How Much Is One Namecoin 2022

describe subjects of the cryptocurrency world…How Much Is One Namecoin. using examples stories and examples so that you can easily comprehend them in this video we are going to be discussing what unstoppable domains is how they might be much better than ens and what that implies for individuals entering into the complex crypto space before we really get to understanding the power of unstoppable domains the first thing we’ll require to do is understand dns here at white boards crypto we like utilizing examples so that’s exactly what we’re going to be utilizing to assist you comprehend dns so dns means domain name service which is a fancy method of stating that it is a practical service which allows us people to type in human legible addresses into the search bar and then it will immediately turn them into device legible addresses so the majority of you are most likely knowledgeable about ip addresses and those are precisely how a computer system at one end of the internet knows how to talk specifically to another computer system somewhere else and not just yell it into the void that is the web when you type in google.com and you hit enter your computer sends out a message to your internet service provider stating yo where’s google the internet service provider learns and goes to where google is tells them that you are searching for them and after that grabs a plan back to send to you now the plan is then unpacked by your computer system to show you the whole of the google.com web page using complex math and software all of this

interaction happens behind the scenes however to you it’s simple 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 people would be puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and internet because 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 basically the exact same thing that i simply pointed out except it’s for ethereum ens represents ethereum name service and pretty much 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 don’t have 20 and you want to support the channel do not hesitate 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’ve been really hard at work producing but anyways if you’re not used to understanding crypto the option to sharing white boards crypto.eth with somebody is i ‘d have to share

Existing domain name register to release 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 type of blockchain based domain you can transfer it to any place you want whatever wallet you want with ease alright so now let’s jump into my laptop computer and enter the tutorial section of the video where i wish to reveal 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 comprehend how to properly use unstoppable domain names so let’s get going welcome to my laptop computer let’s begin so this is unstoppable domains.com now to begin with this website is really basic you simply come here and after that you key in the domain that you want right here and then click search now i want simply want to discuss that they do have particular rate points for how many characters are in the domain name that you want 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 surname 2 400 uh i think i’ll pass however anyways let me go ahead and simply include this to cart for demonstration purposes we’ll go to the carts which’s it alright 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 flexible 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 desire to utilize alright 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 site dot crypto and that’s it how to declare your crypto domain address now the reason why you ‘d want to go through the process and in fact claim uh your domain addresses because one then you in fact own it then two you can do whatever you desire 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 simply like when you purchase any type of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou up until you in fact move the cryptocurrency from coinbase to your own wallet this is the exact same so this is on there this is you understand it’s like a hot wallet i guess you know this is you you haven’t declared it yet so it’s an iou that you own this and so i simply want to briefly mention at the time of this video that there are a few methods to claim your domain name the first method is that you have to purchase a claim with credits fee so that expenses uh at this time 40 per domain name and so that’s pays for the gas charges you’re like what are gas charges look this the ethereum network you in fact have to pay uh to move things on and off through gas costs 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 simply wait till august so then they’ll have a scaling option that makes it easy to claim however anyways to get started is really basic so we go here say if i desire to claim this one make a website.crypto we’ll claim with ethereum right there claim process started so now we have to send the code by email so click that and so right over here we’ll jump 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 just highlight that ideal click copy paste there we go boom put that in alright excellent 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 couple of different wallets that they suggest 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 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 get start with metamask is simple meta mask there we go alright so we click on this link then we want to download it now click that set up metamask for chrome fine and let’s proceed and add to chrome add extension and there we go alright so now the metamask app is set up on our browser so we simply click get going we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you do with your cryptocurrency How Much Is One Namecoin