Does Coinex Support Namecoin 2022

discuss topics of the cryptocurrency world…Does Coinex Support Namecoin. using 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 better than ens and what that suggests for individuals entering the complicated crypto space before we really get to comprehending the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at whiteboard crypto we enjoy utilizing examples so that’s exactly what we’re going to be utilizing to assist you understand dns so dns represents domain name service which is a fancy method of stating that it is an useful service which enables us people to enter human legible addresses into the search bar and then it will automatically turn them into maker readable addresses so the majority of you are probably acquainted with ip addresses and those are exactly how a computer at one end of the web knows how to talk specifically to another computer somewhere else and not simply scream it into the void that is the web when you enter google.com and you hit enter your computer system sends 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 searching for them and then grabs a bundle back to send out to you now the package is then unpacked by your computer to reveal you the whole of the google.com home page using complicated mathematics and software application all of this

communication takes place behind the scenes however to you it’s easy and easy to use in fact if we needed to type in 8.8.8.8 into the url bar instead of google.com a lot more people would be confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and nets due to the fact that 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 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 simply type that in and pay me 20 if you desire 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 free and it rewards all our hard work on this video and the past hundred that we have actually been actually hard at work developing but anyways if you’re not used to comprehending crypto the option to sharing whiteboard crypto.eth with someone 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 and so on uh when you have a dot crypto dot zill any kind of blockchain based domain name you can move it to any place you desire 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 wish to show you unstoppable domain names how to get a domain name how to establish a specific wallet so you can attach the domain name that you bought to your wallet and so on so you can actually understand how to correctly utilize unstoppable domain so let’s begin welcome to my laptop let’s begin so this is unstoppable domains.com now to get started with this website is really simple you just come here and then you enter the domain name that you want right here and then click search now i desire just wish to point out that they do have particular price points for how many characters are in the domain that you want to get so something over 8 characters will be 40 the smaller the domain the more expensive it’s going to be so for example if i was come here and i key in my surname 2 400 uh i think i’ll pass however anyways let me proceed and simply add this to cart for demonstration purposes we’ll go to the carts and that’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 actually like i like that it’s flexible i like it’s that it’s not one of those strange crypto websites where you have to pay in cryptocurrency or you have to buy unstoppable coin then exchange it or whatever no you can pay with however payment gateway you desire to use okay and that’s it and so when 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 factor why you ‘d want to go through the process and actually claim uh your domain addresses since one then you really own it then 2 you can do whatever you desire with it if you desire to go offer it on some type of like nft market 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 up until you really 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 know this is you you have not claimed it yet so it’s an iou that you own this and so i simply want to briefly reference at the time of this video that there are a couple of methods to declare your domain name the first method is that you have to acquire a claim with credits charge 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 charges look this the ethereum network you really have to pay uh to move things on and off via gas charges number two is you can pay the gas charges 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 till august so then they’ll have a scaling service that makes it easy to claim but anyways to get begun is extremely simple so we go here state if i desire to declare 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 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 just highlight that right click copy paste there we go boom put that in okay terrific now you’re like whoa what do i do choose wallet for declaring so unstoppable domains has their own app we have a web 3 wallet coinbase wall all mu wall is specifically for ethereum now there are a few 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 get going with metamask is simple meta mask there we go alright so we click on this link then we wish to download it now click that set up metamask for chrome all right and let’s go ahead and contribute to chrome add extension and there we go alright so now the metamask app is installed on our web browser so we simply click on get started 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 Does Coinex Support Namecoin