discuss subjects of the cryptocurrency world…How To Buy Namecoin. utilizing 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 means for individuals entering into the complex crypto area prior to we really get to comprehending the power of unstoppable domains the first thing we’ll need to do is understand dns here at white boards crypto we love utilizing 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 expensive way of stating that it is a helpful service which permits us people to enter human readable addresses into the search bar and after that it will automatically turn them into device understandable addresses so the majority of you are probably familiar with ip addresses and those are exactly how a computer system at one end of the internet knows how to talk particularly to another computer somewhere else and not just yell it into the void that is the web when you enter google.com and you hit enter your computer sends out 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 searching for them and after that grabs a bundle back to send out to you now the plan is then unpacked by your computer system to reveal you the totality of the google.com web page utilizing complicated math and software all of this
interaction takes place behind the scenes but to you it’s easy 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 don’t speak in numbers or ip addresses we speak in dot coms dot orgs and webs since it makes sense to us so that’s basically what a dns is a translator for people to speak machine code next up let’s see how this works for crypto ens is essentially the exact same thing that i just pointed out except it’s for ethereum ens represents ethereum name service and pretty much lets me tell you that whiteboardcrypto.eth is my wallet address so you can merely 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 listed below it’s free and it rewards all our hard work on this video and the past hundred that we have actually been really hard at work creating however anyways if you’re not utilized to understanding crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d need to share
Existing domain name 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 type of blockchain based domain name you can move it to anywhere you want whatever wallet you desire with ease fine so now let’s jump into my laptop and enter the tutorial section of the video where i wish to reveal you unstoppable domain how to get a domain name how to set up a particular wallet so you can attach the domain that you bought to your wallet etc so you can really comprehend how to correctly utilize unstoppable domain names so let’s get going welcome to my laptop let’s begin so this is unstoppable domains.com now to start with this site is very easy you just come here and after that you key in the domain that you desire right here and then click on search now i want just wish to mention that they do have specific cost points for how many 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 instance if i was come here and i enter my surname 2 400 uh i believe i’ll pass but anyways let me proceed and simply include this to cart for presentation purposes we’ll go to the carts which’s it alright and
then you click here checkout and that’s it and so you can pay with a charge card paypal crypto or you can pay with the crypto.com app and i actually like i like that it’s versatile i like it’s that it’s not one of those strange crypto sites where you have to pay in cryptocurrency or you need to purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment entrance 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 you ‘d wish to go through the process and actually declare uh your domain addresses due to the fact that one then you actually own it then 2 you can do whatever you desire with it if you want to go offer it on some kind of like nft market you can go on and do that okay so much like when you buy any type of cryptocurrency from an exchange like uh coinbase for instance what it is is just 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 guess you know this is you you have not claimed it yet so it’s an iou that you own this therefore i just wish to briefly mention at the time of this video that there are a few methods to claim your domain name the first way is that you need to purchase a claim with credits fee so that expenses uh at this time 40 per domain name therefore that’s spends for the gas fees you resemble what are gas charges 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 charges straight from your own wallet so if you currently have a wallet established 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 simple to claim however anyways to start is extremely basic so we go here say if i want to claim this one make a website.crypto we’ll claim with ethereum right there declare process began so now we have to send out the code by email so click that therefore 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 right click copy paste there we go boom put that in okay fantastic now you resemble 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 specifically for ethereum now there are a few 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 alright so we click on this link then we want to download it now click that install metamask for chrome all right and let’s go ahead and add to chrome add extension and there we go okay so now the metamask app is installed on our browser so we simply click get started we are brand-new to metamask so here is where you need to establish a wallet a wallet is what you do with your cryptocurrency How To Buy Namecoin