Namecoin 2019 2022

discuss topics of the cryptocurrency world…Namecoin 2019. using 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 better than ens and what that indicates for people entering the complex crypto area before we actually get to understanding 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 utilizing to assist you understand dns so dns represents domain service which is an elegant method of stating that it is a handy service which enables us people to enter human readable addresses into the search bar and then it will instantly turn them into machine legible addresses so the majority of you are most likely acquainted with ip addresses and those are precisely how a computer at one end of the web knows how to talk specifically to another computer elsewhere and not just shriek it into the abyss that is the web when you enter google.com and you hit enter your computer system sends 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 then gets a plan back to send out to you now the package is then unpacked by your computer to show you the totality of the google.com web page utilizing complex mathematics and software all of this

interaction occurs behind the scenes however to you it’s easy and user friendly 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 confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and nets due to the fact that 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 basically the very same thing that i simply mentioned except it’s for ethereum ens stands for ethereum name service and pretty much 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 feel free to leave a like listed below it’s free and it rewards all our effort on this video and the past hundred that we’ve been truly hard at work creating but anyways if you’re not utilized to comprehending crypto the alternative to sharing white boards crypto.eth with someone is i ‘d have to share

Existing domain name register to release domain name 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 kind of blockchain based domain you can move it to wherever you want whatever wallet you want with ease alright so now let’s jump into my laptop and enter the guide section of the video where i want to reveal you unstoppable domain names how to get a domain how to establish a specific wallet so you can connect the domain that you bought to your wallet etc so you can truly comprehend how to effectively utilize unstoppable domain so let’s start 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 key in the domain name that you desire right here and after that click search now i desire simply want to mention that they do have specific rate points for the number of characters are in the domain 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 instance if i was come here and i enter my surname 2 400 uh i think i’ll pass but anyways let me proceed and simply add this to cart for demonstration purposes we’ll go to the carts which’s it alright 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 versatile i like it’s that it’s not one of those unusual 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 site dot crypto and that’s it how to declare your crypto domain address now the factor why you ‘d desire to go through the procedure and in fact claim uh your domain addresses since one then you in fact own it then 2 you can do whatever you desire with it if you desire to go sell it on some type of like nft market you can go ahead and do that okay so just like when you buy any type of cryptocurrency from an exchange like uh coinbase for example what it is is just an iou it’s an iou till you in fact move the cryptocurrency from coinbase to your own wallet this is the very same so this is on there this is you know it’s like a hot wallet i think you know 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 few ways to declare your domain name the first way is that you have to acquire 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 fees look this the ethereum network you actually have to pay uh to move things on and off through gas fees number 2 is you can pay the gas charges directly from your own wallet so if you currently have a wallet set up 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 simple to claim however anyways to get started is extremely basic so we go here say if i want to claim this one make a website.crypto we’ll declare with ethereum right there claim process started so now we have to send out the code by e-mail so click that and so right over here we’ll jump 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 simply highlight that ideal click copy paste there we go boom put that in all right great 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 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 simply going to utilize metamask so to get start with metamask is simple meta mask there we go fine so we click on this link then we wish to download it now click on that set up metamask for chrome okay and let’s proceed and add to chrome add extension and there we go all right so now the metamask app is set up on our browser so we just click begin we are brand-new to metamask so here is where you have to set up a wallet a wallet is what you do with your cryptocurrency Namecoin 2019