Benefits Of Namecoin 2022

describe topics of the cryptocurrency world…Benefits Of Namecoin. utilizing examples stories and examples so that you can easily comprehend them in this video we are going to be describing what unstoppable domains is how they might be better than ens and what that indicates for people entering the complicated crypto space before we really get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we like utilizing examples so that’s precisely what we’re going to be using to assist you comprehend dns so dns stands for domain name service which is a fancy method of stating that it is a practical service which allows us humans to key in human legible addresses into the search bar and after that it will automatically turn them into maker understandable addresses so most of you are most likely knowledgeable about ip addresses and those are exactly how a computer at one end of the web understands how to talk particularly to another computer somewhere else and not simply scream it into the void that is the web when you type in google.com and you hit enter your computer system sends a message to your internet service provider saying yo where’s google the internet service provider learns and goes to where google is tells them that you are trying to find them and after that grabs a bundle back to send out to you now the bundle is then unpacked by your computer to show you the totality of the google.com web page utilizing complicated math and software application all of this

interaction happens behind the scenes however to you it’s simple and user friendly in fact if we needed to enter 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 internet because it makes good 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 basically the very same thing that i simply pointed out other than it’s for ethereum ens represents ethereum name service and basically 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 below it’s totally free and it rewards all our effort on this video and the past hundred that we have actually been actually hard at work creating but anyways if you’re not utilized to understanding crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d have to share

Present 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 you can move it to wherever you desire whatever wallet you desire with ease all right so now let’s jump into my laptop computer and enter the tutorial area of the video where i want to show you unstoppable domain names how to get a domain how to set up a specific wallet so you can attach the domain name that you bought to your wallet etc so you can really comprehend how to appropriately use unstoppable domain names so let’s get going welcome to my laptop let’s start so this is unstoppable domains.com now to get started with this website is very basic you just come here and after that you key in the domain that you want right here and after that click search now i want just wish to point out that they do have specific cost points for the number of characters are in the domain name that you want to get so something over 8 characters will be 40 the smaller sized the domain name the more expensive it’s going to be so for example if i was come here and i enter my surname 2 400 uh i think i’ll pass but anyways let me proceed and just add this to cart for presentation purposes we’ll go to the carts which’s it okay and

then you click here checkout which’s it therefore you can pay with a charge card paypal crypto or you can pay with the crypto.com app and i really like i like that it’s versatile i like it’s that it’s not one of those weird 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 however payment entrance you wish to utilize all right which’s it and so when you’re all set then you’ll have your my domain name list in your account therefore 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 reason why you ‘d wish to go through the process and in fact claim uh your domain addresses due to the fact that one then you in fact own it then two you can do whatever you want with it if you wish to go offer it on some kind of like nft marketplace you can go on and do that all right so similar to when you buy any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is just an iou it’s an iou till you really move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you know it resembles a hot wallet i think you know this is you you have not declared it yet so it’s an iou that you own this therefore i simply wish to briefly reference at the time of this video that there are a few ways to claim your domain name the first method is that you have to acquire a claim with credits fee so that costs uh at this time 40 per domain and so that’s pays for the gas costs 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 charges second is you can pay the gas costs straight 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 up until august so then they’ll have a scaling option that makes it simple to claim however anyways to begin is very simple so we go here state if i wish to claim this one make a website.crypto we’ll declare with ethereum right there declare procedure started so now we have to send out the code by e-mail so click that therefore right over here we’ll jump 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 simply highlight that ideal click copy paste there we go boom put that in alright excellent 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 couple of different wallets that they advise 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 start with metamask is simple meta mask there we go fine so we click here then we wish to download it now click on that set up metamask for chrome alright and let’s go ahead and add to chrome include extension and there we go alright so now the metamask app is installed 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 do with your cryptocurrency Benefits Of Namecoin