Bitcoin To Namecoin 2022

explain subjects of the cryptocurrency world…Bitcoin To 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 much better than ens and what that implies for people entering the complicated crypto area prior to we actually get to comprehending the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we love using examples so that’s exactly what we’re going to be utilizing to assist you comprehend dns so dns stands for domain service which is an expensive method of saying that it is an useful service which enables us people to key in human understandable addresses into the search bar and after that it will immediately turn them into maker legible addresses so most of you are most likely familiar with ip addresses and those are precisely how a computer at one end of the internet understands how to talk specifically to another computer elsewhere and not simply yell it into the void that is the web when you type in google.com and you struck enter your computer system sends a message to your internet service provider stating 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 gets a plan back to send out to you now the bundle is then unpacked by your computer to show you the whole of the google.com home page utilizing complicated math and software all of this

communication occurs behind the scenes however to you it’s basic and user friendly 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 confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and webs because 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 basically the exact same thing that i simply mentioned except it’s for ethereum ens stands for 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 want 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 hard work on this video and the past hundred that we’ve been truly hard at work producing however anyways if you’re not utilized to understanding crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d need 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 type of blockchain based domain name you can transfer it to wherever you want whatever wallet you want with ease alright so now let’s delve into my laptop and enter the tutorial area of the video where i want to show you unstoppable domain how to get a domain how to set up a specific wallet so you can connect the domain that you bought to your wallet etc so you can actually comprehend how to effectively use unstoppable domain names so let’s begin welcome to my laptop computer let’s begin so this is unstoppable domains.com now to start with this website is really basic you just come here and after that you type in the domain that you desire right here and after that click search now i desire simply wish to point out that they do have particular price points for how many characters remain 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 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 think i’ll pass however anyways let me go on and just include this to cart for demonstration purposes we’ll go to the carts which’s it okay 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 versatile i like it’s that it’s not one of those weird crypto websites where you have to pay in cryptocurrency or you have to purchase unstoppable coin then exchange it or whatever no you can pay with however payment entrance you wish to utilize fine 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 website dot crypto and that’s it how to claim your crypto domain address now the reason why you ‘d wish to go through the procedure and in fact declare uh your domain addresses because 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 kind of like nft marketplace you can proceed and do that all right so much like when you purchase any kind of cryptocurrency from an exchange like uh coinbase for example what it is is just an iou it’s an iou up 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 guess you know this is you you have not claimed it yet so it’s an iou that you own this and so i just wish to briefly reference at the time of this video that there are a few ways to declare your domain the first way is that you have to purchase a claim with credits charge 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 fees look this the ethereum network you actually have to pay uh to move things on and off through gas fees number two is you can pay the gas costs directly from your own wallet so if you currently have a wallet established and you have ethereum in there you can pay with your own ethereum or you can just wait till august so then they’ll have a scaling option that makes it simple to claim but anyways to begin is extremely basic so we go here say if i wish to claim this one make a website.crypto we’ll declare with ethereum right there claim process started so now we have to send the code by email so click that therefore right over here we’ll leap over here and await 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 fine excellent now you resemble whoa what do i do pick wallet for claiming 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 various 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 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 simple meta mask there we go fine so we click on this link then we wish to download it now click that set up metamask for chrome fine and let’s go on and contribute to chrome add extension and there we go all right so now the metamask app is set up on our web browser so we simply click begin we are brand-new to metamask so here is where you need to set up a wallet a wallet is what you finish with your cryptocurrency Bitcoin To Namecoin