Should You Invest In Namecoin 2022

discuss topics of the cryptocurrency world…Should You Invest In Namecoin. using analogies stories and examples so that you can quickly comprehend them in this video we are going to be discussing what unstoppable domains is how they might be much better than ens and what that suggests for people entering the complicated crypto area prior to we actually get to understanding the power of unstoppable domains the first thing we’ll require to do is understand dns here at white boards crypto we enjoy utilizing examples so that’s exactly what we’re going to be using to assist you understand dns so dns means domain name service which is an elegant way of saying that it is a handy service which permits us human beings to type in human legible addresses into the search bar and then it will immediately turn them into machine understandable addresses so the majority of you are probably familiar with ip addresses and those are exactly how a computer system at one end of the web knows how to talk specifically to another computer system elsewhere and not just scream it into the abyss that is the web when you key in google.com and you hit enter your computer system sends out a message to your internet service provider saying yo where’s google the internet service provider learns and goes to where google is tells them that you are searching for them and after that gets a plan back to send to you now the package is then unpacked by your computer to reveal you the whole of the google.com web page utilizing complex math and software all of this

communication happens behind the scenes but to you it’s simple and easy to use 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 do not speak in numbers or ip addresses we speak in dot coms dot orgs and webs because 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 just 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 desire by the way if you don’t have 20 and you want to support the channel do not hesitate to leave a like below it’s complimentary and it rewards all our effort on this video and the past hundred that we have actually been actually hard at work creating however anyways if you’re not utilized to understanding crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d need to share

Existing domain register to launch domain or in order to move it over to this other domain register and so on uh when you have a dot crypto dot zill any type of blockchain based domain name you can move it to any place you desire whatever wallet you desire with ease all right so now let’s delve into my laptop and enter the tutorial section of the video where i wish to show you unstoppable domain how to get a domain name how to set up a specific wallet so you can attach the domain that you bought to your wallet and so on so you can really understand how to properly utilize unstoppable domain names so let’s start welcome to my laptop let’s start so this is unstoppable domains.com now to start with this website is really basic you just come here and after that you type in the domain name that you desire right here and then click search now i want simply want to mention that they do have particular price 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 the more expensive it’s going to be so for instance if i was come here and i type in my last name 2 400 uh i believe i’ll pass but anyways let me go on and just include this to cart for demonstration purposes we’ll go to the carts and that’s it fine and

then you click here checkout which’s it therefore you can pay with a charge card paypal crypto or you can pay with the crypto.com app and i really like i like that it’s flexible i like it’s that it’s not one of those unusual crypto sites where you need to pay in cryptocurrency or you need to buy unstoppable coin then exchange it or whatever no you can pay with however payment entrance you want to use okay which’s it therefore 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 which’s it how to declare your crypto domain address now the reason why you ‘d want to go through the process and really declare uh your domain addresses due to the fact that one then you really own it then 2 you can do whatever you desire with it if you wish to go offer it on some type of like nft market you can go on and do that okay so similar to when you purchase any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is just an iou it’s an iou up until 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 resembles a hot wallet i think you know this is you you haven’t claimed it yet so it’s an iou that you own this therefore i simply want to briefly mention at the time of this video that there are a few ways to claim your domain name the first method is that you need to purchase a claim with credits fee so that costs uh at this time 40 per domain name therefore that’s pays for the gas costs you resemble what are gas fees look this the ethereum network you really need to pay uh to move things on and off through gas charges number two 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 just wait until august so then they’ll have a scaling service that makes it easy to claim but anyways to start is very simple 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 need to send out 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 right click copy paste there we go boom put that in alright great now you resemble whoa what do i do choose wallet for declaring so unstoppable domains has their own app we have a web 3 wallet coinbase wall all mu wall is particularly 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 begin with metamask is simple meta mask there we go fine so we click here then we want to download it now click on that install metamask for chrome all right and let’s proceed and contribute to chrome include extension and there we go fine so now the metamask app is installed on our browser so we just click on begin we are new to metamask so here is where you have to establish a wallet a wallet is what you make with your cryptocurrency Should You Invest In Namecoin