Namecoin To Bitcoin 2022

explain subjects of the cryptocurrency world…Namecoin To Bitcoin. using 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 better than ens and what that implies for individuals entering into the complicated crypto space prior to we actually get to comprehending the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at white boards crypto we enjoy utilizing examples so that’s exactly what we’re going to be utilizing to assist you comprehend dns so dns stands for domain name service which is an elegant method of saying that it is an useful service which allows us human beings to type in human legible addresses into the search bar and then it will instantly turn them into machine legible addresses so the majority of you are most likely acquainted with ip addresses and those are exactly how a computer at one end of the internet understands how to talk particularly to another computer system somewhere else and not just shriek it into the abyss that is the web when you enter google.com and you struck enter your computer 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 looking for them and then gets a package back to send out to you now the plan is then unpacked by your computer to reveal you the whole of the google.com web page using complex mathematics and software all of this

communication takes place behind the scenes but to you it’s simple 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 people 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 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 simply type that in and pay me 20 if you want by the way if you don’t have 20 and you want 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 truly hard at work producing however anyways if you’re not used to understanding crypto the option to sharing white boards crypto.eth with someone is i ‘d have to share

Current domain register to release domain name 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 name you can move it to any place you desire whatever wallet you desire with ease okay so now let’s jump into my laptop computer and enter into the tutorial area of the video where i want to show you unstoppable domain how to get a domain how to set up a specific wallet so you can connect the domain that you bought to your wallet etc so you can really understand how to correctly utilize unstoppable domain so let’s get going welcome to my laptop computer let’s start so this is unstoppable domains.com now to begin with this website is really easy you simply come here and after that you enter the domain name that you want right here and then click search now i want just want to discuss that they do have specific rate points for the number of characters remain in the domain name that you want 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 instance if i was come here and i type in my surname 2 400 uh i think i’ll pass but anyways let me proceed and just include this to haul for presentation purposes we’ll go to the carts which’s it all right and

then 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 flexible i like it’s that it’s not one of those weird crypto websites where you have to pay in cryptocurrency or you need to purchase unstoppable coin then exchange it or whatever no you can pay with however payment entrance you wish to utilize alright which’s it and so once you’re all set then you’ll have your my domain name list in your account therefore 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 reason that you ‘d want to go through the procedure and actually claim uh your domain addresses since one then you really own it then two you can do whatever you want with it if you want to go offer it on some kind of like nft market you can proceed 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 till you actually move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you know it resembles a hot wallet i think you know this is you you have not declared it yet so it’s an iou that you own this and so i simply want to briefly reference at the time of this video that there are a couple of methods to declare your domain name the first way is that you have to acquire a claim with credits fee so that expenses uh at this time 40 per domain therefore that’s pays for the gas costs you resemble what are gas charges look this the ethereum network you really need to pay uh to move things on and off through gas costs number two is you can pay the gas fees 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 simply wait until august so then they’ll have a scaling solution that makes it easy to claim but anyways to get started is very easy so we go here state if i want to claim this one make a website.crypto we’ll claim with ethereum right there claim process started so now we need to send the code by e-mail so click that therefore right over here we’ll jump over here and await 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 simply highlight that right click copy paste there we go boom put that in okay great now you’re like whoa what do i do pick wallet for declaring 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 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 utilizing 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 start with metamask is simple meta mask there we go okay so we click here then we wish to download it now click that set up metamask for chrome all right 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 browser so we simply click get going we are brand-new to metamask so here is where you have to set up a wallet a wallet is what you do with your cryptocurrency Namecoin To Bitcoin