Ledgerwallet Namecoin 2022

describe subjects of the cryptocurrency world…Ledgerwallet Namecoin. 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 better than ens and what that indicates for individuals entering the complicated crypto area prior to we really get to understanding the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we enjoy utilizing examples so that’s precisely what we’re going to be utilizing to assist you understand dns so dns means domain name service which is an elegant method of stating that it is a helpful service which enables us humans to type in human understandable addresses into the search bar and then it will automatically turn them into maker understandable addresses so most of you are probably familiar with ip addresses and those are precisely how a computer system at one end of the internet knows how to talk particularly to another computer system elsewhere and not just shriek it into the abyss that is the web when you enter google.com and you hit enter your computer sends a message to your internet service provider saying 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 grabs a bundle back to send to you now the bundle is then unpacked by your computer system to show you the whole of the google.com web page using complicated math and software application all of this

interaction occurs behind the scenes but to you it’s easy 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 don’t speak in numbers or ip addresses we speak in dot coms dot orgs and internet due to the fact that it makes sense to us so that’s essentially what a dns is a translator for humans to speak machine code next up let’s see how this works for crypto ens is basically the same thing that i simply discussed except it’s for ethereum ens stands for ethereum name service and pretty much 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 do not have 20 and you want to support the channel feel free to leave a like below it’s free and it rewards all our effort on this video and the past hundred that we’ve been really hard at work developing but anyways if you’re not utilized to comprehending crypto the alternative to sharing white boards crypto.eth with someone is i ‘d have to share

Present domain register to launch domain name or in order to move it over to this other domain register and so on uh when you have a dot crypto dot zill any kind of blockchain based domain name you can transfer it to anywhere you desire whatever wallet you desire with ease okay so now let’s jump into my laptop computer and enter into the tutorial area of the video where i want to reveal you unstoppable domain names how to get a domain how to set up a specific wallet so you can attach the domain that you purchased to your wallet etc so you can actually understand how to appropriately use unstoppable domain names so let’s get going welcome to my laptop let’s begin so this is unstoppable domains.com now to begin with this website is very simple you simply come here and after that you key in the domain name that you want right here and then click on search now i want simply want to discuss that they do have specific cost points for the number of characters remain in the domain that you want to get so something over 8 characters will be 40 the smaller the domain the more costly it’s going to be so for instance if i was come here and i key in my surname 2 400 uh i think i’ll pass however anyways let me proceed and simply include this to haul for presentation purposes we’ll go to the carts which’s it all right and

then you click on here checkout which’s it therefore 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 strange crypto sites where you have to pay in cryptocurrency or you need to buy unstoppable coin then exchange it or whatever no you can pay with however payment gateway you want to utilize all right and that’s it therefore 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 site dot crypto and that’s it how to claim your crypto domain address now the reason that you ‘d wish to go through the procedure and actually declare uh your domain addresses due to the fact that one then you in fact own it then two you can do whatever you want with it if you want to go offer it on some type of like nft market you can proceed and do that okay so similar to when you purchase any type of cryptocurrency from an exchange like uh coinbase for instance what it is is simply an iou it’s an iou till you actually move the cryptocurrency from coinbase to your own wallet this is the 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 reference at the time of this video that there are a few methods to declare your domain name the very first way is that you need to purchase a claim with credits cost so that costs uh at this time 40 per domain name therefore that’s spends for the gas costs 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 costs number two is you can pay the gas charges straight 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 just wait until august so then they’ll have a scaling solution that makes it easy to claim however anyways to get started is very simple so we go here say 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 and so 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 just highlight that best click copy paste there we go boom put that in okay terrific now you resemble 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 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 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 start with metamask is simple meta mask there we go fine so we click here then we want to download it now click that set up metamask for chrome alright and let’s go ahead and add to chrome add extension and there we go alright so now the metamask app is set up on our web browser so we just click get going we are new to metamask so here is where you have to establish a wallet a wallet is what you do with your cryptocurrency Ledgerwallet Namecoin