Blockstack Vs Namecoin 2022

explain topics of the cryptocurrency world…Blockstack Vs Namecoin. utilizing analogies stories and examples so that you can quickly 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 suggests for people getting into the complex crypto area prior to 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 love utilizing examples so that’s exactly what we’re going to be using to help you comprehend dns so dns represents domain name service which is a fancy way of saying that it is an useful service which permits us human beings to key in human understandable addresses into the search bar and then it will instantly turn them into machine readable addresses so the majority of you are most likely knowledgeable about ip addresses and those are precisely how a computer at one end of the web understands how to talk specifically to another computer system elsewhere and not just shout it into the abyss that is the web when you enter google.com and you hit enter your computer system sends out 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 looking for them and then gets a plan back to send out to you now the package is then unpacked by your computer system to reveal you the totality of the google.com home page using complicated mathematics and software application all of this

communication 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 individuals would be confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and internet due to the fact that it makes good sense to us so that’s essentially 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 discussed except it’s for ethereum ens represents ethereum name service and pretty much lets me inform you that whiteboardcrypto.eth is my wallet address so you can simply type that in and pay me 20 if you want 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 creating however anyways if you’re not used to understanding crypto the alternative to sharing white boards crypto.eth with someone is i ‘d have to share

Existing domain name register to release domain or in order to move it over to this other domain register etc uh when you have a dot crypto dot zill any type of blockchain based domain you can move it to wherever you want whatever wallet you want with ease alright so now let’s delve into my laptop computer and get into the tutorial section of the video where i want to show you unstoppable domain names how to get a domain name how to establish a specific wallet so you can connect the domain name that you bought to your wallet etc so you can really comprehend how to correctly use unstoppable domain so let’s start welcome to my laptop let’s start so this is unstoppable domains.com now to start with this site is very basic you simply come here and then you type in the domain that you want right here and then click search now i desire simply wish to point out that they do have specific rate points for the number of characters are in the domain name that you wish 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 example if i was come here and i enter my surname 2 400 uh i believe i’ll pass but anyways let me proceed and simply include this to haul 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 truly like i like that it’s versatile i like it’s that it’s not one of those odd 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 nevertheless payment entrance you desire to use fine and that’s it and so 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 website dot crypto and that’s it how to claim your crypto domain address now the reason why you ‘d desire to go through the process and in fact claim uh your domain addresses because one then you in fact own it then 2 you can do whatever you want with it if you want to go offer it on some type of like nft marketplace you can go ahead and do that alright so just like when you buy any type of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou till you really move the cryptocurrency from coinbase to your own wallet this is the exact same so this is on there this is you know it’s like 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 and so i just desire to briefly mention 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 name and so that’s pays for the gas costs 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 2 is you can pay the gas costs 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 just wait till august so then they’ll have a scaling option that makes it easy to claim but anyways to get started is very easy so we go here say if i desire to claim this one make a website.crypto we’ll declare with ethereum right there claim procedure started 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 best click copy paste there we go boom put that in okay terrific now you’re like 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 few various 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 simply going to utilize metamask so to get going with metamask is easy meta mask there we go all right so we click here then we want to download it now click on that install metamask for chrome fine and let’s proceed and add to chrome include extension and there we go okay so now the metamask app is installed on our web browser so we just click on start we are new to metamask so here is where you have to establish a wallet a wallet is what you do with your cryptocurrency Blockstack Vs Namecoin