How Much Is 1 Namecoin Is Usd 2022

discuss subjects of the cryptocurrency world…How Much Is 1 Namecoin Is Usd. utilizing examples stories and examples so that you can quickly understand them in this video we are going to be describing what unstoppable domains is how they might be better than ens and what that implies for individuals entering the complicated crypto space prior to we in fact get to comprehending the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we love using examples so that’s exactly what we’re going to be utilizing to assist you comprehend dns so dns means domain service which is a fancy method of stating that it is a helpful service which allows us people to enter human understandable addresses into the search bar and after that it will instantly turn them into device legible addresses so the majority of you are most likely acquainted with ip addresses and those are exactly how a computer at one end of the internet knows how to talk specifically to another computer system elsewhere and not just yell it into the abyss that is the web when you key in google.com and you struck enter your computer sends a message to your internet service provider saying yo where’s google the internet service provider discovers and goes to where google is tells them that you are searching for them and after that gets a package back to send to you now the package is then unpacked by your computer system to reveal you the whole of the google.com home page using complicated mathematics and software application all of this

communication takes place behind the scenes but to you it’s easy 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 individuals would be puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and nets because it makes good sense to us so that’s basically what a dns is a translator for human beings to speak machine code next up let’s see how this works for crypto ens is basically the very same thing that i just pointed out other than it’s for ethereum ens stands for ethereum name service and basically lets me tell you that whiteboardcrypto.eth is my wallet address so you can simply type that in and pay me 20 if you want by the way if you do not have 20 and you want to support the channel do not hesitate 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 developing however anyways if you’re not utilized to understanding crypto the alternative to sharing white boards crypto.eth with somebody is i ‘d have to share

Current 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 move it to anywhere you desire whatever wallet you want with ease okay so now let’s jump into my laptop computer and get into the tutorial area of the video where i wish to show you unstoppable domain 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 truly comprehend how to appropriately utilize unstoppable domain names so let’s begin welcome to my laptop let’s start 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 name that you want right here and after that click on search now i want just wish to mention that they do have specific rate points for the number of characters remain 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 enter my surname 2 400 uh i think i’ll pass but anyways let me proceed and simply add this to haul for presentation functions 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 strange crypto sites where you have to pay in cryptocurrency or you have to purchase unstoppable coin then exchange it or whatever no you can pay with however payment entrance you desire to use okay 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 procedure and really claim uh your domain addresses because one then you in fact own it then two you can do whatever you desire with it if you desire to go sell it on some type of like nft market you can go ahead and do that fine so just 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 until you actually 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 guess you understand this is you you have not claimed it yet so it’s an iou that you own this and so i simply want to briefly reference at the time of this video that there are a couple of methods to claim your domain name the very first way 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 charges you’re like what are gas charges look this the ethereum network you in fact have to pay uh to move things on and off by means of gas fees 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 just wait till august so then they’ll have a scaling service that makes it easy to claim however anyways to get started is very easy so we go here say if i desire to declare this one make a website.crypto we’ll declare with ethereum right there claim process started 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 strike my inbox there it is we’ll take this all right so here is the code i’ll take this we’ll just highlight that right click copy paste there we go boom put that in all right great 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 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 simply going to use metamask so to get going with metamask is simple meta mask there we go alright so we click on this link then we wish to download it now click that set up metamask for chrome alright and let’s go on and contribute to chrome add extension and there we go fine so now the metamask app is installed on our internet browser so we just click get going we are brand-new to metamask so here is where you need to set up a wallet a wallet is what you finish with your cryptocurrency How Much Is 1 Namecoin Is Usd