Namecoin Value 2022

explain subjects of the cryptocurrency world…Namecoin Value. utilizing analogies stories and examples so that you can easily comprehend them in this video we are going to be discussing what unstoppable domains is how they might be better than ens and what that indicates for individuals getting into the complicated crypto space prior to we really 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 like utilizing examples so that’s exactly what we’re going to be utilizing to help you understand dns so dns stands for domain service which is a fancy way of saying that it is a practical service which permits us human beings to type in human readable addresses into the search bar and then it will automatically turn them into maker legible addresses so the majority of you are probably familiar with ip addresses and those are exactly how a computer at one end of the internet understands how to talk particularly to another computer elsewhere and not just scream it into the void that is the web when you key in google.com and you hit enter your computer system sends out a message to your internet service provider stating 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 package is then unpacked by your computer to show you the totality of the google.com home page utilizing complicated math and software application all of this

communication happens behind the scenes but to you it’s easy and easy to use in fact if we had to type in 8.8.8.8 into the url bar instead of google.com a lot more people would be puzzled 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 basically what a dns is a translator for people 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 other than it’s for ethereum ens means ethereum name service and pretty much lets me tell 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 wish to support the channel do not hesitate to leave a like listed below it’s free and it rewards all our hard work on this video and the past hundred that we’ve been truly hard at work creating however anyways if you’re not utilized to comprehending crypto the option to sharing whiteboard crypto.eth with someone 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 register and so on uh when you have a dot crypto dot zill any kind of blockchain based domain you can transfer it to wherever you desire whatever wallet you desire with ease alright so now let’s delve into my laptop and enter into the guide area of the video where i wish to show you unstoppable domain names how to get a domain how to establish a particular wallet so you can connect the domain that you bought to your wallet and so on so you can truly comprehend how to appropriately use unstoppable domain so let’s get going welcome to my laptop computer let’s begin so this is unstoppable domains.com now to start with this site is really easy you just come here and then you enter the domain name that you desire right here and after that click search now i want simply want to mention that they do have specific price points for how many characters remain in the domain name that you want to get so something over 8 characters will be 40 the smaller the domain 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 proceed and just add this to haul for presentation functions we’ll go to the carts and that’s it all right 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 really like i like that it’s flexible i like it’s that it’s not one of those odd crypto sites 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 desire to use fine and that’s it and so as soon as 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 website dot crypto and that’s it how to claim your crypto domain address now the reason why you ‘d desire to go through the procedure and actually declare uh your domain addresses because one then you in fact own it then 2 you can do whatever you want with it if you desire to go sell it on some type of like nft marketplace you can go ahead and do that okay so simply like when you purchase any type of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou until you really move the cryptocurrency from coinbase to your own wallet this is the very same so this is on there this is you understand it’s like a hot wallet i guess you understand this is you you haven’t claimed it yet so it’s an iou that you own this and so i simply want to briefly reference at the time of this video that there are a couple of ways to declare your domain name the first method is that you have to buy a claim with credits fee so that expenses uh at this time 40 per domain name and so that’s pays for the gas charges you’re like what are gas costs look this the ethereum network you actually have to pay uh to move things on and off by means of 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 up until august so then they’ll have a scaling service that makes it simple to claim however anyways to get started is extremely easy so we go here state if i desire to declare this one make a website.crypto we’ll claim with ethereum right there declare procedure started so now we have to send out the code by e-mail so click that and so right over here we’ll leap over here and wait for 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 particularly for ethereum now there are a few different wallets that they suggest 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 utilize metamask so to begin with metamask is simple meta mask there we go fine so we click here then we want to download it now click on that set up metamask for chrome all right and let’s proceed and contribute to chrome include extension and there we go okay so now the metamask app is set up on our web browser so we just click on get going we are new to metamask so here is where you have to establish a wallet a wallet is what you finish with your cryptocurrency Namecoin Value