Namecoin Hardware Wallet 2022

explain topics of the cryptocurrency world…Namecoin Hardware Wallet. utilizing examples stories and examples so that you can quickly 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 individuals entering into the complex crypto space prior to we actually get to understanding the power of unstoppable domains the first thing we’ll need to do is understand dns here at whiteboard crypto we enjoy utilizing examples so that’s exactly what we’re going to be using to assist you understand dns so dns means domain name service which is an expensive method of stating that it is a handy service which allows us humans to type in human understandable addresses into the search bar and after that it will immediately turn them into machine understandable addresses so most of you are probably knowledgeable about ip addresses and those are precisely how a computer at one end of the web understands how to talk particularly to another computer system elsewhere and not simply shriek it into the void that is the web when you key 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 searching for them and then grabs a plan back to send out to you now the plan is then unpacked by your computer system to reveal you the totality of the google.com home page using complicated math and software all of this

communication takes place behind the scenes but to you it’s easy and user friendly in fact if we needed to enter 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 webs due to the fact that 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 mentioned except 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 merely 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 feel free to leave a like listed below it’s complimentary and it rewards all our hard work on this video and the past hundred that we’ve been actually hard at work producing however anyways if you’re not used 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 name or in order to move it over to this other domain register etc uh when you have a dot crypto dot zill any type of blockchain based domain you can move it to any place you want whatever wallet you desire with ease all right so now let’s jump into my laptop and get into the guide area 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 name that you bought to your wallet and so on so you can actually comprehend how to properly utilize unstoppable domain names so let’s begin welcome to my laptop let’s start so this is unstoppable domains.com now to get started with this site is very basic you simply come here and then you enter the domain that you desire right here and after that click on search now i desire just wish to mention that they do have particular 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 pricey it’s going to be so for example if i was come here and i key in my surname 2 400 uh i think i’ll pass however anyways let me go ahead and simply include this to haul for presentation purposes we’ll go to the carts and that’s it fine and

then you click here checkout which’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 versatile i like it’s that it’s not one of those weird crypto websites where you have to pay in cryptocurrency or you have to buy unstoppable coin then exchange it or whatever no you can pay with nevertheless payment entrance you want to utilize all right and that’s it therefore when 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 reason why you ‘d wish to go through the procedure and in fact claim uh your domain addresses since one then you really own it then two you can do whatever you want with it if you wish to go sell it on some kind of like nft marketplace you can go on and do that fine 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 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 understand this is you you have not claimed it yet so it’s an iou that you own this therefore i just wish to briefly reference at the time of this video that there are a few ways to declare your domain the first way is that you have to purchase a claim with credits charge so that costs uh at this time 40 per domain name therefore that’s spends for the gas fees you resemble what are gas costs look this the ethereum network you really have to pay uh to move things on and off via gas charges number two is you can pay the gas fees 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 just wait up until august so then they’ll have a scaling service that makes it easy to claim but anyways to start is very easy so we go here say if i wish to claim this one make a website.crypto we’ll declare with ethereum right there claim procedure began so now we have to send out 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 fine terrific now you resemble whoa what do i do choose 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 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 utilizing 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 that set up metamask for chrome fine and let’s proceed and add to chrome add extension and there we go fine so now the metamask app is installed on our web browser so we just click on start we are new to metamask so here is where you have to establish a wallet a wallet is what you do with your cryptocurrency Namecoin Hardware Wallet