Namecoin Wallet For Mining 2022

explain topics of the cryptocurrency world…Namecoin Wallet For Mining. using 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 means for individuals entering the complicated crypto space before we really get to understanding the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we love utilizing examples so that’s exactly what we’re going to be using to assist you comprehend dns so dns stands for domain name service which is a fancy way of saying that it is a valuable service which allows us people to enter human legible addresses into the search bar and after that it will immediately turn them into machine legible addresses so most of you are most likely familiar with ip addresses and those are precisely how a computer system at one end of the web knows how to talk particularly to another computer system somewhere else and not just shout it into the void that is the web when you enter google.com and you hit enter your computer 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 package back to send out to you now the package is then unpacked by your computer to reveal you the entirety of the google.com home page using complicated math and software application all of this

interaction occurs behind the scenes however to you it’s basic and easy to use in fact if we had to enter 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 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 just mentioned except it’s for ethereum ens stands for 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 do not hesitate to leave a like below it’s complimentary and it rewards all our hard work on this video and the past hundred that we have actually been really hard at work creating but anyways if you’re not used to understanding crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d need to share

Current domain name register to launch 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 transfer it to anywhere you desire whatever wallet you desire with ease alright so now let’s jump into my laptop and enter the tutorial section of the video where i wish to show you unstoppable domain how to get a domain how to set up a particular wallet so you can attach the domain that you purchased to your wallet and so on so you can truly understand how to appropriately use unstoppable domain so let’s get going welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get going with this site is very simple you just come here and after that you enter the domain name that you desire right here and after that click on search now i want just want to mention that they do have particular rate points for how many characters remain in the domain name that you want to get so something over 8 characters will be 40 the smaller sized the domain name the more pricey it’s going to be so for instance if i was come here and i key in my last name 2 400 uh i think i’ll pass however anyways let me go ahead and simply include this to cart for demonstration purposes we’ll go to the carts which’s it all right 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 actually like i like that it’s versatile i like it’s that it’s not one of those unusual crypto sites 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 gateway you desire to utilize okay 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 website dot crypto and that’s it how to declare your crypto domain address now the reason why you ‘d desire to go through the procedure and in fact claim uh your domain addresses due to the fact that one then you actually own it then 2 you can do whatever you desire with it if you want to go sell it on some type of like nft market you can go ahead and do that alright so just 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 until you in fact move the cryptocurrency from coinbase to your own wallet this is the very same so this is on there this is you understand it’s like a hot wallet i think you understand this is you you have not declared it yet so it’s an iou that you own this and so i just want to briefly reference at the time of this video that there are a few methods to declare your domain name the very first method is that you have to buy a claim with credits charge so that expenses uh at this time 40 per domain name and so that’s pays for the gas costs you’re like what are gas costs look this the ethereum network you really have to pay uh to move things on and off by means of gas costs number two is you can pay the gas charges directly 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 simply wait up until august so then they’ll have a scaling service that makes it easy to claim however anyways to get begun is very easy so we go here say if i want to declare this one make a website.crypto we’ll claim with ethereum right there claim procedure began so now we have to send out the code by email so click that and so right over here we’ll jump 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 simply 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 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

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 on this link then we wish to download it now click that install metamask for chrome fine and let’s go ahead and add to chrome add extension and there we go okay so now the metamask app is installed on our browser so we simply click on begin we are new to metamask so here is where you need to set up a wallet a wallet is what you do with your cryptocurrency Namecoin Wallet For Mining