Exchange Namecoin 2022

explain subjects of the cryptocurrency world…Exchange Namecoin. using 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 suggests for individuals entering the complicated crypto area prior to we actually get to understanding the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at whiteboard crypto we love using examples so that’s precisely what we’re going to be using to assist you understand dns so dns stands for domain service which is an expensive method of stating that it is a helpful service which permits us human beings to key in human legible addresses into the search bar and then it will automatically turn them into machine readable addresses so most of you are most likely acquainted with ip addresses and those are exactly how a computer at one end of the web understands how to talk specifically to another computer system elsewhere and not just yell it into the void that is the web when you key in google.com and you struck enter your computer sends a message to your internet service provider stating yo where’s google the internet service provider discovers and goes to where google is tells them that you are looking for them and after that gets a bundle back to send out to you now the bundle is then unpacked by your computer system to reveal you the whole of the google.com home page utilizing complex math and software all of this

communication takes place behind the scenes however to you it’s basic and easy to use in fact if we had to enter 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 nets due to the fact that it makes good sense to us so that’s basically what a dns is a translator for humans to speak machine code next up let’s see how this works for crypto ens is basically the exact same thing that i simply mentioned except it’s for ethereum ens represents ethereum name service and pretty much lets me inform you that whiteboardcrypto.eth is my wallet address so you can simply 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 do not hesitate to leave a like listed below it’s complimentary and it rewards all our hard work on this video and the past hundred that we have actually been actually hard at work producing however anyways if you’re not utilized to understanding crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d have to share

Current domain register to launch domain name 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 any place you want whatever wallet you desire with ease okay so now let’s delve into my laptop and enter the guide section of the video where i want to reveal you unstoppable domain how to get a domain how to establish a specific wallet so you can attach the domain name that you bought to your wallet etc so you can actually understand how to correctly utilize unstoppable domain names so let’s get started welcome to my laptop let’s start so this is unstoppable domains.com now to get started with this website is extremely easy you simply come here and after that you key in the domain name that you want right here and after that click on search now i desire just wish to point out 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 the domain name the more expensive it’s going to be so for example if i was come here and i type in my last name 2 400 uh i think i’ll pass however anyways let me go on and just add this to haul for demonstration functions we’ll go to the carts which’s it alright and

then you click here checkout which’s it therefore you can pay with a charge card paypal crypto or you can pay with the crypto.com app and i really 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 purchase unstoppable coin then exchange it or whatever no you can pay with however payment entrance you wish to utilize okay which’s it and so when you’re all set then you’ll have your my domain list in your account therefore we have right down there so i own my name dot crypto and make a site dot crypto which’s it how to declare your crypto domain address now the reason why you ‘d want to go through the procedure and in fact declare uh your domain addresses because one then you really own it then two you can do whatever you want with it if you wish to go sell it on some kind of like nft market you can go on and do that alright so similar to when you purchase any type of cryptocurrency from an exchange like uh coinbase for instance what it is is simply an iou it’s an iou until you in fact move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you understand it resembles a hot wallet i guess you know this is you you haven’t declared it yet so it’s an iou that you own this therefore i simply want to briefly reference at the time of this video that there are a few ways to claim your domain name the very first method is that you have to buy a claim with credits charge so that expenses uh at this time 40 per domain therefore that’s spends for the gas costs you’re like what are gas costs look this the ethereum network you actually 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 set up and you have ethereum in there you can pay with your own ethereum or you can simply wait up until august so then they’ll have a scaling service that makes it simple to claim but anyways to start is really simple so we go here say if i wish to claim this one make a website.crypto we’ll declare with ethereum right there claim process started so now we have to send out the code by email so click that and so right over here we’ll leap 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 okay fantastic now you resemble 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 particularly 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 utilizing desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re just going to use metamask so to get start with metamask is easy meta mask there we go all right so we click on this link then we wish to download it now click on that set up metamask for chrome all right and let’s go ahead and contribute to chrome add extension and there we go fine so now the metamask app is installed on our browser so we just click on get started we are new to metamask so here is where you have to set up a wallet a wallet is what you make with your cryptocurrency Exchange Namecoin