Slushpoool Namecoin 2022

describe subjects of the cryptocurrency world…Slushpoool Namecoin. utilizing analogies stories and examples so that you can easily 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 implies for individuals entering 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 understand dns here at whiteboard crypto we love using examples so that’s exactly what we’re going to be utilizing to help you comprehend dns so dns means domain name service which is an expensive way of stating that it is a practical service which permits us people to key in human legible addresses into the search bar and after that it will automatically turn them into device legible addresses so the majority of you are probably familiar with ip addresses and those are precisely how a computer system at one end of the internet understands how to talk specifically to another computer system elsewhere and not just yell it into the void that is the web when you key in 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 finds out and goes to where google is tells them that you are looking for them and after that gets a package back to send to you now the plan is then unpacked by your computer to reveal you the totality of the google.com web page using complicated math and software all of this

communication takes place behind the scenes however to you it’s simple and easy to use in fact if we needed to enter 8.8.8.8 into the url bar instead of google.com a lot more individuals would be puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and internet due to the fact that 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 essentially the exact same thing that i simply discussed except it’s for ethereum ens represents ethereum name service and basically lets me inform you that whiteboardcrypto.eth is my wallet address so you can simply 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 listed below it’s free and it rewards all our effort on this video and the past hundred that we have actually been actually hard at work creating but anyways if you’re not used to comprehending crypto the alternative to sharing white boards crypto.eth with somebody is i ‘d have to share

Current domain register to release domain name or in order to move it over to this other domain name register and so on uh when you have a dot crypto dot zill any type of blockchain based domain name you can transfer it to any place you want whatever wallet you desire with ease all right so now let’s jump into my laptop and get into the tutorial area of the video where i want to reveal you unstoppable domain how to get a domain name how to set up a specific wallet so you can connect the domain that you bought to your wallet and so on so you can really understand how to correctly utilize unstoppable domain so let’s get going welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get going with this site is extremely 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 wish to discuss 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 the more costly it’s going to be so for instance if i was come here and i type in my surname 2 400 uh i believe i’ll pass but anyways let me proceed and simply add this to cart for demonstration functions we’ll go to the carts which’s it fine 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 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 however payment gateway you desire to use okay 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 declare your crypto domain address now the reason why you ‘d desire to go through the process and really claim uh your domain addresses due to the fact that one then you in fact own it then two 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 fine 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 have not claimed it yet so it’s an iou that you own this and so i simply want to briefly reference 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 charge so that expenses uh at this time 40 per domain name and so that’s pays for the gas costs you’re like what are gas fees look this the ethereum network you really have to pay uh to move things on and off through gas costs number two is you can pay the gas fees straight from your own wallet so if you currently have a wallet set up and you have ethereum in there you can pay with your own ethereum or you can just wait till august so then they’ll have a scaling service that makes it easy to claim but anyways to get started is really easy so we go here say if i desire to declare this one make a website.crypto we’ll claim with ethereum right there declare procedure started so now we have to send out the code by e-mail so click that and so right over here we’ll leap over here and wait for the code to hit 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 okay terrific now you’re like whoa what do i do select 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 couple of different wallets that they advise so for desktop there’s meta mask for mobile you can

use 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 begin with metamask is easy meta mask there we go fine so we click on this link then we wish 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 okay so now the metamask app is installed on our browser so we simply click start we are brand-new to metamask so here is where you need to set up a wallet a wallet is what you do with your cryptocurrency Slushpoool Namecoin