Mine Bitcoin And Namecoin 2022

describe topics of the cryptocurrency world…Mine Bitcoin And Namecoin. utilizing analogies stories and examples so that you can easily understand them in this video we are going to be describing what unstoppable domains is how they might be much better than ens and what that means for individuals getting into the complicated crypto space before 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 love using examples so that’s precisely what we’re going to be utilizing to assist you understand dns so dns stands for domain name service which is an expensive method of stating that it is a practical service which enables us human beings to key in human readable addresses into the search bar and then it will automatically turn them into maker 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 knows how to talk particularly to another computer elsewhere and not simply yell it into the void that is the web when you enter google.com and you struck enter your computer sends out 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 searching for them and after that grabs a bundle back to send out to you now the bundle is then unpacked by your computer to show you the entirety of the google.com web page utilizing complex math and software application all of this

communication takes place behind the scenes however to you it’s easy 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 don’t speak in numbers or ip addresses we speak in dot coms dot orgs and internet 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 essentially the exact same thing that i simply discussed except it’s for ethereum ens means ethereum name service and pretty much lets me inform you that whiteboardcrypto.eth is my wallet address so you can just 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 hard work on this video and the past hundred that we’ve been really hard at work developing however anyways if you’re not utilized to comprehending crypto the alternative to sharing white boards crypto.eth with someone is i ‘d need to share

Current domain name 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 you can move it to anywhere you desire whatever wallet you desire with ease okay so now let’s jump into my laptop computer and enter into the guide section of the video where i want to reveal you unstoppable domain how to get a domain name how to set up a specific wallet so you can attach the domain name that you purchased to your wallet etc so you can truly understand how to correctly utilize unstoppable domain names so let’s begin welcome to my laptop let’s begin so this is unstoppable domains.com now to start with this website is extremely basic you just come here and after that you enter the domain name that you desire right here and after that click search now i desire just wish to discuss that they do have specific cost points for how many characters remain in the domain that you wish 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 example if i was come here and i type in my last name 2 400 uh i believe i’ll pass but anyways let me proceed and just include this to haul for demonstration functions we’ll go to the carts which’s it alright 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 truly like i like that it’s flexible i like it’s that it’s not one of those strange crypto websites where you have to pay in cryptocurrency or you have to purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment entrance you desire to use all right 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 site dot crypto and that’s it how to declare your crypto domain address now the reason why you ‘d desire to go through the procedure and really declare uh your domain addresses since one then you really own it then two you can do whatever you want with it if you desire to go offer it on some type of like nft market you can go ahead and do that alright so simply like when you buy any type of cryptocurrency from an exchange like uh coinbase for example what it is is just an iou it’s an iou till 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 think you understand this is you you haven’t claimed it yet so it’s an iou that you own this and so i simply desire to briefly mention at the time of this video that there are a few methods to claim your domain name the very first method is that you have to purchase a claim with credits charge so that costs uh at this time 40 per domain name and so that’s pays for the gas fees you’re like what are gas fees look this the ethereum network you actually have to pay uh to move things on and off via gas costs number 2 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 just wait up until august so then they’ll have a scaling option that makes it easy to claim however anyways to get started is extremely basic so we go here state if i want to declare this one make a website.crypto we’ll declare with ethereum right there claim procedure started so now we have to send out the code by email so click that and so 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 just highlight that right click copy paste there we go boom put that in fine fantastic now you’re like whoa what do i do select wallet for declaring 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 couple of different 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 just going to utilize metamask so to begin with metamask is simple meta mask there we go okay so we click here then we want to download it now click that install metamask for chrome alright and let’s proceed and add to chrome include extension and there we go okay so now the metamask app is set up on our internet browser so we just click on get going we are new to metamask so here is where you have to set up a wallet a wallet is what you do with your cryptocurrency Mine Bitcoin And Namecoin