Namecoins 2022

describe topics of the cryptocurrency world…Namecoins. utilizing examples stories and examples so that you can quickly understand them in this video we are going to be explaining what unstoppable domains is how they might be better than ens and what that means for people getting into the complicated 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 like utilizing examples so that’s exactly what we’re going to be utilizing to help you understand dns so dns represents domain service which is a fancy method of stating that it is a practical service which permits us people to key in human legible addresses into the search bar and then it will automatically turn them into machine readable addresses so most of you are probably acquainted with ip addresses and those are exactly how a computer at one end of the web knows how to talk specifically to another computer system somewhere else and not simply shriek it into the void that is the web when you type in google.com and you hit 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 trying to find them and then gets a plan back to send out to you now the package is then unpacked by your computer system to show you the entirety of the google.com home page using complex math and software all of this

interaction happens behind the scenes however to you it’s simple 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 nets due to the fact that it makes sense to us so that’s essentially 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 same thing that i simply discussed except it’s for ethereum ens means ethereum name service and practically lets me tell you that whiteboardcrypto.eth is my wallet address so you can just 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 totally free and it rewards all our hard work on this video and the past hundred that we’ve been actually hard at work developing but anyways if you’re not utilized to understanding crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d have to share

Existing domain name register to release domain or in order to move it over to this other domain register etc uh when you have a dot crypto dot zill any kind of blockchain based domain name you can transfer it to any place you want whatever wallet you want with ease all right so now let’s delve into my laptop computer and get into the tutorial area of the video where i want to show you unstoppable domain names how to get a domain how to establish a specific wallet so you can attach the domain name that you bought to your wallet and so on so you can really comprehend how to appropriately utilize unstoppable domain names so let’s get started welcome to my laptop computer let’s start so this is unstoppable domains.com now to start with this website is very easy you simply come here and then you key in the domain that you desire right here and then click on search now i desire just want to point out that they do have particular price points for the number of characters are in the domain that you wish to get so something over 8 characters will be 40 the smaller the domain name the more pricey it’s going to be so for instance if i was come here and i enter my surname 2 400 uh i believe i’ll pass but anyways let me proceed and simply add this to haul for demonstration functions we’ll go to the carts and that’s it alright and

then you click on 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 actually like i like that it’s flexible 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 purchase unstoppable coin then exchange it or whatever no you can pay with however payment gateway you want to use alright which’s it therefore when 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 website dot crypto and that’s it how to declare your crypto domain address now the reason that you ‘d want to go through the procedure and in fact claim 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 offer it on some type of like nft marketplace you can proceed and do that fine so just like when you buy any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is simply an iou it’s an iou up until you really move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you understand it’s like a hot wallet i think you know this is you you haven’t declared 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 few ways to claim your domain name the very first way is that you have to acquire a claim with credits fee so that expenses uh at this time 40 per domain name and so that’s pays for the gas fees you resemble what are gas fees look this the ethereum network you actually need to pay uh to move things on and off through gas fees second is you can pay the gas fees directly from your own wallet so if you already 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 service that makes it easy to claim but anyways to begin is extremely simple so we go here say if i want to declare this one make a website.crypto we’ll declare with ethereum right there claim process began so now we need to send out the code by email so click that therefore right over here we’ll jump 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 simply 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 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 couple of different wallets that they suggest 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 get start with metamask is easy meta mask there we go alright so we click here then we wish to download it now click that install metamask for chrome alright and let’s go on and contribute to chrome add extension and there we go alright so now the metamask app is installed on our web browser so we just click on start 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 Namecoins