Namecoin Cryptocurrency 2022

discuss topics of the cryptocurrency world…Namecoin Cryptocurrency. utilizing analogies stories and examples so that you can easily understand them in this video we are going to be discussing what unstoppable domains is how they might be better than ens and what that means for individuals getting into the complex crypto space before we actually get to understanding the power of unstoppable domains the first thing we’ll need to do is understand dns here at white boards crypto we enjoy using examples so that’s precisely what we’re going to be utilizing to assist you understand dns so dns means domain service which is a fancy way of stating that it is an useful service which allows us humans to enter human understandable addresses into the search bar and after that it will instantly turn them into machine understandable addresses so most of you are probably familiar with ip addresses and those are exactly how a computer system at one end of the internet knows how to talk specifically to another computer elsewhere and not just shout it into the abyss 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 saying yo where’s google the internet service provider learns and goes to where google is tells them that you are looking for them and after that grabs a bundle back to send out to you now the plan is then unpacked by your computer system to reveal you the whole of the google.com web page using complicated math and software all of this

interaction occurs behind the scenes however to you it’s easy and user friendly in fact if we had to enter 8.8.8.8 into the url bar instead of google.com a lot more individuals 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 good sense to us so that’s essentially what a dns is a translator for human beings to speak machine code next up let’s see how this works for crypto ens is basically the exact same thing that i simply pointed out 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 simply 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 listed below it’s complimentary and it rewards all our effort on this video and the past hundred that we’ve been actually hard at work producing but anyways if you’re not utilized to understanding crypto the option 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 etc uh when you have a dot crypto dot zill any type of blockchain based domain you can move it to wherever you desire whatever wallet you want with ease all right so now let’s jump into my laptop and get into the tutorial section of the video where i wish to show you unstoppable domain how to get a domain name how to set up a particular wallet so you can attach the domain that you purchased to your wallet and so on so you can truly comprehend how to appropriately utilize unstoppable domain names so let’s start welcome to my laptop computer let’s start so this is unstoppable domains.com now to get started with this site is really basic you just come here and then you key in the domain name that you want right here and after that click search now i desire just wish to discuss that they do have particular rate points for the number of 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 enter my surname 2 400 uh i believe i’ll pass but anyways let me go ahead and just add this to haul for demonstration purposes 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 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 however payment gateway you wish to utilize all right and that’s it therefore once 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 site dot crypto which’s it how to claim your crypto domain address now the reason that you ‘d wish to go through the procedure and actually declare uh your domain addresses since one then you really own it then two you can do whatever you desire with it if you want to go sell it on some kind of like nft market you can proceed and do that okay so similar to 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 until you really 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 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 few ways to claim your domain name the first method is that you need to acquire a claim with credits fee so that expenses uh at this time 40 per domain and so that’s spends for the gas charges you’re like what are gas costs look this the ethereum network you really have to pay uh to move things on and off via gas costs number two is you can pay the gas costs 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 simply wait until august so then they’ll have a scaling option that makes it simple to claim however anyways to get started is really simple so we go here say if i wish to declare this one make a website.crypto we’ll claim with ethereum right there claim procedure began so now we need to send the code by email so click that and so right over here we’ll jump 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 just highlight that ideal click copy paste there we go boom put that in alright 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 specifically for ethereum now there are a few different wallets that they advise 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 utilizing desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re simply going to use metamask so to get going with metamask is simple meta mask there we go okay so we click on this link then we want to download it now click that install metamask for chrome fine and let’s proceed and contribute to chrome add extension and there we go okay so now the metamask app is set up on our internet browser so we just click get started we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you make with your cryptocurrency Namecoin Cryptocurrency