Namecoin News 2022

describe subjects of the cryptocurrency world…Namecoin News. utilizing analogies 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 better than ens and what that indicates for people getting into the complicated crypto area before we in fact get to understanding the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at white boards crypto we love using examples so that’s precisely what we’re going to be using to help you comprehend dns so dns represents domain service which is an expensive way of stating that it is an useful service which permits us people to key in human readable addresses into the search bar and then it will instantly turn them into maker understandable addresses so most of you are most likely acquainted with ip addresses and those are exactly how a computer system at one end of the internet knows how to talk particularly to another computer system somewhere else and not just scream it into the abyss that is the web when you type in google.com and you struck enter your computer sends out 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 searching for them and then gets a plan back to send out to you now the package is then unpacked by your computer system to reveal you the entirety of the google.com web page utilizing complex mathematics and software all of this

interaction happens behind the scenes however to you it’s simple and easy to use in fact if we had to key in 8.8.8.8 into the url bar instead of google.com a lot more people would be puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and webs 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 essentially the very same thing that i simply discussed except 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 merely type that in and pay me 20 if you want by the way if you don’t have 20 and you wish to support the channel do not hesitate to leave a like listed below it’s complimentary and it rewards all our hard work on this video and the past hundred that we have actually been actually hard at work creating however anyways if you’re not used to understanding crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d need 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 kind 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 computer and enter the guide section of the video where i wish to reveal you unstoppable domain how to get a domain how to set up a specific wallet so you can attach the domain name that you purchased to your wallet and so on so you can actually understand how to properly utilize unstoppable domain so let’s start welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get started with this website is very simple you just come here and then you key in the domain name that you desire right here and then click search now i want simply want to discuss that they do have particular rate points for the number of characters are in the domain name that you wish to get so something over 8 characters will be 40 the smaller sized the domain the more costly it’s going to be so for instance if i was come here and i key in my surname 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 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 flexible i like it’s that it’s not one of those unusual crypto websites 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 entrance you want to utilize fine and that’s it and so when 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 declare your crypto domain address now the factor why you ‘d desire to go through the procedure and really declare uh your domain addresses because one then you really own it then 2 you can do whatever you want with it if you desire to go sell it on some type of like nft market you can go ahead and do that alright so simply like when you purchase 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 actually move the cryptocurrency from coinbase to your own wallet this is the very same so this is on there this is you understand it’s like a hot wallet i think you know this is you you have not declared 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 way is that you have to buy a claim with credits cost 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 actually have to pay uh to move things on and off by means of gas charges number 2 is you can pay the gas charges directly 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 option that makes it simple to claim but anyways to get begun is extremely basic so we go here say if i want to declare this one make a website.crypto we’ll declare with ethereum right there declare process started so now we have to send the code by email so click that and so right over here we’ll jump 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 right click copy paste there we go boom put that in fine excellent now you’re like whoa what do i do select wallet for declaring 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 different 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 get start with metamask is easy meta mask there we go fine so we click here then we want to download it now click on that install metamask for chrome alright and let’s go ahead and add to chrome include extension and there we go alright so now the metamask app is set up on our browser so we just click begin we are new to metamask so here is where you have to set up a wallet a wallet is what you finish with your cryptocurrency Namecoin News