Namecoin Wat Is? 2022

explain topics of the cryptocurrency world…Namecoin Wat Is?. utilizing examples stories and examples so that you can quickly comprehend them in this video we are going to be explaining what unstoppable domains is how they might be much better than ens and what that suggests for individuals getting into the complicated crypto area prior to we actually get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we enjoy using examples so that’s precisely what we’re going to be utilizing to assist you comprehend dns so dns represents domain name service which is a fancy way of stating that it is a helpful service which enables us humans to type in human readable addresses into the search bar and then it will automatically turn them into maker legible addresses so the majority of you are most likely knowledgeable about ip addresses and those are exactly how a computer at one end of the web knows how to talk particularly to another computer system elsewhere and not just scream it into the abyss that is the web when you enter google.com and you hit enter your computer system sends a message to your internet service provider stating 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 after that grabs 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 utilizing complex mathematics and software application all of this

communication takes place behind the scenes however to you it’s basic and user friendly in fact if we needed to key in 8.8.8.8 into the url bar instead of google.com a lot more individuals would be confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and nets due to the fact that 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 basically the exact same thing that i simply pointed out other than it’s for ethereum ens stands for ethereum name service and pretty much 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 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 but anyways if you’re not utilized to understanding crypto the alternative to sharing white boards crypto.eth with someone is i ‘d have to share

Present domain name register to launch domain name or in order to move it over to this other domain register etc uh when you have a dot crypto dot zill any type of blockchain based domain you can transfer it to anywhere you desire whatever wallet you desire with ease okay so now let’s delve into my laptop computer and enter into the tutorial section of the video where i want to reveal you unstoppable domain names how to get a domain how to establish a particular wallet so you can attach the domain name that you purchased to your wallet etc so you can truly understand how to properly use unstoppable domain so let’s get going welcome to my laptop let’s start so this is unstoppable domains.com now to get started with this website is extremely basic you simply come here and then you type in the domain that you want right here and after that click search now i desire simply want to point out that they do have specific price points for how many characters are 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 expensive it’s going to be so for example if i was come here and i enter my last name 2 400 uh i believe i’ll pass however anyways let me go ahead and just include this to cart for presentation 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 really like i like that it’s versatile i like it’s that it’s not one of those odd crypto websites 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 use 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 reason why you ‘d want to go through the process and in fact declare uh your domain addresses because 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 all right so simply like when you buy any type of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou till 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 know it’s like 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 simply want to briefly mention at the time of this video that there are a couple of ways to declare your domain name the very first method is that you have to buy a claim with credits fee so that costs uh at this time 40 per domain name and so that’s pays for the gas charges you’re like what are gas charges look this the ethereum network you really have to pay uh to move things on and off via gas charges number two is you can pay the gas charges directly 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 until august so then they’ll have a scaling solution that makes it simple to claim however anyways to get begun is very simple so we go here state if i desire 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 e-mail so click that and so right over here we’ll leap 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 ideal click copy paste there we go boom put that in all right great 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 advise 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 just going to use metamask so to get going with metamask is easy meta mask there we go okay so we click here then we want to download it now click on that install metamask for chrome alright and let’s go on and add to chrome include extension and there we go fine so now the metamask app is installed on our browser so we just click on start we are new to metamask so here is where you need to establish a wallet a wallet is what you do with your cryptocurrency Namecoin Wat Is?