Namecoin 2019 2022

discuss topics of the cryptocurrency world…Namecoin 2019. using analogies stories and examples so that you can quickly comprehend them in this video we are going to be discussing what unstoppable domains is how they might be better than ens and what that means for individuals entering into the complex crypto space before we really get to understanding the power of unstoppable domains the first thing we’ll need to do is understand dns here at whiteboard crypto we enjoy using examples so that’s exactly what we’re going to be utilizing to help you understand dns so dns stands for domain name service which is a fancy method of saying that it is a valuable service which enables us humans to type in human understandable addresses into the search bar and then it will instantly turn them into machine legible addresses so the majority of you are most likely familiar with ip addresses and those are exactly how a computer at one end of the web knows how to talk specifically to another computer somewhere else and not just scream it into the void that is the web when you key in 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 discovers and goes to where google is tells them that you are trying to find them and after that grabs a bundle back to send to you now the plan is then unpacked by your computer system to reveal you the whole of the google.com web page utilizing complex mathematics and software all of this

communication takes place behind the scenes however 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 individuals would be puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and nets due to the fact that it makes 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 basically the very same thing that i just mentioned except it’s for ethereum ens stands for ethereum name service and pretty much lets me tell 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 don’t have 20 and you want to support the channel feel free to leave a like below it’s totally free and it rewards all our effort on this video and the past hundred that we’ve been really hard at work creating but anyways if you’re not used to comprehending crypto the alternative to sharing white boards crypto.eth with someone is i ‘d need to share

Current domain name register to release 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 name you can move it to wherever you desire whatever wallet you desire with ease okay so now let’s delve into my laptop and enter into the guide area of the video where i want to show you unstoppable domain names how to get a domain name how to establish a specific wallet so you can connect the domain name that you bought to your wallet etc so you can truly comprehend how to correctly utilize 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 really easy you just come here and then you key in the domain that you desire right here and then click on search now i want just want to point out that they do have particular price 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 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 go on and simply add this to haul for presentation purposes we’ll go to the carts which’s it all right 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 truly like i like that it’s versatile i like it’s that it’s not one of those odd crypto sites where you have to pay in cryptocurrency or you have to buy unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you wish to use 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 website dot crypto which’s it how to declare your crypto domain address now the reason why you ‘d want to go through the procedure and really claim uh your domain addresses due to the fact that 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 kind of like nft market you can proceed and do that fine so just like when you purchase any kind 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 have not declared it yet so it’s an iou that you own this therefore i just wish to briefly mention at the time of this video that there are a few methods to declare your domain the first method is that you have to buy a claim with credits charge so that costs uh at this time 40 per domain therefore that’s spends for the gas charges you resemble what are gas costs 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 fees straight from your own wallet so if you already have a wallet set up and you have ethereum in there you can pay with your own ethereum or you can simply wait up until august so then they’ll have a scaling solution that makes it simple to claim but anyways to start is really basic so we go here state if i wish to claim this one make a website.crypto we’ll declare with ethereum right there declare process started so now we have to send out the code by e-mail so click that therefore right over here we’ll leap 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 simply highlight that best click copy paste there we go boom put that in okay great now you’re like whoa what do i do pick 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 few various 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 start with metamask is simple meta mask there we go okay so we click here then we wish to download it now click on that set up metamask for chrome alright and let’s go on and contribute to chrome include extension and there we go fine so now the metamask app is installed on our internet browser so we just click start we are new to metamask so here is where you need to set up a wallet a wallet is what you do with your cryptocurrency Namecoin 2019