describe topics of the cryptocurrency world…Namecoin-qt Mac Os X Application Not Responding. using analogies stories and examples so that you can easily understand them in this video we are going to be describing what unstoppable domains is how they might be better than ens and what that means for people entering the complicated crypto space prior to we in fact get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we love using examples so that’s exactly what we’re going to be using to assist you understand dns so dns represents domain service which is an elegant way of saying that it is an useful service which allows us humans to enter human readable addresses into the search bar and then it will automatically turn them into maker understandable addresses so most of you are probably familiar with ip addresses and those are exactly how a computer at one end of the web knows how to talk specifically to another computer elsewhere and not just shout it into the abyss that is the web when you key in google.com and you hit enter your computer system sends a message to your internet service provider saying 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 plan back to send out to you now the bundle is then unpacked by your computer to reveal you the entirety of the google.com web page utilizing complex mathematics and software application all of this
communication happens behind the scenes however to you it’s simple 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 people would be confused 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 human beings to speak machine code next up let’s see how this works for crypto ens is essentially the very same thing that i simply pointed out 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 want 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 free and it rewards all our effort on this video and the past hundred that we have actually been really hard at work producing however anyways if you’re not used to comprehending crypto the option to sharing white boards crypto.eth with somebody is i ‘d have to share
Existing 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 kind 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 and enter the tutorial section of the video where i wish to show you unstoppable domain how to get a domain name how to establish a specific wallet so you can attach the domain that you bought to your wallet etc so you can truly comprehend how to appropriately utilize unstoppable domain so let’s start welcome to my laptop computer let’s begin so this is unstoppable domains.com now to start with this website is really easy you just come here and after that you enter the domain that you want right here and then click on search now i want just want to point out that they do have particular cost points for how many 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 expensive it’s going to be so for example if i was come here and i enter my surname 2 400 uh i think i’ll pass but anyways let me proceed and simply add this to haul for presentation purposes we’ll go to the carts which’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 truly like i like that it’s versatile 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 purchase unstoppable coin then exchange it or whatever no you can pay with however payment entrance you want to utilize alright 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 site dot crypto and that’s it how to claim your crypto domain address now the factor why you ‘d desire to go through the procedure and actually 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 all right so simply like when you purchase 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 same so this is on there this is you know it’s like a hot wallet i guess you know this is you you haven’t declared it yet so it’s an iou that you own this and so i simply desire to briefly mention at the time of this video that there are a couple of methods to declare your domain name the first method 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 charges look this the ethereum network you really have to pay uh to move things on and off through gas costs number 2 is you can pay the gas charges 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 just wait until august so then they’ll have a scaling solution that makes it easy to claim however anyways to get begun is really basic so we go here say if i desire to declare this one make a website.crypto we’ll declare with ethereum right there declare process began so now we have to send the code by e-mail so click that and so right over here we’ll jump 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 just highlight that right click copy paste there we go boom put that in all right 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 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 going with metamask is easy meta mask there we go fine so we click here then we wish to download it now click that install metamask for chrome fine and let’s go on and contribute to chrome add extension and there we go okay so now the metamask app is installed on our internet browser so we simply click on begin we are brand-new to metamask so here is where you need to establish a wallet a wallet is what you do with your cryptocurrency Namecoin-qt Mac Os X Application Not Responding