How To Mine Namecoin 2022

discuss topics of the cryptocurrency world…How To Mine Namecoin. using analogies stories and examples so that you can quickly understand them in this video we are going to be discussing what unstoppable domains is how they might be much better than ens and what that implies for individuals getting into the complex crypto area before we actually get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at white boards crypto we like utilizing examples so that’s exactly what we’re going to be using to assist you comprehend dns so dns stands for domain service which is an elegant way of saying that it is a valuable service which enables us humans to key in human readable addresses into the search bar and after that it will automatically turn them into maker understandable addresses so the majority of you are most likely familiar with ip addresses and those are exactly how a computer system at one end of the web understands how to talk particularly to another computer system somewhere else and not simply yell it into the void that is the web when you type in google.com and you struck enter your computer system 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 looking for them and after that grabs a plan back to send to you now the package is then unpacked by your computer system to reveal you the whole of the google.com web page using complex math and software all of this

communication takes place behind the scenes but to you it’s basic and easy to use in fact if we had to enter 8.8.8.8 into the url bar instead of google.com a lot more people would be confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and webs because 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 pointed out other than it’s for ethereum ens means ethereum name service and practically lets me tell you that whiteboardcrypto.eth is my wallet address so you can simply type that in and pay me 20 if you want by the way if you do not have 20 and you want to support the channel feel free 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 actually hard at work producing however 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

Existing 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 wherever you want whatever wallet you desire with ease okay so now let’s jump into my laptop computer and enter into the tutorial area of the video where i wish to reveal you unstoppable domain how to get a domain how to set up a specific wallet so you can attach the domain name that you purchased to your wallet etc so you can truly comprehend how to effectively use unstoppable domain so let’s begin welcome to my laptop let’s begin so this is unstoppable domains.com now to begin with this website is very easy you simply come here and after that you enter the domain that you want right here and after that click on search now i want just wish to discuss that they do have particular price points for how many characters remain in the domain name that you want to get so something over 8 characters will be 40 the smaller sized the domain the more pricey it’s going to be so for instance if i was come here and i type in my surname 2 400 uh i think i’ll pass however anyways let me go ahead and just include this to cart for presentation purposes we’ll go to the carts and that’s it alright and

then you click here checkout which’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 gateway you wish to use alright and that’s it therefore as soon as you’re all set then you’ll have your my domain name 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 why you ‘d want to go through the process and in fact claim uh your domain addresses because 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 type of like nft marketplace you can proceed and do that all right so much like when you purchase any type of cryptocurrency from an exchange like uh coinbase for instance what it is is just an iou it’s an iou up until you actually 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 guess you understand this is you you have not 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 few ways to declare your domain the first way is that you have to purchase a claim with credits fee so that costs uh at this time 40 per domain name therefore that’s pays for the gas costs you’re like what are gas fees look this the ethereum network you in fact have to pay uh to move things on and off via gas charges number two is you can pay the gas costs directly 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 up until august so then they’ll have a scaling service that makes it easy to claim however anyways to get started is really easy so we go here state if i want to declare this one make a website.crypto we’ll claim with ethereum right there declare procedure began so now we have to send the code by email so click that therefore right over here we’ll jump 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 all right fantastic now you resemble 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 specifically for ethereum now there are a few different wallets that they recommend 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 utilize metamask so to start with metamask is easy meta mask there we go all right so we click here then we wish to download it now click that install metamask for chrome okay and let’s go ahead and add to chrome include extension and there we go all right so now the metamask app is set up on our internet browser so we simply click on begin we are new to metamask so here is where you have to establish a wallet a wallet is what you make with your cryptocurrency How To Mine Namecoin