Namecoin Domain 2022

describe topics of the cryptocurrency world…Namecoin Domain. utilizing 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 into the complicated crypto space prior to we actually 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 exactly what we’re going to be using to assist you understand dns so dns stands for domain name service which is an expensive way of stating that it is an useful service which permits us humans to key in human readable addresses into the search bar and after that 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 system at one end of the web understands how to talk specifically to another computer system elsewhere and not just shout it into the void 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 discovers and goes to where google is tells them that you are looking for them and after that grabs a plan back to send out to you now the plan is then unpacked by your computer system to reveal you the entirety of the google.com home page utilizing complicated math and software application all of this

interaction occurs behind the scenes but to you it’s easy and easy to use in fact if we had to type in 8.8.8.8 into the url bar instead of google.com a lot more individuals would be confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and webs since it makes sense to us so that’s essentially what a dns is a translator for people to speak machine code next up let’s see how this works for crypto ens is essentially the same thing that i just mentioned other than it’s for ethereum ens stands for ethereum name service and basically 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 listed 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 developing however anyways if you’re not utilized to comprehending crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d have to share

Existing domain register to release domain name 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 name you can transfer it to wherever you want whatever wallet you want with ease alright so now let’s delve into my laptop computer and get into the guide area of the video where i want to show you unstoppable domain names how to get a domain how to establish a specific wallet so you can connect the domain name that you bought to your wallet and so on so you can actually comprehend how to effectively use unstoppable domain names so let’s get going welcome to my laptop let’s start so this is unstoppable domains.com now to start with this site is extremely basic you just come here and after that you enter the domain that you desire right here and after that click on search now i want simply wish to discuss that they do have specific rate 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 the more pricey it’s going to be so for example if i was come here and i type in my surname 2 400 uh i think i’ll pass however anyways let me go on and simply include this to cart for presentation purposes we’ll go to the carts and that’s it all right 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 purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you desire to utilize all right and that’s it and so as soon as 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 website dot crypto and that’s it how to claim your crypto domain address now the factor why you ‘d want to go through the procedure and in fact claim uh your domain addresses since one then you really own it then 2 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 simply an iou it’s an iou till you in fact move the cryptocurrency from coinbase to your own wallet this is the very same so this is on there this is you know it’s like a hot wallet i guess you understand 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 few methods to declare your domain name the first method is that you have to acquire a claim with credits fee so that costs uh at this time 40 per domain name and so that’s pays for the gas charges you’re like what are gas costs look this the ethereum network you really have to pay uh to move things on and off by means of gas fees 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 simply wait till august so then they’ll have a scaling option that makes it simple to claim however anyways to get started is really easy 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 began so now we have to send the code by email 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 just highlight that ideal click copy paste there we go boom put that in all right excellent now you’re like whoa what do i do choose 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 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 simply going to utilize metamask so to begin with metamask is simple meta mask there we go all right so we click on this link then we wish to download it now click on that install metamask for chrome fine and let’s go on and add to chrome include extension and there we go fine so now the metamask app is installed on our web browser so we just click get started 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 Domain