Who Trades Namecoins 2022

discuss topics of the cryptocurrency world…Who Trades Namecoins. using analogies stories and examples so that you can easily understand them in this video we are going to be discussing what unstoppable domains is how they might be better than ens and what that means for people entering the complicated crypto space prior to we in fact 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 help you comprehend dns so dns stands for domain service which is an elegant method of stating that it is an useful service which allows us human beings to type in human understandable addresses into the search bar and after that it will immediately turn them into device readable addresses so the majority of you are probably acquainted with ip addresses and those are exactly how a computer at one end of the web understands how to talk particularly to another computer system somewhere else and not just shriek 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 stating yo where’s google the internet service provider finds out and goes to where google is tells them that you are trying to find them and after that grabs a package back to send out to you now the plan is then unpacked by your computer to show you the whole of the google.com home page utilizing complicated mathematics and software application all of this

communication happens behind the scenes however to you it’s basic and user friendly 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 do not speak in numbers or ip addresses we speak in dot coms dot orgs and nets since it makes 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 same thing that i simply discussed except it’s for ethereum ens represents ethereum name service and pretty much 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 below it’s totally free and it rewards all our effort on this video and the past hundred that we’ve been really hard at work creating but anyways if you’re not utilized to understanding crypto the option to sharing whiteboard crypto.eth with somebody is i ‘d have to share

Present domain register to launch 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 you can move it to wherever you desire whatever wallet you desire with ease okay so now let’s delve into my laptop and get into the guide section of the video where i want to show you unstoppable domain how to get a domain name how to establish a specific wallet so you can connect the domain that you bought to your wallet and so on so you can truly understand how to correctly utilize unstoppable domain so let’s begin welcome to my laptop computer let’s start so this is unstoppable domains.com now to begin with this site is very easy you simply come here and then you enter the domain name that you desire right here and then click search now i desire just want to mention that they do have specific rate points for how many characters are in the domain name that you wish to get so something over 8 characters will be 40 the smaller sized the domain the more expensive it’s going to be so for example if i was come here and i enter my last name 2 400 uh i think i’ll pass however anyways let me go ahead and just add this to cart for presentation purposes we’ll go to the carts which’s it fine 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 actually like i like that it’s flexible i like it’s that it’s not one of those strange crypto sites 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 entrance you wish to utilize 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 website dot crypto and that’s it how to declare your crypto domain address now the reason why you ‘d wish to go through the process and really declare uh your domain addresses since one then you actually own it then two you can do whatever you want with it if you want to go offer it on some kind of like nft marketplace you can go ahead and do that fine so just like when you buy any kind of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou up until you really 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 understand this is you you have not declared it yet so it’s an iou that you own this therefore i simply wish to briefly reference at the time of this video that there are a few ways to declare your domain name the very first way is that you need to buy a claim with credits charge so that costs uh at this time 40 per domain name therefore that’s spends for the gas costs you resemble what are gas costs look this the ethereum network you in fact have to pay uh to move things on and off via gas costs second is you can pay the gas charges 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 just wait until august so then they’ll have a scaling service that makes it easy to claim however anyways to start is very easy so we go here state if i want to claim this one make a website.crypto we’ll claim with ethereum right there claim procedure began so now we need to send the code by e-mail so click that therefore right over here we’ll jump over here and await 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 alright terrific now you’re like whoa what do i do pick wallet for claiming 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 different wallets that they advise 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 okay so we click on this link then we wish to download it now click on that install metamask for chrome fine and let’s go on and add to chrome add extension and there we go fine so now the metamask app is set up on our internet browser so we simply click start we are new to metamask so here is where you have to set up a wallet a wallet is what you do with your cryptocurrency Who Trades Namecoins