Price Namecoin 2022

describe topics of the cryptocurrency world…Price Namecoin. using examples stories and examples so that you can quickly understand them in this video we are going to be describing what unstoppable domains is how they might be better than ens and what that implies for people getting into the complicated crypto space prior to we in fact get to comprehending the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at whiteboard crypto we enjoy utilizing examples so that’s exactly what we’re going to be using to help you comprehend dns so dns stands for domain service which is a fancy way of saying that it is a practical service which allows us people to type in human understandable addresses into the search bar and then it will automatically turn them into machine legible addresses so the majority of you are probably acquainted with ip addresses and those are exactly how a computer at one end of the internet knows how to talk particularly to another computer system somewhere else and not simply shout it into the abyss that is the web when you enter google.com and you hit enter your computer sends a message to your internet service provider saying yo where’s google the internet service provider finds out and goes to where google is tells them that you are looking for them and then grabs a plan back to send out to you now the plan is then unpacked by your computer system to reveal you the totality of the google.com web page using complicated mathematics and software all of this

interaction occurs behind the scenes however to you it’s easy 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 puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and webs because it makes sense to us so that’s basically what a dns is a translator for humans to speak machine code next up let’s see how this works for crypto ens is basically the exact same thing that i simply mentioned other than 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 simply type that in and pay me 20 if you desire by the way if you do not have 20 and you wish to support the channel feel free to leave a like below it’s complimentary and it rewards all our effort on this video and the past hundred that we’ve been really hard at work producing however anyways if you’re not utilized to understanding crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d have to share

Existing 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 kind of blockchain based domain name you can move it to any place you desire whatever wallet you want with ease okay so now let’s jump into my laptop computer and enter into the guide area 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 connect the domain that you bought to your wallet and so on so you can actually comprehend how to effectively use unstoppable domain so let’s start welcome to my laptop computer let’s begin so this is unstoppable domains.com now to begin with this website is really simple you simply come here and after that you key in the domain name that you want right here and after that click on search now i want just want to discuss that they do have specific cost points for the number of characters are in the domain that you want to get so something over 8 characters will be 40 the smaller the domain name the more costly it’s going to be so for example if i was come here and i enter my last name 2 400 uh i think i’ll pass but anyways let me proceed and simply include this to haul for demonstration functions 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 truly like i like that it’s flexible 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 nevertheless payment entrance you want to use fine and that’s it and so when 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 claim your crypto domain address now the factor why you ‘d want to go through the process and really claim uh your domain addresses because one then you actually own it then two you can do whatever you want with it if you want to go offer 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 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’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 methods to declare your domain name the first method is that you have to purchase a claim with credits cost 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 costs look this the ethereum network you actually have to pay uh to move things on and off through gas charges number 2 is you can pay the gas fees 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 option that makes it easy to claim but anyways to get begun is extremely basic so we go here say if i want to declare this one make a website.crypto we’ll declare with ethereum right there claim procedure started so now we have to send the code by email so click that and so 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 ideal click copy paste there we go boom put that in alright terrific 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 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 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 start with metamask is simple meta mask there we go okay so we click on this link then we want to download it now click on that set up metamask for chrome alright and let’s go on and contribute to chrome include extension and there we go fine so now the metamask app is installed on our web browser so we just click begin we are new to metamask so here is where you have to establish a wallet a wallet is what you finish with your cryptocurrency Price Namecoin