explain topics of the cryptocurrency world…How To Install Namecoin Wallet For Osx. using examples stories and examples so that you can easily comprehend them in this video we are going to be describing what unstoppable domains is how they might be better than ens and what that indicates for people getting into the complex crypto area prior to we in fact 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 enjoy using examples so that’s precisely what we’re going to be using to assist you comprehend dns so dns means domain name service which is an expensive method of stating that it is an useful service which allows us human beings to key in human legible addresses into the search bar and then it will instantly turn them into device understandable addresses so most of you are probably acquainted with ip addresses and those are exactly how a computer system at one end of the internet understands how to talk particularly to another computer somewhere else and not just scream it into the abyss that is the web when you enter 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 finds out and goes to where google is tells them that you are trying to find them and then grabs a plan back to send out to you now the bundle is then unpacked by your computer system to reveal you the entirety of the google.com web page utilizing complex mathematics 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 do not speak in numbers or ip addresses we speak in dot coms dot orgs and webs 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 essentially the same thing that i just pointed out other than 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 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 actually hard at work developing but anyways if you’re not utilized to comprehending crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d have to share
Existing domain 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 wherever you want whatever wallet you desire with ease alright so now let’s delve into my laptop and enter into the tutorial area of the video where i want to reveal you unstoppable domain how to get a domain how to establish a particular wallet so you can connect the domain name that you purchased to your wallet etc so you can really understand how to properly use unstoppable domain names so let’s start welcome to my laptop let’s begin so this is unstoppable domains.com now to begin with this website is extremely basic you simply come here and then you type in the domain that you desire right here and then click search now i want just wish to discuss that they do have particular rate points for how many characters remain in the domain that you wish to get so something over 8 characters will be 40 the smaller sized the domain name the more pricey it’s going to be so for example if i was come here and i key in my surname 2 400 uh i think i’ll pass but anyways let me proceed and simply include this to cart for demonstration purposes we’ll go to the carts and that’s it okay and
then you click on here checkout which’s it therefore you can pay with a credit card paypal crypto or you can pay with the crypto.com app and i truly 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 however payment gateway you wish to utilize fine and that’s it therefore once 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 site dot crypto which’s it how to declare your crypto domain address now the reason you ‘d wish to go through the process and in fact 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 sell it on some kind of like nft marketplace you can go on and do that all right 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 actually move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you know it resembles a hot wallet i think you know this is you you have not declared 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 declare your domain the first method is that you have to purchase a claim with credits cost so that costs uh at this time 40 per domain and so that’s spends for the gas charges you’re like what are gas fees look this the ethereum network you in fact need to pay uh to move things on and off via gas fees number two is you can pay the gas costs directly 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 just wait till august so then they’ll have a scaling solution that makes it simple to claim however anyways to start is very basic so we go here state if i want to claim this one make a website.crypto we’ll declare with ethereum right there claim procedure 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 await 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 best click copy paste there we go boom put that in fine fantastic now you resemble 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 particularly for ethereum now there are a few various wallets that they advise so for desktop there’s meta mask for mobile you can
use 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 begin with metamask is simple meta mask there we go alright so we click here then we wish to download it now click that set up metamask for chrome okay and let’s go ahead and contribute to chrome add extension and there we go okay so now the metamask app is set up on our internet browser so we just click on get started we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you do with your cryptocurrency How To Install Namecoin Wallet For Osx