Mining Namecoin With Asics 2022

explain topics of the cryptocurrency world…Mining Namecoin With Asics. utilizing examples stories and examples so that you can easily comprehend them in this video we are going to be explaining what unstoppable domains is how they might be much better than ens and what that means for people getting into the complicated crypto space before we actually get to understanding the power of unstoppable domains the first thing we’ll require to do is understand dns here at white boards crypto we like using examples so that’s exactly what we’re going to be utilizing to assist you understand dns so dns represents domain service which is an expensive method of saying that it is a valuable service which allows us people to type in human legible addresses into the search bar and then it will automatically turn them into maker readable addresses so the majority of you are probably acquainted with ip addresses and those are exactly how a computer at one end of the internet understands how to talk particularly to another computer system elsewhere and not simply shout it into the abyss 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 learns and goes to where google is tells them that you are trying to find them and then gets a plan back to send to you now the plan is then unpacked by your computer system to reveal you the entirety of the google.com web page using complex math and software application all of this

interaction occurs behind the scenes however to you it’s basic and user friendly in fact if we had to enter 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 due to the fact that it makes good 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 basically the exact same thing that i simply mentioned except 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 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 below it’s free and it rewards all our hard work on this video and the past hundred that we have actually been truly hard at work developing but anyways if you’re not used to comprehending crypto the option to sharing white boards crypto.eth with somebody is i ‘d have to share

Existing domain name register to release domain 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 you can transfer it to wherever you want whatever wallet you desire with ease okay so now let’s delve into my laptop and enter into the tutorial area of the video where i wish to show 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 bought to your wallet etc so you can really comprehend how to effectively use unstoppable domain so let’s start welcome to my laptop computer 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 type in the domain that you want right here and after that click search now i want simply wish to mention that they do have particular rate points for how many characters are in the domain name that you wish to get so something over 8 characters will be 40 the smaller sized the domain name the more expensive it’s going to be so for example if i was come here and i key in my last name 2 400 uh i think i’ll pass however anyways let me go ahead and simply include this to cart for presentation functions we’ll go to the carts which’s it all right and

then you click here checkout and that’s it therefore you can pay with a charge 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 odd crypto sites where you need to pay in cryptocurrency or you have to buy unstoppable coin then exchange it or whatever no you can pay with however payment entrance you wish to use alright which’s it and so once 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 you ‘d want to go through the process and actually declare uh your domain addresses since one then you in fact own it then 2 you can do whatever you want with it if you want to go sell it on some type of like nft marketplace you can go on and do that okay so similar to 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 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 resembles a hot wallet i guess you know this is you you haven’t claimed it yet so it’s an iou that you own this therefore i simply want to briefly reference at the time of this video that there are a few methods to claim your domain name the first method is that you have to acquire a claim with credits cost so that expenses uh at this time 40 per domain therefore that’s spends for the gas charges you’re like what are gas charges look this the ethereum network you actually have to pay uh to move things on and off via gas fees number two 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 simply wait until august so then they’ll have a scaling solution that makes it easy to claim however anyways to begin is really simple so we go here state if i wish to claim this one make a website.crypto we’ll claim with ethereum right there declare process started so now we have to send out the code by email so click that therefore right over here we’ll leap 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 best click copy paste there we go boom put that in alright great 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 few various 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 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 start 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 okay and let’s proceed and add to chrome add extension and there we go fine so now the metamask app is set up on our internet browser so we simply click get going we are brand-new to metamask so here is where you have to set up a wallet a wallet is what you do with your cryptocurrency Mining Namecoin With Asics