Namecoin Wikipedia 2022

discuss topics of the cryptocurrency world…Namecoin Wikipedia. utilizing examples stories and examples so that you can easily understand them in this video we are going to be describing what unstoppable domains is how they might be much better than ens and what that means for individuals entering the complex crypto area 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 white boards crypto we enjoy utilizing examples so that’s exactly what we’re going to be utilizing to assist you understand dns so dns means domain name service which is an elegant method of saying that it is a practical service which permits us humans to type in human understandable addresses into the search bar and then it will automatically turn them into maker understandable addresses so most of you are most likely familiar with ip addresses and those are exactly how a computer at one end of the web knows how to talk particularly to another computer system somewhere else and not just shriek it into the void that is the web when you key in 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 grabs a bundle back to send to you now the plan is then unpacked by your computer system to show you the entirety of the google.com home page utilizing complicated math and software all of this

interaction takes place 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 individuals would be puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and nets because it makes 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 same thing that i just pointed out other than it’s for ethereum ens represents ethereum name service and pretty much lets me tell you that whiteboardcrypto.eth is my wallet address so you can just type that in and pay me 20 if you want by the way if you don’t have 20 and you wish 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 developing but anyways if you’re not utilized to comprehending crypto the alternative to sharing white boards crypto.eth with somebody is i ‘d have to share

Existing domain register to launch domain or in order to move it over to this other domain name register and so on uh when you have a dot crypto dot zill any type of blockchain based domain you can move it to anywhere you want whatever wallet you desire with ease fine so now let’s jump into my laptop and enter the guide area of the video where i want to reveal you unstoppable domain names how to get a domain how to set up a specific wallet so you can connect the domain name that you bought to your wallet and so on so you can actually comprehend how to correctly utilize unstoppable domain names so let’s start welcome to my laptop let’s begin so this is unstoppable domains.com now to begin with this site is extremely easy you just come here and then you enter the domain name that you desire right here and then click search now i desire simply want to mention that they do have particular cost 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 name the more pricey it’s going to be so for instance if i was come here and i type in my last name 2 400 uh i believe i’ll pass however anyways let me go ahead and just include this to cart for presentation purposes we’ll go to the carts which’s it okay 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 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 have to buy unstoppable coin then exchange it or whatever no you can pay with however payment entrance you desire to use all right and that’s it and so 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 website dot crypto and that’s it how to declare your crypto domain address now the factor why 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 desire with it if you desire to go offer it on some type of like nft market you can go ahead and do that fine so simply 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 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 guess you know this is you you have not declared 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 claim your domain name the very first way is that you have to buy a claim with credits charge so that costs uh at this time 40 per domain name and so that’s pays for the gas charges you’re like what are gas fees look this the ethereum network you in fact have to pay uh to move things on and off via gas fees number two is you can pay the gas fees 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 simply wait till august so then they’ll have a scaling option that makes it easy to claim but anyways to get started is extremely simple so we go here state if i want to claim this one make a website.crypto we’ll claim 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 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 simply highlight that right click copy paste there we go boom put that in fine terrific now you’re like whoa what do i do select wallet for declaring 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 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 use metamask so to get start with metamask is easy meta mask there we go alright so we click on this link then we want to download it now click that install metamask for chrome okay and let’s go on and add to chrome include extension and there we go all right so now the metamask app is installed on our internet browser so we just click get started 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 Wikipedia