Is Namecoin Dead 2022

discuss subjects of the cryptocurrency world…Is Namecoin Dead. utilizing examples stories and examples so that you can quickly 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 the complicated crypto area before we actually get to comprehending the power of unstoppable domains the first thing we’ll require 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 help you understand dns so dns stands for domain service which is an elegant method of stating that it is a handy service which allows us human beings to key in human readable addresses into the search bar and after that it will immediately turn them into maker legible addresses so most of you are probably acquainted with ip addresses and those are precisely how a computer system at one end of the web understands how to talk specifically to another computer system elsewhere and not just shout it into the abyss that is the web when you key in google.com and you hit 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 after that grabs a package back to send out to you now the plan is then unpacked by your computer to reveal you the whole of the google.com home page utilizing complex math and software all of this

communication happens behind the scenes however to you it’s simple and user friendly 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 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 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 essentially the same thing that i simply mentioned other than it’s for ethereum ens represents ethereum name service and practically 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 complimentary and it rewards all our hard work on this video and the past hundred that we’ve been really hard at work creating but anyways if you’re not utilized to comprehending crypto the option to sharing white boards crypto.eth with somebody is i ‘d need to share

Current domain register to launch domain name 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 you can transfer it to anywhere you desire whatever wallet you want with ease fine so now let’s jump into my laptop computer and enter into the guide section of the video where i wish to reveal you unstoppable domain names how to get a domain how to set up a specific wallet so you can connect the domain name that you bought to your wallet and so on so you can truly understand how to correctly use unstoppable domain so let’s begin welcome to my laptop let’s start so this is unstoppable domains.com now to begin with this website is really simple you just come here and after that you key in the domain name that you want right here and after that click search now i want just wish to point out that they do have specific price points for the number of characters are in the domain that you wish to get so something over 8 characters will be 40 the smaller the domain name the more costly 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 however anyways let me go ahead and just include this to haul for demonstration purposes we’ll go to the carts which’s it fine and

then 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 versatile i like it’s that it’s not one of those odd crypto sites where you need 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 want to utilize alright and that’s it therefore once you’re all set then you’ll have your my domain name list in your account therefore 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 why you ‘d wish to go through the procedure and in fact declare uh your domain addresses since one then you in fact own it then 2 you can do whatever you desire with it if you wish to go sell it on some type of like nft marketplace you can go ahead and do that alright 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 until you actually 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 declared it yet so it’s an iou that you own this therefore i just want to briefly reference at the time of this video that there are a few ways to claim your domain name the very first way is that you need to acquire a claim with credits cost so that costs uh at this time 40 per domain name therefore that’s pays for the gas charges you’re like what are gas costs look this the ethereum network you really need to pay uh to move things on and off by means of gas fees second is you can pay the gas fees directly from your own wallet so if you currently have a wallet established 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 solution that makes it easy to claim but anyways to get going is really easy so we go here state if i wish to claim 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 e-mail so click that therefore right over here we’ll leap over here and wait on 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 all right 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 particularly for ethereum now there are a couple of various wallets that they advise 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 begin with metamask is simple meta mask there we go okay so we click here then we wish to download it now click on that install metamask for chrome alright and let’s go on 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 on start we are brand-new to metamask so here is where you have to set up a wallet a wallet is what you do with your cryptocurrency Is Namecoin Dead