Bitminter Namecoins 2022

explain subjects of the cryptocurrency world…Bitminter Namecoins. using examples stories and examples so that you can quickly comprehend them in this video we are going to be discussing what unstoppable domains is how they might be better than ens and what that implies for individuals entering into the complicated crypto space before we actually get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at white boards crypto we love using examples so that’s exactly what we’re going to be utilizing to help you understand dns so dns represents domain service which is an elegant way of stating that it is a practical service which enables us human beings to enter human legible addresses into the search bar and after that it will automatically turn them into machine legible addresses so most of you are most likely knowledgeable about ip addresses and those are exactly how a computer system at one end of the web understands how to talk particularly to another computer system elsewhere and not simply shriek it into the abyss that is the web when you enter google.com and you hit enter your computer sends out a message to your internet service provider saying yo where’s google the internet service provider learns and goes to where google is tells them that you are searching for them and after that gets a bundle back to send out to you now the bundle is then unpacked by your computer to show you the whole of the google.com home page using complex math and software all of this

interaction takes place behind the scenes however to you it’s basic and user friendly in fact if we needed to type 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 sense to us so that’s essentially 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 simply discussed except it’s for ethereum ens stands for ethereum name service and pretty much lets me inform 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 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 however anyways if you’re not used to understanding crypto the alternative to sharing white boards crypto.eth with somebody is i ‘d need to share

Existing domain register to launch domain 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 transfer it to any place you desire whatever wallet you want with ease all right so now let’s delve into my laptop and enter the guide section of the video where i wish to reveal you unstoppable domain how to get a domain how to establish a specific wallet so you can connect the domain name that you purchased to your wallet and so on so you can really comprehend how to properly use unstoppable domain so let’s get started welcome to my laptop let’s start so this is unstoppable domains.com now to begin with this site is extremely easy you just come here and after that you type in the domain name that you want right here and after that click search now i want just want to discuss that they do have specific price points for the number of characters are in the domain that you want to get so something over 8 characters will be 40 the smaller sized the domain the more pricey it’s going to be so for example if i was come here and i type in my surname 2 400 uh i think i’ll pass but anyways let me go ahead and just include this to cart for demonstration functions we’ll go to the carts and that’s it okay and

then you click here checkout which’s it and so you can pay with a charge 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 unusual crypto sites where you need to pay in cryptocurrency or you need to buy unstoppable coin then exchange it or whatever no you can pay with however payment gateway you wish to use all right which’s it therefore as soon as you’re all set then you’ll have your my domain list in your account and so we have right down there so i own my name dot crypto and make a website dot crypto and that’s it how to claim your crypto domain address now the reason why you ‘d wish to go through the process and really declare uh your domain addresses due to the fact that one then you really own it then two you can do whatever you want with it if you wish to go offer it on some kind of like nft marketplace you can go ahead and do that okay so just like when you buy any type of cryptocurrency from an exchange like uh coinbase for instance what it is is simply an iou it’s an iou till you in fact move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you know it’s like a hot wallet i think you know this is you you have not claimed it yet so it’s an iou that you own this therefore i simply wish to briefly mention at the time of this video that there are a few ways to declare your domain name the first method is that you need to acquire a claim with credits fee so that expenses uh at this time 40 per domain name and so that’s spends for the gas charges you’re like what are gas costs look this the ethereum network you in fact need to pay uh to move things on and off by means of gas costs number two is you can pay the gas fees straight from your own wallet so if you already have a wallet established 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 option that makes it simple to claim but anyways to start is very basic so we go here say if i wish to declare this one make a website.crypto we’ll claim with ethereum right there declare process began so now we need 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 strike 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 right click copy paste there we go boom put that in all right fantastic now you’re like whoa what do i do choose wallet for claiming so unstoppable domains has their own app we have a web 3 wallet coinbase wall all mu wall is specifically for ethereum now there are a couple of various wallets that they recommend so for desktop there’s meta mask for mobile you can

utilize the coinbase wallet trust wallet for me personally i like metamask if you’re going to be utilizing desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re just going to utilize metamask so to get start with metamask is easy meta mask there we go all right so we click here then we want to download it now click on that set up metamask for chrome alright and let’s go ahead and add to chrome add extension and there we go all right so now the metamask app is installed on our web browser so we just click get started we are brand-new to metamask so here is where you have to set up a wallet a wallet is what you make with your cryptocurrency Bitminter Namecoins