How To Convert Namecoin To Bitcoin 2022

discuss topics of the cryptocurrency world…How To Convert Namecoin To Bitcoin. using examples 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 much better than ens and what that implies for individuals getting into the complex crypto area before we in fact get to understanding the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at whiteboard crypto we like using examples so that’s precisely what we’re going to be using to assist you understand 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 enter human understandable addresses into the search bar and after that it will instantly turn them into device readable addresses so the majority of you are probably familiar with ip addresses and those are precisely how a computer at one end of the internet knows how to talk specifically to another computer elsewhere and not just shout it into the abyss 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 after that grabs a bundle back to send to you now the package is then unpacked by your computer to reveal you the whole of the google.com web page using complex mathematics and software all of this

interaction happens behind the scenes but to you it’s basic and easy to use in fact if we needed to enter 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 webs since it makes 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 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 simply type that in and pay me 20 if you desire 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 hard work on this video and the past hundred that we have actually been truly hard at work creating but anyways if you’re not utilized to understanding crypto the option to sharing whiteboard crypto.eth with somebody 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 type of blockchain based domain name you can transfer it to wherever you desire whatever wallet you desire with ease alright so now let’s delve into my laptop and enter into the guide area of the video where i wish 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 purchased to your wallet etc so you can actually comprehend how to appropriately utilize unstoppable domain names so let’s start welcome to my laptop computer let’s begin so this is unstoppable domains.com now to start with this website is extremely basic you simply come here and then you enter the domain that you desire right here and then click search now i want simply want to mention that they do have specific cost points for the number of characters remain in the domain name that you want to get so something over 8 characters will be 40 the smaller the domain the more pricey it’s going to be so for example if i was come here and i key in my last name 2 400 uh i believe i’ll pass but anyways let me go on and just include this to haul for presentation functions we’ll go to the carts which’s it fine 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 weird 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 nevertheless payment entrance you desire to utilize alright 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 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 procedure and in fact claim uh your domain addresses since 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 okay so just 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 until you actually move the cryptocurrency from coinbase to your own wallet this is the very same so this is on there this is you understand it’s like a hot wallet i guess you know this is you you have not 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 couple of methods to declare your domain name the very first way 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 charges you’re like what are gas charges look this the ethereum network you actually have to pay uh to move things on and off via gas charges number 2 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 option that makes it simple to claim however anyways to get begun is extremely basic so we go here state if i want 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 e-mail so click that and so right over here we’ll leap 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 right click copy paste there we go boom put that in alright fantastic 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 specifically for ethereum now there are a couple of various wallets that they recommend 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 simply going to utilize metamask so to get start with metamask is easy meta mask there we go fine so we click on this link then we want to download it now click on that install metamask for chrome okay and let’s proceed and add 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 on start we are brand-new to metamask so here is where you have to set up a wallet a wallet is what you finish with your cryptocurrency How To Convert Namecoin To Bitcoin