Btc.Com Namecoin 2022

describe topics of the cryptocurrency world…Btc.Com Namecoin. utilizing 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 getting into the complicated crypto space 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 using examples so that’s exactly what we’re going to be using to assist you understand dns so dns means domain name service which is an expensive method of stating that it is a practical service which permits us humans to key in human understandable addresses into the search bar and then it will instantly turn them into device legible addresses so most of you are probably familiar with ip addresses and those are exactly how a computer at one end of the web understands how to talk specifically to another computer elsewhere and not simply shout 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 stating 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 plan is then unpacked by your computer system to reveal you the totality of the google.com web page utilizing complicated math and software all of this

interaction happens behind the scenes but to you it’s easy and user friendly in fact if we needed to type in 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 webs since it makes sense to us so that’s basically what a dns is a translator for humans to speak machine code next up let’s see how this works for crypto ens is basically the same thing that i simply mentioned except it’s for ethereum ens means ethereum name service and basically 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 wish to support the channel do not hesitate 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 alternative to sharing whiteboard crypto.eth with somebody is i ‘d have to share

Existing domain 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 anywhere you want whatever wallet you want with ease okay so now let’s delve into my laptop and get into the guide area of the video where i want to reveal you unstoppable domain how to get a domain how to set up a particular wallet so you can connect the domain that you purchased to your wallet and so on so you can truly comprehend how to correctly utilize unstoppable domain names so let’s get going welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get going with this website is very simple you simply come here and after that you enter the domain name that you want right here and then click search now i desire simply want to discuss that they do have particular price points for the number of characters remain in the domain that you wish 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 believe i’ll pass but anyways let me go ahead and simply include this to cart for demonstration purposes we’ll go to the carts and that’s it all right and

then you click 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 versatile i like it’s that it’s not one of those unusual 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 nevertheless payment entrance you want to utilize okay 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 you ‘d wish to go through the procedure and really declare uh your domain addresses due to the fact that one then you in fact 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 proceed and do that fine so just like when you purchase any type of cryptocurrency from an exchange like uh coinbase for example what it is is just 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 know this is you you haven’t declared it yet so it’s an iou that you own this and so i simply wish to briefly reference at the time of this video that there are a couple of methods to claim your domain the very first method is that you need to buy a claim with credits fee so that expenses uh at this time 40 per domain name and so that’s spends for the gas fees you resemble what are gas fees look this the ethereum network you actually have to pay uh to move things on and off through gas fees number two is you can pay the gas charges 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 just wait till august so then they’ll have a scaling service that makes it easy to claim but anyways to begin is really easy so we go here say if i wish to declare this one make a website.crypto we’ll claim with ethereum right there declare procedure began so now we have to send out the code by email 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 best click copy paste there we go boom put that in all right excellent now you’re like whoa what do i do select wallet for declaring 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 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 using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re just going to use metamask so to get start with metamask is simple meta mask there we go all right so we click on this link then we want to download it now click on that install metamask for chrome alright and let’s go ahead and add to chrome include extension and there we go alright so now the metamask app is set up on our web browser so we simply click on start we are new to metamask so here is where you need to set up a wallet a wallet is what you make with your cryptocurrency Btc.Com Namecoin