26.88 Namecoin 2022

explain topics of the cryptocurrency world…26.88 Namecoin. using examples 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 better than ens and what that means for individuals entering the complex crypto space before we actually get to understanding the power of unstoppable domains the first thing we’ll need to do is understand dns here at whiteboard crypto we enjoy utilizing examples so that’s exactly what we’re going to be utilizing to help you understand dns so dns means domain name service which is an expensive way of stating that it is a helpful service which enables us humans to enter human legible addresses into the search bar and after that it will immediately turn them into machine legible addresses so most of you are most likely familiar with ip addresses and those are exactly how a computer system at one end of the internet knows how to talk particularly to another computer somewhere else and not simply scream it into the void that is the web when you enter google.com and you hit enter your computer system sends out 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 trying to find them and after that gets a plan back to send out to you now the package is then unpacked by your computer system to show you the totality of the google.com web page using complex mathematics and software all of this

communication occurs behind the scenes however to you it’s easy and easy to use in fact if we needed to key in 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 human beings to speak machine code next up let’s see how this works for crypto ens is basically the 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 want to support the channel do not hesitate to leave a like 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 creating however anyways if you’re not utilized to understanding crypto the alternative to sharing white boards crypto.eth with somebody is i ‘d need to share

Current 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 name 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 want to reveal you unstoppable domain names how to get a domain name how to set up a particular wallet so you can attach the domain that you purchased to your wallet and so on so you can actually understand how to correctly use unstoppable domain names so let’s start welcome to my laptop computer let’s begin so this is unstoppable domains.com now to start with this website is extremely basic you simply come here and then you key in the domain that you want right here and then click search now i want simply wish to point out that they do have particular 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 costly it’s going to be so for example if i was come here and i type in my last name 2 400 uh i think i’ll pass but anyways let me proceed and simply include this to haul for presentation purposes 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 actually like i like that it’s flexible i like it’s that it’s not one of those odd 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 desire 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 claim your crypto domain address now the factor why you ‘d want to go through the process and really claim uh your domain addresses because one then you in fact own it then 2 you can do whatever you want with it if you desire to go sell it on some type of like nft market you can go ahead and do that fine so just like when you buy 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 same so this is on there this is you know it’s like a hot wallet i think you know this is you you haven’t declared it yet so it’s an iou that you own this and so i simply desire to briefly reference at the time of this video that there are a few ways to claim your domain name the very first way is that you have to buy 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 charges look this the ethereum network you actually have to pay uh to move things on and off via gas costs number two is you can pay the gas charges straight from your own wallet so if you already have a wallet set up and you have ethereum in there you can pay with your own ethereum or you can just wait up until august so then they’ll have a scaling solution that makes it simple to claim but anyways to get begun is extremely simple so we go here say if i want to claim this one make a website.crypto we’ll declare with ethereum right there claim procedure began 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 just highlight that best click copy paste there we go boom put that in alright fantastic 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 specifically for ethereum now there are a few 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 just going to utilize metamask so to start with metamask is easy meta mask there we go okay so we click on this link then we want to download it now click on that install metamask for chrome alright and let’s proceed and contribute to chrome add extension and there we go okay so now the metamask app is installed on our web browser so we simply click on get started we are new to metamask so here is where you need to set up a wallet a wallet is what you do with your cryptocurrency 26.88 Namecoin