Btc.Com Namecoin 2022

explain subjects of the cryptocurrency world…Btc.Com Namecoin. utilizing analogies stories and examples so that you can quickly comprehend them in this video we are going to be explaining what unstoppable domains is how they might be much better than ens and what that indicates for individuals entering the complex crypto space before we really get to comprehending the power of unstoppable domains the first thing we’ll need to do is understand dns here at whiteboard crypto we enjoy utilizing examples so that’s precisely what we’re going to be using to help you comprehend dns so dns stands for domain service which is an expensive method of saying that it is a practical service which allows us people to enter human legible addresses into the search bar and after that it will automatically turn them into machine readable addresses so most of you are most likely knowledgeable about ip addresses and those are precisely how a computer at one end of the web knows how to talk particularly to another computer system elsewhere and not simply shriek it into the void that is the web when you key in 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 looking for them and after that gets a bundle back to send to you now the plan is then unpacked by your computer to reveal you the entirety of the google.com web page using complex math and software application all of this

communication occurs behind the scenes but to you it’s simple and user friendly in fact if we had 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 internet since 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 same thing that i simply discussed except 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 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 have actually been actually 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 have to share

Existing domain name register to release domain or in order to move it over to this other domain register and so on uh when you have a dot crypto dot zill any type of blockchain based domain you can transfer it to anywhere you desire whatever wallet you desire with ease all right so now let’s jump into my laptop and enter into the guide area of the video where i wish to show you unstoppable domain names how to get a domain how to establish a particular wallet so you can attach the domain name that you purchased to your wallet and so on so you can really comprehend how to properly use unstoppable domain names so let’s begin welcome to my laptop computer let’s start so this is unstoppable domains.com now to get started with this site is extremely easy you simply come here and then you enter the domain that you want right here and then click search now i want just wish to discuss that they do have specific price points for how many characters remain in the domain name that you want to get so something over 8 characters will be 40 the smaller the domain the more expensive it’s going to be so for example if i was come here and i enter my surname 2 400 uh i believe i’ll pass however anyways let me go on and just add this to cart for presentation purposes we’ll go to the carts which’s it all right 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 actually like i like that it’s flexible i like it’s that it’s not one of those odd crypto websites where you have to pay in cryptocurrency or you have to purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless 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 website dot crypto and that’s it how to claim your crypto domain address now the factor why you ‘d want to go through the process and actually declare uh your domain addresses due to the fact that one then you in fact own it then 2 you can do whatever you want with it if you want to go sell it on some type of like nft market you can go ahead and do that alright so simply like when you purchase any type of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou up until you really move the cryptocurrency from coinbase to your own wallet this is the exact 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 mention at the time of this video that there are a couple of ways to claim your domain name the first way is that you have to purchase a claim with credits charge so that expenses uh at this time 40 per domain name and so that’s pays for the gas costs you’re like what are gas fees 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 charges directly from your own wallet so if you currently have a wallet set up and you have ethereum in there you can pay with your own ethereum or you can just wait up until august so then they’ll have a scaling service that makes it easy to claim but anyways to get begun is very easy so we go here state if i desire to claim this one make a website.crypto we’ll claim with ethereum right there claim procedure began so now we have to send out the code by e-mail so click that and so right over here we’ll leap 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 right click copy paste there we go boom put that in fine fantastic now you’re like whoa what do i do pick 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 different 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 using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re just going to use metamask so to 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 on that install metamask for chrome alright and let’s proceed and contribute to chrome add extension and there we go all right so now the metamask app is set up on our browser so we just click get going we are new to metamask so here is where you have to establish a wallet a wallet is what you do with your cryptocurrency Btc.Com Namecoin