Namecoin On Slushpool 2022

discuss topics of the cryptocurrency world…Namecoin On Slushpool. using analogies stories and examples so that you can quickly 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 entering into the complicated crypto space before we actually 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 like utilizing examples so that’s precisely what we’re going to be utilizing to help you understand dns so dns means domain service which is a fancy way of saying that it is a practical service which allows us humans to enter human understandable addresses into the search bar and then it will automatically turn them into machine legible addresses so the majority of you are most likely knowledgeable about ip addresses and those are precisely how a computer at one end of the internet knows how to talk particularly to another computer system somewhere else and not just shout it into the void that is the web when you enter google.com and you hit enter your computer system sends 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 looking for them and then gets a package back to send to you now the plan is then unpacked by your computer system to reveal you the totality of the google.com home page utilizing complicated mathematics and software application all of this

communication takes place behind the scenes but to you it’s easy and user friendly in fact if we needed to type 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 internet because it makes good 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 exact same thing that i simply discussed other than it’s for ethereum ens represents ethereum name service and practically lets me inform 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 effort on this video and the past hundred that we have actually been really hard at work producing but anyways if you’re not used to understanding crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d need to share

Present domain name register to release domain name or in order to move it over to this other domain name register etc uh when you have a dot crypto dot zill any type of blockchain based domain name you can transfer it to anywhere you desire whatever wallet you desire with ease alright so now let’s delve into my laptop 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 establish a specific wallet so you can attach the domain that you purchased to your wallet etc so you can really comprehend how to correctly utilize unstoppable domain so let’s begin welcome to my laptop let’s start so this is unstoppable domains.com now to start with this site is very basic you simply come here and after that you key in the domain name that you want right here and then click search now i desire just wish to discuss that they do have specific rate points for how many characters are 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 instance if i was come here and i enter my surname 2 400 uh i think i’ll pass but anyways let me go ahead and simply include this to cart for presentation functions we’ll go to the carts which’s it alright and

then you click here checkout which’s it and so you can pay with a charge 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 unusual crypto websites where you need to pay in cryptocurrency or you need to purchase unstoppable coin then exchange it or whatever no you can pay with however payment entrance you want to use all right and that’s it therefore when 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 which’s it how to claim your crypto domain address now the reason that you ‘d wish to go through the procedure and actually claim uh your domain addresses because one then you really own it then 2 you can do whatever you desire with it if you want to go sell it on some type of like nft marketplace you can go on and do that all right so much like when you purchase any kind 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 same so this is on there this is you know it resembles 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 and so i simply want to briefly mention at the time of this video that there are a couple of methods to claim your domain the first method is that you need to acquire a claim with credits cost so that costs uh at this time 40 per domain name therefore that’s spends for the gas charges you’re like what are gas charges look this the ethereum network you really have to pay uh to move things on and off via gas fees number two is you can pay the gas charges directly 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 until august so then they’ll have a scaling service that makes it easy to claim however anyways to get going is very simple so we go here say if i wish to declare this one make a website.crypto we’ll claim with ethereum right there declare process started so now we need to send out the code by e-mail 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 best click copy paste there we go boom put that in fine terrific now you resemble whoa what do i do choose 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 couple of various wallets that they suggest 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 utilizing desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re simply going to use metamask so to get start with metamask is easy meta mask there we go all right so we click on this link then we want to download it now click that install metamask for chrome okay 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 simply click on begin we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you do with your cryptocurrency Namecoin On Slushpool