Namecoin Block Reward 2022

describe subjects of the cryptocurrency world…Namecoin Block Reward. using examples 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 means for people entering into the complicated crypto space prior to we in fact get to comprehending the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at white boards crypto we enjoy utilizing examples so that’s precisely what we’re going to be using to help you understand dns so dns stands for domain name service which is a fancy way of saying that it is a helpful service which allows us people to type in human legible addresses into the search bar and then it will automatically turn them into device understandable addresses so the majority of you are most likely knowledgeable about ip addresses and those are exactly how a computer system at one end of the web knows how to talk specifically to another computer system somewhere else and not simply shriek it into the void that is the web when you enter google.com and you struck enter your computer system 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 trying to find them and after that grabs a package back to send out to you now the package is then unpacked by your computer system to reveal you the whole of the google.com home page utilizing complicated math and software application all of this

communication occurs behind the scenes but to you it’s basic and user friendly in fact if we had to key in 8.8.8.8 into the url bar instead of google.com a lot more people 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 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 exact same thing that i simply discussed other than it’s for ethereum ens stands for ethereum name service and practically lets me inform you that whiteboardcrypto.eth is my wallet address so you can merely type that in and pay me 20 if you want by the way if you don’t have 20 and you want to support the channel do not hesitate to leave a like below it’s totally free and it rewards all our hard work on this video and the past hundred that we have actually been truly hard at work producing but anyways if you’re not utilized to comprehending crypto the alternative to sharing white boards crypto.eth with somebody is i ‘d need to share

Current domain name register to launch domain or in order to move it over to this other domain register and so on uh when you have a dot crypto dot zill any type of blockchain based domain name you can transfer it to wherever you desire whatever wallet you want with ease fine so now let’s delve into my laptop and get into the guide area of the video where i want to show you unstoppable domain how to get a domain name how to establish a specific wallet so you can connect the domain name that you purchased to your wallet etc so you can truly understand how to appropriately use unstoppable domain so let’s begin welcome to my laptop let’s start so this is unstoppable domains.com now to get going with this website is very simple you just come here and then you type in the domain that you want right here and after that click search now i desire simply wish to mention that they do have specific rate 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 costly it’s going to be so for example if i was come here and i type in my surname 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 alright and

then you click here checkout which’s it and so you can pay with a charge 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 need to pay in cryptocurrency or you need to buy unstoppable coin then exchange it or whatever no you can pay with however payment gateway you wish to utilize okay which’s it and so as soon as 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 website dot crypto which’s it how to declare your crypto domain address now the reason you ‘d want to go through the procedure and actually claim uh your domain addresses due to the fact that one then you really own it then 2 you can do whatever you want with it if you want to go offer it on some type of like nft marketplace you can go on 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 simply an iou it’s an iou till you actually move the cryptocurrency from coinbase to your own wallet this is the 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 methods to declare your domain name the very first method is that you have to acquire a claim with credits cost so that costs uh at this time 40 per domain name and so that’s spends for the gas costs you resemble what are gas charges look this the ethereum network you actually need to pay uh to move things on and off via gas charges second 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 up until august so then they’ll have a scaling solution that makes it easy to claim but anyways to begin is really easy so we go here state if i wish to declare this one make a website.crypto we’ll declare with ethereum right there declare procedure started so now we need to send the code by email so click that and so right over here we’ll leap 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 just highlight that best click copy paste there we go boom put that in okay fantastic now you’re like whoa what do i do pick 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

utilize 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 start with metamask is simple meta mask there we go alright so we click on this link then we wish to download it now click that install metamask for chrome all right and let’s proceed and add to chrome add extension and there we go okay so now the metamask app is set up on our web browser so we just click on get started we are brand-new to metamask so here is where you have to set up a wallet a wallet is what you finish with your cryptocurrency Namecoin Block Reward