Why Namecoin Has Transaction Limit 2022

explain topics of the cryptocurrency world…Why Namecoin Has Transaction Limit. utilizing examples 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 much better than ens and what that means for people getting into the complex crypto area prior to we really get to understanding the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at white boards crypto we love using 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 expensive method of saying that it is a valuable service which allows us humans to type in human readable addresses into the search bar and then it will automatically turn them into machine readable addresses so the majority of you are probably knowledgeable about ip addresses and those are exactly how a computer system at one end of the web understands how to talk particularly to another computer somewhere else and not simply yell it into the void that is the web when you enter google.com and you hit enter your computer sends a message to your internet service provider saying yo where’s google the internet service provider discovers and goes to where google is tells them that you are looking for them and then grabs a package back to send out to you now the plan is then unpacked by your computer to show you the totality of the google.com web page utilizing complex math and software application all of this

interaction happens behind the scenes but to you it’s easy and user friendly in fact if we had to key in 8.8.8.8 into the url bar instead of google.com a lot more people would be puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and webs since it makes good sense to us so that’s basically 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 essentially the exact same thing that i just discussed except it’s for ethereum ens means ethereum name service and pretty much lets me inform you that whiteboardcrypto.eth is my wallet address so you can merely 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 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 truly hard at work developing however anyways if you’re not used to understanding crypto the option 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 etc uh when you have a dot crypto dot zill any type of blockchain based domain name you can transfer it to wherever you want whatever wallet you desire with ease okay so now let’s jump into my laptop and enter the guide area of the video where i want to show you unstoppable domain names how to get a domain name how to establish a particular wallet so you can attach the domain that you bought to your wallet etc so you can actually comprehend how to effectively utilize unstoppable domain so let’s get started welcome to my laptop let’s begin so this is unstoppable domains.com now to get started with this site is very easy you just come here and then you type in the domain name that you want right here and then click on search now i desire just wish to discuss that they do have particular cost points for how many characters are in the domain name that you wish to get so something over 8 characters will be 40 the smaller the domain the more costly it’s going to be so for instance if i was come here and i key in my last name 2 400 uh i believe i’ll pass however anyways let me go on and just include this to cart for demonstration functions we’ll go to the carts and that’s it fine and

then you click on 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 actually like i like that it’s flexible i like it’s that it’s not one of those odd crypto sites where you need to pay in cryptocurrency or you need to buy unstoppable coin then exchange it or whatever no you can pay with nevertheless payment entrance you want to utilize fine and that’s it therefore once 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 which’s it how to claim your crypto domain address now the reason you ‘d wish to go through the process and really claim uh your domain addresses since one then you actually own it then 2 you can do whatever you want with it if you wish to go offer it on some type of like nft market you can go ahead and do that fine so just like when you buy any kind of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou until you actually move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you understand it resembles a hot wallet i guess you know this is you you have not claimed it yet so it’s an iou that you own this and so i simply wish to briefly reference at the time of this video that there are a few methods to declare your domain the very first way is that you need to buy a claim with credits fee so that expenses uh at this time 40 per domain name therefore that’s spends for the gas costs you’re like what are gas charges look this the ethereum network you actually have to pay uh to move things on and off through gas fees second is you can pay the gas charges directly from your own wallet so if you already 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 solution that makes it simple to claim however anyways to get going is very easy so we go here say if i want to declare this one make a website.crypto we’ll claim with ethereum right there declare process began so now we need to send out the code by e-mail so click that therefore right over here we’ll jump over here and wait for 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 okay excellent now you resemble 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

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 start with metamask is easy meta mask there we go okay so we click on this link then we wish to download it now click that set up metamask for chrome alright and let’s proceed and contribute to chrome include extension and there we go all right so now the metamask app is installed on our browser so we simply click get started we are brand-new to metamask so here is where you have to set up a wallet a wallet is what you make with your cryptocurrency Why Namecoin Has Transaction Limit