Altcoins Similar To Namecoin 2022

describe subjects of the cryptocurrency world…Altcoins Similar To Namecoin. using examples stories and examples so that you can quickly comprehend 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 implies for individuals entering the complex crypto space prior to we really get to comprehending the power of unstoppable domains the first thing we’ll need to do is understand dns here at whiteboard crypto we like utilizing examples so that’s precisely what we’re going to be utilizing to help you understand dns so dns stands for domain name service which is an expensive way of stating that it is a practical service which allows us humans to type in human legible addresses into the search bar and after that it will instantly turn them into machine legible addresses so the majority of you are probably familiar with ip addresses and those are precisely how a computer system at one end of the internet knows how to talk specifically to another computer somewhere else and not simply shout it into the void that is the web when you type in google.com and you hit enter your computer sends out 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 to you now the plan is then unpacked by your computer to reveal you the totality of the google.com web page using complicated mathematics and software application all of this

interaction occurs behind the scenes however 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 good 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 very same thing that i simply pointed out except it’s for ethereum ens represents 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 wish to support the channel do not hesitate to leave a like listed below it’s free and it rewards all our effort on this video and the past hundred that we have actually been actually hard at work developing but anyways if you’re not utilized to comprehending crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d have to share

Existing domain register to release 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 kind of blockchain based domain name you can transfer it to any place you want whatever wallet you desire with ease fine so now let’s jump into my laptop computer and enter into the guide area of the video where i want to reveal you unstoppable domain how to get a domain name how to set up a specific wallet so you can connect the domain that you purchased to your wallet and so on so you can actually comprehend how to properly utilize unstoppable domain so let’s start welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get started with this site is really basic you simply come here and then you key in the domain name that you want right here and then click search now i want simply wish to mention that they do have particular price 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 name the more costly it’s going to be so for instance if i was come here and i key in my surname 2 400 uh i believe i’ll pass but anyways let me go ahead and simply include this to cart for demonstration purposes we’ll go to the carts which’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 truly like i like that it’s versatile i like it’s that it’s not one of those unusual 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 nevertheless payment entrance you want to utilize alright 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 site dot crypto and that’s it how to claim your crypto domain address now the factor why you ‘d want to go through the procedure and in fact declare uh your domain addresses due to the fact that one then you actually own it then two you can do whatever you want with it if you want 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 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 understand it’s like a hot wallet i think you understand 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 mention at the time of this video that there are a couple of ways to declare your domain name the first way is that you have to purchase a claim with credits cost so that costs uh at this time 40 per domain name and so that’s pays for the gas costs you’re like what are gas fees look this the ethereum network you really have to pay uh to move things on and off through gas charges number two is you can pay the gas fees straight 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 simply wait up until august so then they’ll have a scaling service that makes it simple to claim however anyways to get begun is very basic so we go here state if i want to declare this one make a website.crypto we’ll declare with ethereum right there declare process began so now we have to send the code by email so click that and so right over here we’ll leap 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 simply highlight that ideal click copy paste there we go boom put that in alright 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 particularly for ethereum now there are a few various 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 just going to utilize metamask so to begin with metamask is easy meta mask there we go alright so we click on this link then we wish to download it now click on that install metamask for chrome fine and let’s proceed and contribute to chrome include extension and there we go alright so now the metamask app is set up on our web browser so we just click on start we are new to metamask so here is where you have to set up a wallet a wallet is what you do with your cryptocurrency Altcoins Similar To Namecoin