Mine Namecoin 2022

explain subjects of the cryptocurrency world…Mine Namecoin. utilizing examples stories and examples so that you can quickly understand them in this video we are going to be describing what unstoppable domains is how they might be much better than ens and what that suggests for individuals entering into the complicated crypto space before we actually get to understanding the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at whiteboard crypto we love utilizing examples so that’s precisely what we’re going to be using to help you understand dns so dns represents domain name service which is an elegant way of stating that it is a practical service which allows us human beings to enter human legible addresses into the search bar and after that it will automatically turn them into device legible addresses so the majority of you are probably knowledgeable about ip addresses and those are exactly how a computer system at one end of the web understands how to talk specifically to another computer somewhere else and not simply scream it into the abyss that is the web when you enter 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 trying to find them and after that grabs a plan back to send out to you now the package is then unpacked by your computer to reveal you the entirety of the google.com home page using complicated mathematics and software all of this

communication happens behind the scenes however to you it’s simple 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 puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and nets since it makes sense to us so that’s essentially 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 exact same thing that i simply pointed out except 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 desire by the way if you don’t have 20 and you wish to support the channel feel free 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 truly hard at work developing but anyways if you’re not used to comprehending crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d need to share

Current domain name 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 type of blockchain based domain you can move it to any place you want whatever wallet you want with ease all right so now let’s jump into my laptop and enter the tutorial area of the video where i want to reveal you unstoppable domain names how to get a domain name how to establish a specific wallet so you can attach the domain name that you purchased to your wallet and so on so you can truly understand how to appropriately utilize unstoppable domain names so let’s get started welcome to my laptop let’s start so this is unstoppable domains.com now to begin with this website is very basic you just come here and then you type in the domain that you desire right here and then click search now i want just wish to mention that they do have particular cost points for how many characters are in the domain name that you wish to get so something over 8 characters will be 40 the smaller sized the domain name the more expensive it’s going to be so for instance if i was come here and i type in my surname 2 400 uh i believe i’ll pass however anyways let me proceed and just add this to haul for presentation purposes we’ll go to the carts and that’s it fine and

then you click here checkout and that’s it therefore 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 strange crypto websites where you need to pay in cryptocurrency or you have to purchase unstoppable coin then exchange it or whatever no you can pay with however payment gateway you wish to use alright and that’s it therefore as soon as 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 which’s it how to claim your crypto domain address now the reason that you ‘d want to go through the process and in fact declare uh your domain addresses due to the fact that one then you actually own it then two you can do whatever you desire with it if you wish to go sell it on some kind of like nft market you can proceed and do that all right so much like when you buy any type of cryptocurrency from an exchange like uh coinbase for instance what it is is simply an iou it’s an iou 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 resembles a hot wallet i think 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 reference at the time of this video that there are a few ways to declare your domain the first method is that you need to acquire a claim with credits cost so that costs uh at this time 40 per domain and so that’s pays for the gas costs you’re like what are gas charges look this the ethereum network you really need to pay uh to move things on and off through gas costs second is you can pay the gas costs 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 just wait till august so then they’ll have a scaling option that makes it simple to claim but anyways to start is extremely basic so we go here say if i want to claim this one make a website.crypto we’ll declare with ethereum right there claim process began so now we need to send out the code by email so click that therefore right over here we’ll leap over here and wait on 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 okay 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 specifically for ethereum now there are a few different wallets that they suggest 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 just going to utilize metamask so to get start with metamask is simple meta mask there we go fine so we click here then we want to download it now click that install metamask for chrome all right and let’s proceed and add to chrome add extension and there we go alright so now the metamask app is installed on our internet browser so we just click begin we are brand-new to metamask so here is where you need to set up a wallet a wallet is what you finish with your cryptocurrency Mine Namecoin