Namecoin 了 2022

describe subjects of the cryptocurrency world…Namecoin √§¬∫‚Ć. utilizing analogies 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 much better than ens and what that means for people entering the complicated crypto space before we really 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 love utilizing examples so that’s exactly what we’re going to be using to help you comprehend dns so dns means domain service which is an expensive way of saying that it is an useful service which enables us humans to type in human legible addresses into the search bar and then it will automatically turn them into device readable addresses so the majority of you are probably 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 somewhere else and not just yell it into the abyss that is the web when you enter google.com and you struck enter your computer 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 searching for them and then gets a package back to send to you now the plan is then unpacked by your computer to show you the whole of the google.com home page using complex mathematics and software application all of this

communication takes place behind the scenes however to you it’s basic 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 internet because it makes good sense to us so that’s essentially what a dns is a translator for humans to speak machine code next up let’s see how this works for crypto ens is essentially the same thing that i just discussed other than it’s for ethereum ens means ethereum name service and basically lets me inform you that whiteboardcrypto.eth is my wallet address so you can just 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 below it’s free and it rewards all our hard work on this video and the past hundred that we have actually been actually hard at work developing but anyways if you’re not used to understanding crypto the alternative to sharing white boards crypto.eth with someone is i ‘d have to share

Existing domain name register to launch domain name 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 name you can move it to any place you desire whatever wallet you desire with ease okay so now let’s jump into my laptop and get into the tutorial area of the video where i wish to reveal you unstoppable domain how to get a domain name how to establish a particular wallet so you can connect the domain name that you bought to your wallet etc so you can truly comprehend how to effectively 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 extremely simple you simply come here and after that you key in the domain name that you want right here and after that click on search now i want simply wish to point out that they do have specific cost points for how many characters are in the domain name that you want to get so something over 8 characters will be 40 the smaller sized the domain the more costly 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 on and just add this to cart for demonstration functions we’ll go to the carts which’s it all right 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 websites 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 want to use fine 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 claim your crypto domain address now the reason why you ‘d desire to go through the procedure and really claim uh your domain addresses due to the fact that one then you actually own it then two you can do whatever you desire with it if you desire to go offer it on some type of like nft market you can go ahead and do that all right so just like when you purchase 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 in fact move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you understand it’s like a hot wallet i think you understand this is you you have not claimed it yet so it’s an iou that you own this and so i just want to briefly reference at the time of this video that there are a couple of methods to claim your domain name the first method is that you have to purchase a claim with credits cost so that costs uh at this time 40 per domain name and so that’s pays for the gas charges you’re like what are gas charges look this the ethereum network you actually have to pay uh to move things on and off through gas costs number two is you can pay the gas costs directly 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 until august so then they’ll have a scaling option that makes it simple to claim however anyways to get begun is very easy so we go here say if i desire to declare this one make a website.crypto we’ll declare with ethereum right there declare procedure started so now we have to send the code by e-mail so click that and so right over here we’ll leap over here and wait for 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 fine terrific now you’re like whoa what do i do pick wallet for declaring 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 couple of different wallets that they suggest 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 get going with metamask is easy meta mask there we go fine so we click here then we want to download it now click that set up metamask for chrome alright and let’s proceed and add to chrome add extension and there we go all right so now the metamask app is installed on our internet browser so we just click get started we are new to metamask so here is where you need to establish a wallet a wallet is what you finish with your cryptocurrency Namecoin √§¬∫‚Ć