Reddit Namecoin 2022

describe subjects of the cryptocurrency world…Reddit Namecoin. using analogies 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 much better than ens and what that indicates for people getting into the complex crypto area prior to we in fact get to understanding the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at whiteboard crypto we love utilizing examples so that’s exactly what we’re going to be utilizing to assist you comprehend dns so dns represents domain service which is a fancy method of stating that it is a valuable service which permits us people to enter human legible addresses into the search bar and after that it will immediately turn them into machine readable addresses so most of you are probably familiar with ip addresses and those are exactly how a computer system at one end of the web understands how to talk specifically to another computer elsewhere and not simply shriek it into the void that is the web when you type in google.com and you struck enter your computer sends 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 searching for them and then gets a plan back to send out to you now the plan is then unpacked by your computer to reveal you the entirety of the google.com web page using complex math and software all of this

interaction occurs behind the scenes however to you it’s easy and user friendly in fact if we had to type in 8.8.8.8 into the url bar instead of google.com a lot more people would be puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and webs due to the fact that it makes good 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 essentially the very same thing that i just mentioned other than it’s for ethereum ens stands for ethereum name service and basically lets me tell you that whiteboardcrypto.eth is my wallet address so you can merely type that in and pay me 20 if you desire by the way if you don’t have 20 and you want to support the channel do not hesitate to leave a like listed below it’s free and it rewards all our hard work on this video and the past hundred that we have actually been really hard at work producing however anyways if you’re not utilized to understanding crypto the alternative to sharing white boards crypto.eth with somebody is i ‘d need to share

Present domain name register to release domain 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 wherever you want whatever wallet you desire with ease okay so now let’s jump into my laptop and enter the guide section of the video where i want to reveal you unstoppable domain how to get a domain how to set up a particular wallet so you can connect the domain name that you bought to your wallet etc so you can really understand how to appropriately use unstoppable domain names so let’s get started welcome to my laptop let’s start so this is unstoppable domains.com now to begin with this website is extremely easy you simply 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 point out that they do have particular cost 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 the domain the more expensive it’s going to be so for instance if i was come here and i key in my last name 2 400 uh i believe i’ll pass however anyways let me go ahead and just add this to haul for presentation functions we’ll go to the carts which’s it okay 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 strange 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 once 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 factor why you ‘d desire to go through the process and really declare uh your domain addresses because one then you in fact 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 purchase any type of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou up until you actually 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 know this is you you have not claimed it yet so it’s an iou that you own this and so i simply desire to briefly reference at the time of this video that there are a few ways to declare your domain name the very first method is that you have to purchase a claim with credits charge so that costs uh at this time 40 per domain name and so that’s pays for the gas fees you’re like what are gas fees look this the ethereum network you in fact have to pay uh to move things on and off through gas fees number two is you can pay the gas charges straight 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 just wait up until august so then they’ll have a scaling service that makes it simple to claim but anyways to get begun is very simple so we go here say if i desire to claim this one make a website.crypto we’ll claim with ethereum right there declare process started so now we have to send the code by email 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 fine fantastic 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 various 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 easy meta mask there we go all right so we click on this link then we want to download it now click that install metamask for chrome alright and let’s go ahead and add to chrome add extension and there we go all right so now the metamask app is installed on our web 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 Reddit Namecoin