Namecoin Reward 2022

discuss topics of the cryptocurrency world…Namecoin Reward. using examples stories and examples so that you can quickly comprehend them in this video we are going to be describing what unstoppable domains is how they might be better than ens and what that indicates for people getting into the complex crypto space prior to we really get to understanding the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we enjoy using examples so that’s exactly what we’re going to be utilizing to help you comprehend dns so dns means domain name service which is an elegant way of saying that it is a handy service which enables us human beings to enter human readable addresses into the search bar and then it will automatically turn them into maker legible addresses so the majority of you are probably knowledgeable about ip addresses and those are exactly how a computer system at one end of the web understands how to talk particularly 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 out a message to your internet service provider stating yo where’s google the internet service provider learns and goes to where google is tells them that you are trying to find them and then grabs a bundle back to send to you now the plan is then unpacked by your computer to reveal you the totality of the google.com web page using complicated math and software application all of this

interaction happens behind the scenes but to you it’s basic 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 individuals would be confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and internet 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 essentially the same thing that i simply mentioned except it’s for ethereum ens stands for ethereum name service and basically lets me inform you that whiteboardcrypto.eth is my wallet address so you can simply 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 do not hesitate to leave a like listed below it’s free and it rewards all our hard work on this video and the past hundred that we have actually been truly hard at work creating however anyways if you’re not utilized to understanding crypto the option to sharing whiteboard crypto.eth with somebody is i ‘d need to share

Current domain name register to release 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 transfer it to wherever you want whatever wallet you want with ease fine so now let’s jump into my laptop and enter the guide area of the video where i wish to reveal you unstoppable domain names how to get a domain name how to establish a specific wallet so you can attach the domain name that you purchased to your wallet etc so you can actually comprehend how to correctly utilize unstoppable domain names so let’s begin welcome to my laptop let’s begin so this is unstoppable domains.com now to begin with this site is really easy you just come here and then you key in the domain name that you want right here and then click search now i want just want to mention that they do have specific price points for how many characters remain in the domain name that you wish to get so something over 8 characters will be 40 the smaller 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 go ahead and just include this to cart for demonstration functions we’ll go to the carts which’s it all right and

then you click on here checkout which’s it therefore 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 flexible i like it’s that it’s not one of those weird crypto sites where you have to pay in cryptocurrency or you have to buy unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you want to utilize alright and that’s it therefore 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 claim your crypto domain address now the reason you ‘d wish to go through the procedure and really claim uh your domain addresses because one then you really own it then two you can do whatever you desire with it if you wish to go offer it on some kind of like nft marketplace you can go ahead and do that fine so similar to when you purchase any type of cryptocurrency from an exchange like uh coinbase for instance what it is is simply an iou it’s an iou up until you actually 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 understand this is you you haven’t claimed it yet so it’s an iou that you own this and so i just wish to briefly mention at the time of this video that there are a few ways to claim your domain the very first method is that you need to acquire a claim with credits fee so that costs uh at this time 40 per domain therefore that’s spends for the gas fees you resemble what are gas fees look this the ethereum network you in fact need to pay uh to move things on and off by means of gas charges number two is you can pay the gas costs 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 till august so then they’ll have a scaling solution that makes it simple to claim but anyways to start is very easy so we go here say if i want to declare this one make a website.crypto we’ll declare with ethereum right there claim procedure began so now we have to send the code by email so click that therefore right over here we’ll leap over here and wait on 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 all right terrific 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 particularly for ethereum now there are a couple of different wallets that they recommend 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 just going to use metamask so to start with metamask is easy meta mask there we go alright so we click here then we wish to download it now click that set up metamask for chrome all right and let’s go on and add to chrome add extension and there we go fine so now the metamask app is set up on our web browser so we simply click get going we are new to metamask so here is where you need to set up a wallet a wallet is what you finish with your cryptocurrency Namecoin Reward