that they suggest so for desktop there’s meta mask for mobile you can

use the coinbase wallet trust wallet for me personally i like metamask if you’re going to be using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re simply going to utilize metamask so to get start with metamask is easy meta mask there we go okay so we click on this link then we want to download it now click that install metamask for chrome alright and let’s go on and add to chrome include extension and there we go okay so now the metamask app is set up on our internet browser so we just click on get going we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you finish with your cryptocurrency 26.88 Namecoin