Namecoin Slushpool 2022

describe subjects of the cryptocurrency world…Namecoin Slushpool. utilizing analogies 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 individuals entering into the complex crypto area before we in fact get to understanding the power of unstoppable domains the first thing we’ll require to do is understand dns here at white boards crypto we love using examples so that’s precisely what we’re going to be utilizing to assist you understand dns so dns represents domain service which is an elegant method of saying that it is a valuable service which enables us human beings to type in human understandable addresses into the search bar and after that it will automatically turn them into device readable addresses so most of you are probably familiar with ip addresses and those are precisely how a computer system at one end of the internet understands how to talk specifically to another computer elsewhere and not simply 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 searching for them and after that gets a bundle back to send out to you now the package is then unpacked by your computer to reveal you the totality of the google.com home page using complicated math and software application all of this

interaction occurs behind the scenes but to you it’s easy and user friendly in fact if we had to key in 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 nets since it makes good 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 exact same thing that i just mentioned except it’s for ethereum ens means ethereum name service and basically lets me inform you that whiteboardcrypto.eth is my wallet address so you can just 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 do not hesitate 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’ve been really hard at work producing but anyways if you’re not utilized to understanding crypto the alternative to sharing white boards crypto.eth with someone is i ‘d need to share

Existing domain register to launch 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 kind of blockchain based domain name you can move it to wherever you want whatever wallet you desire with ease all right so now let’s delve into my laptop computer and get into the tutorial section of the video where i wish to show you unstoppable domain how to get a domain how to set up a specific wallet so you can attach the domain that you purchased to your wallet etc so you can truly comprehend how to correctly use unstoppable domain so let’s get started welcome to my laptop computer let’s begin so this is unstoppable domains.com now to begin with this site is very basic you simply come here and then you type in the domain that you desire right here and after that click search now i want just want to mention that they do have specific price points for the number of characters remain in the domain name 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 instance if i was come here and i type in my last name 2 400 uh i think i’ll pass but anyways let me proceed and simply add this to haul for presentation functions we’ll go to the carts and that’s it all right and

then you click here checkout and that’s it therefore 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 flexible i like it’s that it’s not one of those unusual crypto websites where you need to pay in cryptocurrency or you need to buy unstoppable coin then exchange it or whatever no you can pay with however payment entrance you want to utilize okay which’s it and so when you’re all set then you’ll have your my domain list in your account therefore 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 reason why you ‘d want to go through the process and in fact declare uh your domain addresses due to the fact that one then you actually 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 marketplace you can go on and do that alright so similar to when you purchase any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is just an iou it’s an iou till 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 think you know this is you you have not claimed it yet so it’s an iou that you own this therefore i simply wish to briefly reference at the time of this video that there are a couple of ways to claim your domain name the very first way is that you have to buy a claim with credits cost so that expenses uh at this time 40 per domain and so that’s spends for the gas charges you’re like what are gas fees look this the ethereum network you in fact need to pay uh to move things on and off through gas charges second is you can pay the gas costs straight from your own wallet so if you already have a wallet set up and you have ethereum in there you can pay with your own ethereum or you can simply wait up until august so then they’ll have a scaling service that makes it easy to claim but anyways to start is very easy so we go here state if i wish to claim this one make a website.crypto we’ll declare with ethereum right there declare procedure started so now we need to send the code by email so click that therefore right over here we’ll leap over here and await 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 okay 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 specifically for ethereum now there are a few 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 using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re simply going to utilize metamask so to get going with metamask is simple 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 alright and let’s go ahead and add to chrome add extension and there we go alright so now the metamask app is installed on our web browser so we simply click begin we are new to metamask so here is where you have to set up a wallet a wallet is what you make with your cryptocurrency Namecoin Slushpool