Xmr And Namecoin 2022

discuss topics of the cryptocurrency world…Xmr And Namecoin. using examples stories and examples so that you can quickly 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 means for people getting into the complicated crypto space prior to we in fact get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we like using examples so that’s exactly what we’re going to be using to help you understand dns so dns stands for domain name service which is an expensive method of saying that it is a handy service which allows us humans to type in human readable addresses into the search bar and then it will immediately turn them into machine legible addresses so most of you are most likely knowledgeable about ip addresses and those are precisely how a computer at one end of the web knows how to talk particularly to another computer somewhere else and not just shriek it into the abyss that is the web when you type in google.com and you struck enter your computer sends out a message to your internet service provider stating yo where’s google the internet service provider learns and goes to where google is tells them that you are looking for them and then grabs a package back to send out to you now the plan is then unpacked by your computer to show you the entirety of the google.com web page using complicated mathematics and software application all of this

communication takes place behind the scenes but to you it’s simple and easy to use in fact if we had to key in 8.8.8.8 into the url bar instead of google.com a lot more people would be confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and webs due to the fact that it makes good 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 basically the exact same thing that i just discussed except it’s for ethereum ens stands for ethereum name service and basically 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 wish to support the channel feel free to leave a like listed below it’s totally free and it rewards all our effort on this video and the past hundred that we have actually been truly hard at work producing however anyways if you’re not utilized to comprehending crypto the option to sharing whiteboard crypto.eth with somebody is i ‘d need to share

Current domain name register to release domain or in order to move it over to this other domain register etc uh when you have a dot crypto dot zill any kind of blockchain based domain you can transfer it to wherever you want whatever wallet you desire with ease all right so now let’s jump into my laptop computer and enter the guide area of the video where i wish to show you unstoppable domain names how to get a domain how to establish a specific wallet so you can connect the domain name that you bought to your wallet etc so you can really comprehend how to correctly use unstoppable domain so let’s start welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get going with this site is really basic you simply come here and then you key in the domain name that you desire right here and after that click search now i desire simply wish to point out that they do have specific price points for the number of characters are in the domain name that you wish to get so something over 8 characters will be 40 the smaller the domain name the more pricey it’s going to be so for example if i was come here and i enter my surname 2 400 uh i believe i’ll pass however anyways let me go ahead and simply add this to cart for presentation purposes we’ll go to the carts which’s it all right 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 truly 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 purchase unstoppable coin then exchange it or whatever no you can pay with however payment gateway you want to use fine 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 you ‘d want to go through the process and in fact claim uh your domain addresses because one then you in fact own it then 2 you can do whatever you desire with it if you want to go offer it on some type of like nft marketplace you can proceed and do that alright so similar to when you buy any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is just an iou it’s an iou till you really 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 think you understand this is you you have not declared 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 declare your domain name the first way is that you need to acquire a claim with credits cost so that expenses uh at this time 40 per domain name and so that’s pays for the gas charges you resemble what are gas costs look this the ethereum network you in fact need to pay uh to move things on and off via gas charges second is you can pay the gas fees straight from your own wallet so if you already 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 option that makes it easy to claim however anyways to get started is really easy so we go here state if i wish to claim 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 e-mail so click that therefore right over here we’ll leap over here and wait on 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 simply highlight that best click copy paste there we go boom put that in okay terrific now you’re like whoa what do i do select 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 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 using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re simply going to use metamask so to start with metamask is easy meta mask there we go all right so we click on this link then we want to download it now click that install metamask for chrome fine and let’s go ahead and contribute to chrome add extension and there we go okay so now the metamask app is set up on our internet browser so we simply click begin we are brand-new to metamask so here is where you need to establish a wallet a wallet is what you do with your cryptocurrency Xmr And Namecoin