Namecoin Profitability Calculator 2022

discuss subjects of the cryptocurrency world…Namecoin Profitability Calculator. utilizing analogies stories and examples so that you can quickly 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 suggests for individuals getting into the complicated crypto space before we in fact get to understanding the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we like utilizing examples so that’s precisely what we’re going to be utilizing to assist you understand dns so dns means domain name service which is an elegant way of stating that it is a handy service which permits us human beings to key in human understandable addresses into the search bar and after that it will automatically turn them into machine understandable addresses so most of you are probably acquainted with ip addresses and those are precisely how a computer system at one end of the web understands how to talk specifically to another computer elsewhere and not just yell it into the void that is the web when you key in 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 discovers and goes to where google is tells them that you are trying to find 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 complicated math and software all of this

communication occurs behind the scenes but to you it’s basic and easy to use in fact if we needed to enter 8.8.8.8 into the url bar instead of google.com a lot more individuals would be puzzled right we do not 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 basically what a dns is a translator for humans 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 except it’s for ethereum ens means ethereum name service and practically 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 wish to support the channel feel free to leave a like listed below it’s totally free 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 utilized to comprehending crypto the option to sharing whiteboard crypto.eth with somebody is i ‘d need to share

Present domain register to release domain 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 move it to wherever you desire whatever wallet you want with ease alright 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 names how to get a domain name how to establish a particular wallet so you can attach the domain name that you bought to your wallet and so on so you can really comprehend how to appropriately use 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 site is really simple you just come here and after that you key in the domain that you desire right here and then click search now i want just wish to discuss that they do have specific cost points for the number of characters are in the domain 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 example if i was come here and i key in my last name 2 400 uh i believe i’ll pass but anyways let me proceed and just include this to cart for presentation functions we’ll go to the carts and that’s it okay and

then you click on here checkout and that’s it therefore you can pay with a charge card paypal crypto or you can pay with the crypto.com app and i truly like i like that it’s versatile i like it’s that it’s not one of those weird crypto sites where you have to pay in cryptocurrency or you need to buy unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you want to use all right and that’s it and so once you’re all set then you’ll have your my domain list in your account and so we have right down there so i own my name dot crypto and make a site dot crypto which’s it how to declare your crypto domain address now the reason that you ‘d wish to go through the procedure and in fact 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 wish to go sell it on some kind of like nft market you can go on and do that alright so similar to when you buy any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is simply an iou it’s an iou until you really 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 haven’t claimed 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 few ways to declare your domain name the first way is that you need to acquire a claim with credits fee so that costs uh at this time 40 per domain and so that’s pays for the gas costs you’re like what are gas charges look this the ethereum network you actually have to pay uh to move things on and off via gas fees number two is you can pay the gas fees straight from your own wallet so if you already 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 service that makes it easy to claim however anyways to begin is extremely simple so we go here state if i want to claim this one make a website.crypto we’ll declare with ethereum right there declare process started so now we need to send out the code by email so click that and so right over here we’ll leap 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 alright fantastic 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 specifically for ethereum now there are a few various wallets that they suggest 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 begin with metamask is simple meta mask there we go okay so we click here then we want to download it now click that set up metamask for chrome all right and let’s go ahead and contribute to chrome add extension and there we go all right so now the metamask app is set up on our browser so we simply click on get going 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 Profitability Calculator