Ledger Nano S Namecoin 2022

describe topics of the cryptocurrency world…Ledger Nano S Namecoin. using examples stories and examples so that you can quickly comprehend them in this video we are going to be describing what unstoppable domains is how they might be better than ens and what that indicates for individuals getting into the complicated crypto area prior to we really get to comprehending the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we enjoy using examples so that’s precisely what we’re going to be using to assist you comprehend dns so dns means domain name service which is a fancy way of saying that it is a helpful service which enables us humans to type in human legible addresses into the search bar and then it will automatically turn them into device readable 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 key in google.com and you hit enter your computer system sends out a message to your internet service provider saying 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 after that gets a plan back to send out to you now the plan is then unpacked by your computer system to reveal you the totality of the google.com home page using complicated mathematics and software all of this

communication takes place behind the scenes however to you it’s easy and user friendly in fact if we needed to type in 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 nets 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 essentially the same thing that i just discussed except it’s for ethereum ens means ethereum name service and practically lets me inform you that whiteboardcrypto.eth is my wallet address so you can simply type that in and pay me 20 if you want by the way if you don’t have 20 and you wish to support the channel feel free to leave a like below it’s free and it rewards all our hard work on this video and the past hundred that we have actually been really hard at work creating however anyways if you’re not utilized to comprehending crypto the option to sharing whiteboard crypto.eth with somebody is i ‘d have to share

Existing domain register to release domain name 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 name you can move it to any place you want whatever wallet you desire with ease all right so now let’s delve into my laptop computer and enter into the tutorial area of the video where i wish to reveal you unstoppable domain names how to get a domain name how to set up a specific wallet so you can attach the domain name that you purchased to your wallet and so on so you can actually comprehend how to effectively utilize unstoppable domain so let’s start welcome to my laptop computer let’s start so this is unstoppable domains.com now to get started with this site is very simple you simply come here and then you type in the domain that you desire right here and then click on search now i desire just want to discuss that they do have particular rate points for the number of characters are in the domain name that you wish 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 type in my last name 2 400 uh i believe i’ll pass however anyways let me go ahead and simply add this to cart for demonstration purposes 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 really like i like that it’s versatile i like it’s that it’s not one of those odd crypto sites 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 utilize okay 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 website dot crypto and that’s it how to claim your crypto domain address now the reason why you ‘d desire to go through the procedure and really claim uh your domain addresses because one then you actually own it then two you can do whatever you desire with it if you desire to go sell it on some type of like nft marketplace 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 simply an iou it’s an iou up until you really move the cryptocurrency from coinbase to your own wallet this is the very same so this is on there this is you know it’s like a hot wallet i guess 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 buy a claim with credits charge 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 by means of gas fees number two 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 simple to claim but anyways to get started is extremely easy so we go here say if i want to declare this one make a website.crypto we’ll declare with ethereum right there declare procedure 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 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 best click copy paste there we go boom put that in fine 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 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 using 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 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 that set up metamask for chrome alright and let’s go ahead and add to chrome include extension and there we go alright so now the metamask app is set up on our internet browser so we just click on start we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you finish with your cryptocurrency Ledger Nano S Namecoin