What Are Namecoins 2022

explain topics of the cryptocurrency world…What Are Namecoins. using analogies stories and examples so that you can quickly comprehend them in this video we are going to be explaining what unstoppable domains is how they might be better than ens and what that suggests for people entering into the complicated crypto area before we actually 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 understand dns so dns stands for domain service which is an elegant method of stating that it is a helpful service which enables us people to type in human understandable addresses into the search bar and then it will instantly turn them into device readable addresses so the majority of you are most likely knowledgeable about ip addresses and those are precisely how a computer at one end of the internet understands how to talk specifically to another computer somewhere else and not just shout it into the abyss that is the web when you key in 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 learns and goes to where google is tells them that you are searching for them and after that grabs a plan back to send to you now the plan is then unpacked by your computer system to show you the totality of the google.com web page utilizing complex math and software all of this

interaction occurs 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 people would be puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and nets because it makes good sense to us so that’s essentially what a dns is a translator for people to speak machine code next up let’s see how this works for crypto ens is essentially the very same thing that i just discussed except it’s for ethereum ens represents ethereum name service and practically lets me tell you that whiteboardcrypto.eth is my wallet address so you can just type that in and pay me 20 if you want 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’ve been really hard at work producing but anyways if you’re not used to comprehending crypto the option to sharing white boards crypto.eth with someone is i ‘d need to share

Current domain register to launch domain 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 move it to any place you desire whatever wallet you want with ease all right so now let’s jump into my laptop and enter the tutorial area of the video where i wish to show you unstoppable domain how to get a domain how to establish a particular wallet so you can connect the domain that you bought to your wallet etc so you can really comprehend how to effectively use unstoppable domain so let’s get started welcome to my laptop let’s begin so this is unstoppable domains.com now to get going with this website is extremely basic you simply come here and then you type in the domain name that you desire right here and after that click on search now i desire just wish to mention that they do have specific 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 name the more expensive it’s going to be so for instance if i was come here and i enter my surname 2 400 uh i think i’ll pass but anyways let me go ahead and just include this to haul for demonstration functions we’ll go to the carts and that’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 actually like i like that it’s flexible 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 however payment entrance you want to use all right 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 site dot crypto and that’s it how to claim your crypto domain address now the reason why you ‘d desire to go through the process and really declare uh your domain addresses due to the fact that one then you actually own it then 2 you can do whatever you want with it if you want to go sell it on some type of like nft market you can go ahead and do that okay so just 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 until you actually move the cryptocurrency from coinbase to your own wallet this is the exact same so this is on there this is you understand it’s like a hot wallet i guess 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 couple of ways to declare your domain name the very first way is that you have to buy a claim with credits fee 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 by means of gas charges number two is you can pay the gas costs 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 simply wait till august so then they’ll have a scaling solution that makes it easy to claim however anyways to get begun is extremely basic so we go here state if i desire to claim this one make a website.crypto we’ll declare with ethereum right there claim process 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 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 best click copy paste there we go boom put that in all right great 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 just going to utilize metamask so to get going with metamask is simple meta mask there we go all right so we click here then we wish to download it now click on that install metamask for chrome all right and let’s go on and add to chrome add extension and there we go okay so now the metamask app is set up on our browser so we just click on get going we are new to metamask so here is where you need to establish a wallet a wallet is what you do with your cryptocurrency What Are Namecoins