Namecoin Hardware Wallet 2022

explain subjects of the cryptocurrency world…Namecoin Hardware Wallet. using examples stories and examples so that you can easily comprehend 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 people entering into the complex crypto area before we really get to understanding the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at whiteboard crypto we enjoy using examples so that’s exactly what we’re going to be utilizing to help you comprehend dns so dns stands for domain service which is an elegant way of stating that it is a helpful service which allows us human beings to type in human legible addresses into the search bar and then it will instantly turn them into device readable addresses so most of you are probably knowledgeable about ip addresses and those are exactly how a computer at one end of the web understands how to talk particularly to another computer 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 saying 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 grabs a plan back to send to you now the bundle is then unpacked by your computer to reveal you the whole of the google.com home page using complicated mathematics and software all of this

communication happens 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 nets because 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 basically the very same thing that i just pointed out except it’s for ethereum ens means ethereum name service and pretty much lets me tell you that whiteboardcrypto.eth is my wallet address so you can merely 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 totally free and it rewards all our hard work on this video and the past hundred that we have actually been really hard at work producing however anyways if you’re not utilized to comprehending crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d need to share

Present 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 move it to any place you want whatever wallet you desire with ease okay so now let’s jump into my laptop computer and enter into the tutorial area of the video where i wish to show you unstoppable domain names how to get a domain how to set up a particular wallet so you can attach the domain name that you purchased to your wallet etc so you can truly comprehend how to properly utilize unstoppable domain so let’s begin welcome to my laptop let’s start so this is unstoppable domains.com now to get going with this website is really easy you just come here and then you enter the domain that you desire right here and after that click search now i want simply want to point out that they do have specific price points for how many characters remain in the domain name that you wish to get so something over 8 characters will be 40 the smaller the domain name the more pricey 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 proceed and simply include this to haul for presentation purposes we’ll go to the carts and that’s it fine and

then you click here checkout which’s it therefore you can pay with a credit card paypal crypto or you can pay with the crypto.com app and i really like i like that it’s flexible i like it’s that it’s not one of those strange crypto sites where you need to pay in cryptocurrency or you need to buy unstoppable coin then exchange it or whatever no you can pay with however payment gateway you wish to use all right which’s it therefore as soon as 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 procedure and actually claim uh your domain addresses because one then you really own it then two you can do whatever you want with it if you want to go sell it on some kind of like nft market you can go on and do that fine so much like when you purchase any kind of cryptocurrency from an exchange like uh coinbase for instance 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 same so this is on there this is you understand it resembles a hot wallet i guess you know this is you you have not declared it yet so it’s an iou that you own this therefore i simply wish to briefly mention at the time of this video that there are a couple of methods to declare your domain name the first way is that you need to buy a claim with credits charge so that expenses 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 actually need to pay uh to move things on and off through gas costs number two is you can pay the gas charges straight from your own wallet so if you currently have a wallet established and you have ethereum in there you can pay with your own ethereum or you can just wait till august so then they’ll have a scaling solution that makes it simple to claim however anyways to start is very basic so we go here state if i wish to declare this one make a website.crypto we’ll declare with ethereum right there claim procedure started so now we need to send the code by email so click that and so 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 just highlight that best click copy paste there we go boom put that in fine terrific now you resemble 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 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 use metamask so to get start with metamask is simple meta mask there we go fine so we click here then we want to download it now click on that install metamask for chrome okay and let’s go ahead and add to chrome add extension and there we go okay 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 establish a wallet a wallet is what you do with your cryptocurrency Namecoin Hardware Wallet