Ledger Nano S Namecoin 2022

discuss subjects of the cryptocurrency world…Ledger Nano S 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 better than ens and what that implies for individuals entering the complex crypto space prior to we really get to understanding the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we love utilizing examples so that’s exactly what we’re going to be utilizing to help you comprehend dns so dns represents domain name service which is an expensive way of saying that it is a practical service which permits us people to enter human understandable addresses into the search bar and after that it will immediately turn them into device legible addresses so most of you are probably familiar with ip addresses and those are precisely how a computer at one end of the web understands how to talk particularly to another computer system elsewhere and not just shriek it into the abyss that is the web when you enter google.com and you hit enter your computer sends a message to your internet service provider saying 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 grabs a bundle back to send out to you now the bundle is then unpacked by your computer to reveal you the entirety of the google.com web page using complicated math and software all of this

communication occurs behind the scenes but to you it’s simple and easy to use in fact if we needed to key 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 internet since it makes good sense to us so that’s essentially 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 essentially the exact same thing that i simply mentioned other than it’s for ethereum ens stands for ethereum name service and practically lets me inform 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 wish to support the channel do not hesitate to leave a like below it’s totally free and it rewards all our effort on this video and the past hundred that we have actually been actually hard at work producing but anyways if you’re not used to understanding crypto the alternative to sharing white boards crypto.eth with somebody is i ‘d need to share

Present domain name register to launch domain or in order to move it over to this other domain register etc uh when you have a dot crypto dot zill any type of blockchain based domain you can transfer it to wherever you desire whatever wallet you desire with ease all right so now let’s delve into my laptop and enter into the tutorial area of the video where i want to show you unstoppable domain names how to get a domain how to establish a particular wallet so you can connect the domain that you bought to your wallet etc so you can truly understand how to effectively utilize unstoppable domain names so let’s begin welcome to my laptop let’s start so this is unstoppable domains.com now to get going with this site is very basic you simply come here and after that you enter the domain that you desire right here and after that click search now i want just want to point out that they do have specific cost points for how many characters are in the domain name that you want to get so something over 8 characters will be 40 the smaller the domain name the more pricey it’s going to be so for instance if i was come here and i enter my last name 2 400 uh i believe i’ll pass however anyways let me go on and simply add this to haul for demonstration functions we’ll go to the carts which’s it alright and

then you click here checkout and that’s it therefore you can pay with a credit card paypal crypto or you can pay with the crypto.com app and i really like i like that it’s versatile i like it’s that it’s not one of those strange crypto websites where you have to pay in cryptocurrency or you need to buy unstoppable coin then exchange it or whatever no you can pay with however payment gateway you want to utilize fine which’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 site dot crypto which’s it how to declare your crypto domain address now the reason why you ‘d want to go through the process and actually claim uh your domain addresses due to the fact that one then you in fact own it then 2 you can do whatever you desire with it if you wish to go sell it on some kind of like nft marketplace you can proceed and do that all right so much like when you buy 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 guess you know this is you you haven’t declared it yet so it’s an iou that you own this and so i just want to briefly reference at the time of this video that there are a couple of methods to claim your domain the first method is that you need to purchase a claim with credits charge so that expenses uh at this time 40 per domain name therefore that’s pays for the gas costs you’re like what are gas fees look this the ethereum network you really have to pay uh to move things on and off through gas fees second is you can pay the gas charges 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 until august so then they’ll have a scaling option that makes it simple to claim however anyways to get going is really simple so we go here say if i want to claim this one make a website.crypto we’ll declare with ethereum right there claim procedure began 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 on 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 just highlight that right click copy paste there we go boom put that in alright fantastic now you’re like 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 using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re just going to use metamask so to begin with metamask is easy meta mask there we go all right so we click here then we wish to download it now click that install metamask for chrome alright and let’s go ahead and add to chrome add extension and there we go fine so now the metamask app is installed on our web browser so we just click get going we are new to metamask so here is where you have to set up a wallet a wallet is what you finish with your cryptocurrency Ledger Nano S Namecoin