Btc.Com Namecoin Reward 2022

explain topics of the cryptocurrency world…Btc.Com Namecoin Reward. utilizing analogies stories and examples so that you can quickly understand them in this video we are going to be explaining what unstoppable domains is how they might be better than ens and what that implies for people entering the complex crypto space prior to we really 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 precisely what we’re going to be utilizing to help you comprehend dns so dns stands for domain service which is an expensive method of saying that it is a valuable service which permits us humans to key in human understandable addresses into the search bar and then it will instantly turn them into device readable addresses so the majority of you are most likely acquainted with ip addresses and those are exactly how a computer at one end of the web understands how to talk specifically to another computer system elsewhere and not just 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 saying yo where’s google the internet service provider discovers and goes to where google is tells them that you are searching for them and then grabs a package back to send to you now the package is then unpacked by your computer to show you the entirety of the google.com web page using complicated math and software all of this

communication happens behind the scenes but to you it’s easy and easy to use in fact if we needed to key in 8.8.8.8 into the url bar instead of google.com a lot more people would be confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and internet due to the fact that it makes sense to us so that’s basically what a dns is a translator for people to speak machine code next up let’s see how this works for crypto ens is essentially the very same thing that i simply mentioned 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 want by the way if you do not have 20 and you wish to support the channel feel free to leave a like below it’s totally free and it rewards all our hard work on this video and the past hundred that we have actually been truly hard at work producing but anyways if you’re not used to understanding crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d have to share

Existing domain name register to release domain name 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 you can transfer it to anywhere you want whatever wallet you want with ease alright so now let’s jump into my laptop computer and enter into the tutorial area of the video where i want to reveal you unstoppable domain names how to get a domain how to establish a particular wallet so you can connect the domain name that you bought to your wallet etc so you can actually understand how to correctly use unstoppable domain names so let’s get started welcome to my laptop computer let’s begin so this is unstoppable domains.com now to start with this website is extremely simple you just come here and then you enter the domain name that you desire right here and then click search now i desire simply wish to point out that they do have specific price 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 name the more pricey it’s going to be so for example if i was come here and i enter my last name 2 400 uh i believe i’ll pass however anyways let me go ahead and just add this to cart for presentation functions we’ll go to the carts which’s it all right and

then you click here checkout which’s it therefore 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 strange crypto websites where you need to pay in cryptocurrency or you need to purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you want to use fine which’s it and so once you’re all set then you’ll have your my domain 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 you ‘d want to go through the procedure and in fact declare uh your domain addresses because one then you in fact own it then 2 you can do whatever you desire with it if you want to go sell it on some kind of like nft marketplace you can go ahead and do that fine 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 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 think you understand 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 mention at the time of this video that there are a couple of ways to claim your domain name the first way is that you need to buy a claim with credits charge so that costs uh at this time 40 per domain and so that’s pays for the gas fees you’re like what are gas charges look this the ethereum network you actually need to pay uh to move things on and off by means of gas fees second is you can pay the gas charges directly from your own wallet so if you already have a wallet established and you have ethereum in there you can pay with your own ethereum or you can simply wait until august so then they’ll have a scaling option that makes it simple to claim however anyways to get going is extremely easy so we go here say if i wish to declare this one make a website.crypto we’ll claim with ethereum right there claim process started so now we have to send out the code by email so click that and so 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 simply highlight that best click copy paste there we go boom put that in okay great now you resemble whoa what do i do choose 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 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 use metamask so to start with metamask is easy meta mask there we go all right so we click here then we wish to download it now click on that set up metamask for chrome alright and let’s go on and contribute to chrome add extension and there we go fine so now the metamask app is installed on our browser so we just click start we are new to metamask so here is where you have to establish a wallet a wallet is what you finish with your cryptocurrency Btc.Com Namecoin Reward