Namecoin Acution 2022

discuss topics of the cryptocurrency world…Namecoin Acution. using analogies stories and examples so that you can quickly comprehend them in this video we are going to be explaining what unstoppable domains is how they might be better than ens and what that implies for individuals entering into the complicated crypto area before we really get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard 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 name service which is a fancy method of stating that it is a handy service which enables us human beings to enter human understandable addresses into the search bar and after that it will immediately turn them into maker readable addresses so the majority of you are probably acquainted with ip addresses and those are exactly how a computer at one end of the web understands how to talk specifically to another computer system somewhere else and not just shout 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 finds out and goes to where google is tells them that you are searching for them and then gets a bundle back to send to you now the bundle is then unpacked by your computer system to show you the totality of the google.com home page using complex mathematics and software application all of this

interaction takes place behind the scenes however to you it’s basic and easy to use in fact if we had to key in 8.8.8.8 into the url bar instead of google.com a lot more individuals would be puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and nets 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 very same thing that i simply 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 just type that in and pay me 20 if you desire by the way if you do not have 20 and you want to support the channel do not hesitate to leave a like below it’s free and it rewards all our hard work on this video and the past hundred that we’ve been really hard at work producing however anyways if you’re not utilized to understanding crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d have to share

Current domain name register to launch 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 type of blockchain based domain you can transfer it to wherever you want whatever wallet you want with ease alright so now let’s delve into my laptop and enter the tutorial section of the video where i wish to show you unstoppable domain names how to get a domain how to set up a particular wallet so you can attach the domain name that you purchased to your wallet etc so you can truly understand how to properly use unstoppable domain so let’s start welcome to my laptop let’s start so this is unstoppable domains.com now to start with this site is very easy you just come here and then you enter the domain name that you want right here and after that click search now i desire simply wish to discuss that they do have particular cost points for how many characters remain in the domain that you want to get so something over 8 characters will be 40 the smaller the domain the more pricey 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 however anyways let me go on and simply add this to cart for demonstration functions we’ll go to the carts and that’s it all right and

then 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 truly like i like that it’s flexible i like it’s that it’s not one of those odd crypto sites where you need to pay in cryptocurrency or you need to purchase unstoppable coin then exchange it or whatever no you can pay with however payment entrance you want to utilize fine 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 that you ‘d want to go through the procedure and really claim uh your domain addresses since one then you actually own it then two you can do whatever you want with it if you wish to go offer it on some type of like nft marketplace you can go on and do that okay so just like when you purchase any kind 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 same so this is on there this is you understand 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 therefore i simply wish to briefly mention at the time of this video that there are a couple of ways to claim your domain the very first method is that you need to acquire a claim with credits fee so that costs uh at this time 40 per domain name and so that’s spends for the gas charges you resemble what are gas fees look this the ethereum network you in fact need to pay uh to move things on and off by means of gas charges second is you can pay the gas charges directly from your own wallet so if you currently have a wallet established and you have ethereum in there you can pay with your own ethereum or you can simply wait until august so then they’ll have a scaling option that makes it simple to claim but anyways to get going is very basic so we go here state if i wish to declare this one make a website.crypto we’ll claim with ethereum right there claim process began so now we have to send the code by e-mail so click that therefore 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 simply highlight that ideal click copy paste there we go boom put that in alright terrific 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 few various 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 begin with metamask is easy meta mask there we go okay so we click here then we wish to download it now click that install metamask for chrome all right and let’s proceed and contribute to chrome include extension and there we go fine so now the metamask app is set up on our web browser so we simply click on get going 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 Acution