Namecoin Wallet For Mining On Osx 2022

discuss topics of the cryptocurrency world…Namecoin Wallet For Mining On Osx. using 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 much better than ens and what that suggests for people entering into the complex crypto space prior to we in fact get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we enjoy utilizing examples so that’s exactly what we’re going to be utilizing to assist you comprehend dns so dns means domain service which is an elegant method of stating that it is an useful service which allows us human beings to enter human understandable addresses into the search bar and after that it will instantly turn them into device legible addresses so most of you are probably knowledgeable about ip addresses and those are precisely how a computer at one end of the web knows how to talk specifically to another computer system somewhere else and not just scream it into the void that is the web when you enter google.com and you hit enter your computer system sends a message to your internet service provider stating 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 after that gets 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 mathematics and software application all of this

interaction occurs behind the scenes however to you it’s basic and easy to use in fact if we needed to type in 8.8.8.8 into the url bar instead of google.com a lot more individuals would be confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and nets 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 essentially the very same thing that i just 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 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 feel free to leave a like listed below it’s complimentary and it rewards all our effort on this video and the past hundred that we have actually been really hard at work developing however anyways if you’re not used 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 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 name you can transfer it to anywhere you desire whatever wallet you want with ease all right so now let’s delve into my laptop computer and get into the tutorial section of the video where i wish to reveal you unstoppable domain names how to get a domain how to establish a specific wallet so you can connect the domain name that you bought to your wallet etc so you can truly comprehend how to effectively utilize unstoppable domain so let’s begin welcome to my laptop computer let’s start so this is unstoppable domains.com now to get going with this website is very basic you just come here and then you enter the domain that you want right here and then click on search now i desire simply wish to mention that they do have specific cost points for the number of 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 expensive it’s going to be so for example if i was come here and i enter my last name 2 400 uh i believe i’ll pass but anyways let me go ahead and simply add this to cart for demonstration purposes we’ll go to the carts which’s it all right and

then you click on 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 flexible i like it’s that it’s not one of those odd crypto sites where you have 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 okay and that’s it therefore as soon as you’re all set then you’ll have your my domain list in your account and so 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 that you ‘d want to go through the process and really 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 want to go offer it on some kind of like nft market you can go ahead and do that all right so just 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 until you in fact 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 haven’t declared 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 declare your domain the very first method is that you have to buy a claim with credits fee so that costs uh at this time 40 per domain and so that’s spends for the gas charges you resemble what are gas costs look this the ethereum network you in fact have to pay uh to move things on and off through gas charges number two is you can pay the gas fees directly 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 until august so then they’ll have a scaling solution that makes it simple to claim however anyways to get started is really simple so we go here state if i wish to declare this one make a website.crypto we’ll claim with ethereum right there claim procedure started 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 all right fantastic now you resemble whoa what do i do pick 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 couple of different wallets that they advise 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 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 begin with metamask is simple meta mask there we go alright so we click on this link then we want to download it now click on that install metamask for chrome fine and let’s go on and add to chrome include extension and there we go all right so now the metamask app is set up on our web browser so we simply click on get going we are brand-new to metamask so here is where you need to establish a wallet a wallet is what you finish with your cryptocurrency Namecoin Wallet For Mining On Osx