Namecoin Pool 2022

discuss topics of the cryptocurrency world…Namecoin Pool. utilizing analogies stories and examples so that you can quickly understand them in this video we are going to be explaining what unstoppable domains is how they might be much better than ens and what that implies for people entering the complex crypto space 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 enjoy utilizing examples so that’s exactly what we’re going to be utilizing to assist you comprehend dns so dns means domain name service which is a fancy way of saying that it is a valuable service which permits us humans to type in human readable addresses into the search bar and then it will automatically turn them into device readable addresses so the majority of you are probably familiar with ip addresses and those are precisely how a computer system at one end of the web understands how to talk particularly to another computer elsewhere and not simply shriek it into the void that is the web when you enter google.com and you hit 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 looking for them and then grabs a plan back to send to you now the package is then unpacked by your computer system to show you the whole of the google.com home page utilizing complicated mathematics and software application all of this

communication happens behind the scenes but to you it’s easy and user friendly 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 nets due to the fact that 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 essentially the exact same thing that i simply discussed other than it’s for ethereum ens stands for ethereum name service and pretty much 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 do not hesitate to leave a like below it’s totally free and it rewards all our effort on this video and the past hundred that we’ve been really hard at work creating but anyways if you’re not used to comprehending crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d need to share

Current domain name register to release 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 move it to anywhere you desire whatever wallet you want with ease alright so now let’s jump into my laptop computer and enter into the tutorial area 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 connect the domain that you purchased to your wallet and so on so you can really understand how to properly utilize unstoppable domain so let’s get started welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get started with this site is very easy you just come here and then you type in the domain name that you want right here and then click search now i desire just wish to point out that they do have particular cost points for the number of characters remain in the domain that you wish to get so something over 8 characters will be 40 the smaller sized the domain name the more expensive it’s going to be so for instance if i was come here and i enter my last name 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 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 really 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 however payment entrance you desire to use fine 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 desire to go through the process and really declare uh your domain addresses since one then you in fact own it then 2 you can do whatever you want with it if you want to go sell it on some type of like nft marketplace you can go ahead and do that okay so just 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 really 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 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 couple of ways to declare your domain name the first method is that you have to acquire a claim with credits charge so that expenses uh at this time 40 per domain name and so that’s pays 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 charges 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 solution that makes it easy to claim but anyways to get begun is very easy so we go here say if i desire to claim this one make a website.crypto we’ll declare with ethereum right there declare procedure started so now we have 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 simply highlight that best click copy paste there we go boom put that in alright fantastic now you’re like 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 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 utilizing 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 on this link then we wish to download it now click that install metamask for chrome okay and let’s proceed and add to chrome include extension and there we go alright so now the metamask app is set up on our internet browser so we just click begin we are brand-new to metamask so here is where you need to set up a wallet a wallet is what you finish with your cryptocurrency Namecoin Pool