How To Mine Namecoin 2022

describe subjects of the cryptocurrency world…How To Mine Namecoin. utilizing analogies stories and examples so that you can easily understand them in this video we are going to be discussing what unstoppable domains is how they might be better than ens and what that implies for people getting into the complex crypto space prior to we really get to understanding the power of unstoppable domains the first thing we’ll need to do is understand dns here at whiteboard crypto we enjoy utilizing examples so that’s precisely what we’re going to be using to assist you comprehend dns so dns stands for domain service which is a fancy way of saying that it is a helpful service which enables us people to enter human understandable addresses into the search bar and then it will instantly turn them into machine readable addresses so the majority of you are probably acquainted 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 yell it into the void that is the web when you enter 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 trying to find them and after that gets a bundle back to send to you now the bundle is then unpacked by your computer to reveal you the entirety of the google.com home page utilizing complex mathematics and software application all of this

interaction takes place behind the scenes however to you it’s simple and easy to use in fact if we had to enter 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 webs since 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 just pointed out other than 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 don’t have 20 and you want to support the channel do not hesitate 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’ve been actually hard at work producing however anyways if you’re not utilized to comprehending crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d need to share

Existing domain name register to release domain or in order to move it over to this other domain name register etc uh when you have a dot crypto dot zill any kind of blockchain based domain you can move it to anywhere you desire whatever wallet you want with ease fine so now let’s delve into my laptop and enter into the guide area of the video where i wish to show you unstoppable domain names how to get a domain how to set up a specific wallet so you can attach the domain that you bought to your wallet etc so you can really understand how to appropriately utilize unstoppable domain so let’s start welcome to my laptop let’s begin so this is unstoppable domains.com now to get going with this site is really simple you just come here and after that you key in the domain that you want right here and after that click search now i desire simply wish to mention that they do have particular cost 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 sized the domain name the more costly it’s going to be so for instance if i was come here and i type in my surname 2 400 uh i think i’ll pass however anyways let me go on and simply add this to cart for presentation functions we’ll go to the carts and that’s it alright and

then you click on here checkout which’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 sites where you need to pay in cryptocurrency or you need to purchase unstoppable coin then exchange it or whatever no you can pay with however payment entrance you want to utilize okay and that’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 which’s it how to declare your crypto domain address now the reason that you ‘d want to go through the process and really claim uh your domain addresses due to the fact that one then you in fact own it then 2 you can do whatever you desire with it if you want to go offer it on some kind of like nft market you can go ahead and do that fine so just 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 know it’s like a hot wallet i guess you understand this is you you haven’t declared it yet so it’s an iou that you own this and so i just want to briefly mention at the time of this video that there are a couple of methods to declare your domain the very first method is that you have to buy a claim with credits cost so that expenses uh at this time 40 per domain 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 second is you can pay the gas charges straight 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 up until august so then they’ll have a scaling option that makes it easy to claim however anyways to get started is very basic so we go here say if i wish to declare this one make a website.crypto we’ll declare with ethereum right there declare procedure started so now we need to send out the code by email so click that and so right over here we’ll jump over here and await 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 all right excellent now you resemble whoa what do i do select 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 advise 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 simply going to utilize metamask so to start with metamask is simple meta mask there we go okay so we click on this link then we wish to download it now click that set up metamask for chrome alright and let’s go ahead and contribute to chrome include extension and there we go okay so now the metamask app is set up on our internet browser so we simply 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 How To Mine Namecoin