Namecoin Cmc 2022

discuss subjects of the cryptocurrency world…Namecoin Cmc. using analogies stories and examples so that you can quickly 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 indicates for individuals entering the complex crypto area 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 white boards crypto we like using examples so that’s precisely what we’re going to be using to assist you comprehend dns so dns stands for domain service which is an elegant method of stating that it is a helpful service which allows us people to key in human understandable addresses into the search bar and then it will instantly turn them into machine understandable addresses so most of you are most likely acquainted with ip addresses and those are exactly how a computer at one end of the web knows how to talk particularly to another computer system elsewhere and not just yell it into the void that is the web when you type in google.com and you struck enter your computer system 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 trying to find them and after that gets a plan back to send to you now the plan is then unpacked by your computer to show you the whole of the google.com home page utilizing complicated mathematics and software all of this

communication occurs 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 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 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 basically the exact same thing that i just discussed other than it’s for ethereum ens stands for ethereum name service and practically lets me tell you that whiteboardcrypto.eth is my wallet address so you can simply 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 complimentary and it rewards all our hard work on this video and the past hundred that we’ve been actually hard at work creating however anyways if you’re not used to understanding crypto the alternative to sharing white boards crypto.eth with somebody is i ‘d have to share

Present domain register to launch domain name 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 transfer it to any place you want whatever wallet you desire with ease all right so now let’s jump into my laptop and enter the guide section of the video where i want to show you unstoppable domain how to get a domain name how to establish a specific wallet so you can attach the domain that you purchased to your wallet and so on so you can truly comprehend how to correctly use unstoppable domain names so let’s begin welcome to my laptop computer let’s begin so this is unstoppable domains.com now to start with this website is really basic you just come here and then you enter the domain that you desire right here and then click search now i want just want to point out that they do have specific rate points for how many characters remain in the domain that you want to get so something over 8 characters will be 40 the smaller the domain the more costly it’s going to be so for example if i was come here and i type in my surname 2 400 uh i believe i’ll pass however anyways let me proceed and simply include this to cart for presentation purposes 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 actually 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 however payment entrance you desire to use okay and that’s it and so once 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 claim your crypto domain address now the factor why you ‘d desire to go through the procedure and actually claim uh your domain addresses since one then you in fact own it then 2 you can do whatever you desire with it if you desire to go sell it on some type of like nft market you can go ahead and do that fine so simply like when you buy any type of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou until you in fact move the cryptocurrency from coinbase to your own wallet this is the exact 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 claimed it yet so it’s an iou that you own this and so i just desire to briefly reference at the time of this video that there are a few ways to declare your domain name the very first method is that you have to buy a claim with credits fee so that expenses 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 really have to pay uh to move things on and off through gas costs number 2 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 till august so then they’ll have a scaling service that makes it simple to claim but anyways to get begun is extremely basic so we go here state if i desire to declare this one make a website.crypto we’ll declare with ethereum right there claim process began so now we have to send out the code by e-mail so click that and so 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 ideal click copy paste there we go boom put that in fine 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 specifically 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 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 get going with metamask is simple meta mask there we go alright so we click here then we want to download it now click that set up metamask for chrome all right and let’s go on and contribute to chrome add extension and there we go all right so now the metamask app is installed on our internet browser so we just click on begin we are brand-new to metamask so here is where you need to set up a wallet a wallet is what you do with your cryptocurrency Namecoin Cmc