Vincent Durham Namecoin 2022

describe topics of the cryptocurrency world…Vincent Durham Namecoin. utilizing analogies stories and examples so that you can easily 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 actually get to comprehending the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at white boards crypto we enjoy using examples so that’s precisely what we’re going to be utilizing to assist you understand dns so dns stands for domain name service which is an elegant way of saying that it is a handy service which enables us human beings to key in human understandable addresses into the search bar and then it will immediately turn them into maker legible addresses so most of you are most likely acquainted with ip addresses and those are exactly how a computer at one end of the internet understands 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 struck 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 searching for them and after that gets a package back to send to you now the package is then unpacked by your computer to reveal you the totality of the google.com home page using complex mathematics and software application all of this

communication takes place behind the scenes but to you it’s easy 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 don’t speak in numbers or ip addresses we speak in dot coms dot orgs and webs since it makes sense to us so that’s essentially what a dns is a translator for human beings to speak machine code next up let’s see how this works for crypto ens is essentially the very same thing that i simply discussed except it’s for ethereum ens means ethereum name service and pretty much 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 don’t have 20 and you want to support the channel feel free to leave a like listed below it’s complimentary and it rewards all our hard work on this video and the past hundred that we have actually been actually hard at work producing but anyways if you’re not utilized to understanding crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d need to share

Present domain name register to release domain name or in order to move it over to this other domain name register etc uh when you have a dot crypto dot zill any type of blockchain based domain you can move it to anywhere you desire whatever wallet you desire with ease fine so now let’s delve into my laptop computer and enter into the tutorial section of the video where i wish to show you unstoppable domain names how to get a domain name how to set up a specific wallet so you can attach the domain name that you bought to your wallet etc so you can actually understand how to appropriately use unstoppable domain names so let’s get started welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get started with this site is really easy you simply come here and after that you key in the domain that you want right here and after that click search now i desire just wish to mention that they do have specific price 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 sized the domain name the more costly it’s going to be so for example if i was come here and i key in my surname 2 400 uh i believe i’ll pass however anyways let me go ahead and simply add this to cart for demonstration purposes we’ll go to the carts which’s it alright and

then you click on here checkout and that’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 websites where you need to pay in cryptocurrency or you need to buy unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you wish to utilize all right and that’s it therefore once you’re all set then you’ll have your my domain list in your account therefore we have right down there so i own my name dot crypto and make a site dot crypto and that’s it how to claim your crypto domain address now the reason why you ‘d wish 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 wish to go offer it on some type of like nft market you can proceed and do that okay so just like when you purchase any kind of cryptocurrency from an exchange like uh coinbase for example what it is is just an iou it’s an iou until you in fact move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you know it resembles a hot wallet i guess you understand 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 methods to claim your domain the first method is that you need to purchase a claim with credits charge so that costs uh at this time 40 per domain and so that’s pays for the gas fees you resemble what are gas costs look this the ethereum network you really have to pay uh to move things on and off via gas fees number two is you can pay the gas costs directly from your own wallet so if you currently 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 solution that makes it easy to claim but anyways to start is really basic so we go here say if i wish to claim this one make a website.crypto we’ll declare 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 await 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 just highlight that ideal click copy paste there we go boom put that in fine excellent now you’re like 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 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 utilize metamask so to get going with metamask is easy meta mask there we go okay so we click on this link then we wish to download it now click on that set up metamask for chrome all right and let’s proceed and contribute to chrome add extension and there we go all right so now the metamask app is installed on our browser so we just click on get going we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you finish with your cryptocurrency Vincent Durham Namecoin