Namecoin Profit Calculator 2022

discuss topics of the cryptocurrency world…Namecoin Profit Calculator. utilizing analogies stories and examples so that you can easily comprehend them in this video we are going to be discussing what unstoppable domains is how they might be much better than ens and what that implies for people entering the complicated 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 like using examples so that’s exactly what we’re going to be using to assist you comprehend dns so dns means domain name service which is an expensive way of stating that it is a valuable service which permits us people to enter human legible addresses into the search bar and after that it will immediately turn them into machine legible addresses so the majority of you are most likely acquainted 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 just yell it into the abyss that is the web when you key in google.com and you struck enter your computer 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 trying to find them and after that gets a package back to send out to you now the plan is then unpacked by your computer to reveal you the entirety of the google.com web page using complex mathematics and software application all of this

interaction occurs 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 individuals would be confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and nets because it makes good sense to us so that’s basically 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 other than it’s for ethereum ens means ethereum name service and practically lets me inform you that whiteboardcrypto.eth is my wallet address so you can merely type that in and pay me 20 if you desire by the way if you don’t have 20 and you wish to support the channel feel free to leave a like listed below it’s complimentary and it rewards all our effort on this video and the past hundred that we have actually been actually hard at work producing however anyways if you’re not used to understanding crypto the alternative to sharing white boards crypto.eth with somebody is i ‘d have to share

Present domain name register to launch 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 anywhere you want whatever wallet you want with ease all right so now let’s delve into my laptop computer and enter into the tutorial area of the video where i want to reveal you unstoppable domain how to get a domain how to set up a particular wallet so you can attach the domain name that you bought to your wallet etc so you can really comprehend how to correctly utilize unstoppable domain names so let’s start welcome to my laptop let’s start so this is unstoppable domains.com now to get started with this website is really simple you simply come here and then you enter the domain name that you desire right here and after that click search now i desire just want to mention that they do have specific price points for how many characters remain in the domain name that you want 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 type in my last name 2 400 uh i believe i’ll pass but anyways let me go ahead and simply include this to cart for presentation functions we’ll go to the carts and that’s it okay 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 websites 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 entrance you want to use 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 reason why you ‘d want to go through the procedure and really claim uh your domain addresses due to the fact that one then you really own it then 2 you can do whatever you desire with it if you desire to go offer it on some type of like nft market you can go ahead and do that fine so just like when you buy any type of cryptocurrency from an exchange like uh coinbase for example what it is is just an iou it’s an iou up until you really move the cryptocurrency from coinbase to your own wallet this is the exact same so this is on there this is you know it’s like 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 and so i just desire to briefly mention at the time of this video that there are a few ways to declare your domain name the first method is that you have to purchase a claim with credits charge 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 fees look this the ethereum network you in fact have to pay uh to move things on and off by means of gas fees number 2 is you can pay the gas costs directly 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 service that makes it simple to claim however anyways to get started is very simple so we go here state if i want to claim this one make a website.crypto we’ll declare with ethereum right there claim process started so now we have to send out the code by e-mail so click that and so right over here we’ll leap over here and wait for 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 simply highlight that best click copy paste there we go boom put that in alright great now you’re like whoa what do i do select wallet for claiming 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 couple of 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 simply going to use metamask so to get start with metamask is easy meta mask there we go alright so we click here then we want to download it now click on that set up metamask for chrome okay and let’s proceed and contribute to chrome add extension and there we go all right so now the metamask app is set up on our web 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 make with your cryptocurrency Namecoin Profit Calculator