How To Mine Namecoin 2022

describe subjects of the cryptocurrency world…How To Mine Namecoin. using analogies stories and examples so that you can quickly understand them in this video we are going to be discussing what unstoppable domains is how they might be much better than ens and what that indicates for people entering the complicated crypto area prior to we really get to comprehending the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at white boards crypto we love utilizing examples so that’s precisely what we’re going to be using to help you understand dns so dns means domain name service which is an expensive way of saying that it is a helpful service which enables us people to enter human readable addresses into the search bar and after that it will automatically turn them into device readable addresses so the majority of you are most likely acquainted with ip addresses and those are precisely how a computer system at one end of the internet understands how to talk specifically to another computer elsewhere and not just yell it into the abyss that is the web when you type in google.com and you hit enter your computer system sends a message to your internet service provider stating yo where’s google the internet service provider learns and goes to where google is tells them that you are looking for them and then gets a plan back to send to you now the plan is then unpacked by your computer to reveal you the totality of the google.com home page utilizing complicated math and software application all of this

interaction takes place behind the scenes however 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 webs because it makes 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 simply discussed except it’s for ethereum ens means ethereum name service and practically lets me inform you that whiteboardcrypto.eth is my wallet address so you can just 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 feel free to leave a like listed below it’s totally free and it rewards all our effort 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 comprehending crypto the alternative to sharing white boards crypto.eth with someone is i ‘d have to share

Existing 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 name you can move it to any place you want whatever wallet you desire with ease okay so now let’s delve into my laptop computer and enter the tutorial area of the video where i wish to show you unstoppable domain names how to get a domain name how to establish a specific wallet so you can attach the domain that you purchased to your wallet etc so you can truly understand how to properly use unstoppable domain names so let’s begin welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get going with this website is really simple you just come here and then you key in the domain name that you desire right here and then click search now i want simply want to discuss that they do have particular price 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 name 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 however anyways let me go ahead and just add this to haul for demonstration functions we’ll go to the carts which’s it alright and

then you click on here checkout which’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 versatile i like it’s that it’s not one of those odd crypto sites where you need to pay in cryptocurrency or you have to purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you want to use fine and that’s it therefore as soon as you’re all set then you’ll have your my domain name list in your account therefore we have right down there so i own my name dot crypto and make a website dot crypto and that’s it how to declare your crypto domain address now the reason that you ‘d wish to go through the procedure and in fact declare uh your domain addresses due to the fact that one then you really own it then 2 you can do whatever you desire with it if you wish to go offer it on some kind of like nft marketplace you can proceed and do that okay so similar to when you buy any kind of cryptocurrency from an exchange like uh coinbase for instance 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 same so this is on there this is you understand 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 and so i simply want to briefly reference at the time of this video that there are a few methods to declare your domain name the very first method is that you have to acquire a claim with credits cost so that costs uh at this time 40 per domain therefore that’s spends 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 by means of gas costs second is you can pay the gas costs straight 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 simply wait until august so then they’ll have a scaling solution that makes it easy to claim however anyways to begin is extremely easy so we go here state if i wish to declare this one make a website.crypto we’ll claim with ethereum right there claim procedure started so now we need to send the code by e-mail so click that and so right over here we’ll jump over here and wait on 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 fine excellent now you resemble whoa what do i do choose wallet for declaring 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 different wallets that they recommend 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 utilize metamask so to begin with metamask is easy meta mask there we go alright so we click on this link then we wish to download it now click that install metamask for chrome all right and let’s go ahead and contribute to chrome add extension and there we go okay so now the metamask app is installed on our browser so we just click on begin we are brand-new to metamask so here is where you need to establish a wallet a wallet is what you make with your cryptocurrency How To Mine Namecoin