Mining Namecoin With Asics 2022

explain topics of the cryptocurrency world…Mining Namecoin With Asics. utilizing analogies stories and examples so that you can quickly understand 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 means for individuals getting into the complicated crypto area before we in fact get to understanding the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at white boards crypto we enjoy using examples so that’s exactly what we’re going to be utilizing to assist you understand dns so dns means domain name service which is a fancy way of stating that it is an useful service which allows us humans to enter human legible addresses into the search bar and then it will immediately turn them into maker understandable addresses so the majority of you are probably acquainted with ip addresses and those are precisely how a computer at one end of the web knows how to talk particularly to another computer elsewhere and not just scream it into the void 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 looking for them and after that grabs a bundle back to send to you now the bundle is then unpacked by your computer system to reveal you the totality of the google.com web page utilizing complex math and software all of this

communication occurs behind the scenes however to you it’s simple 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 webs due to the fact that it makes good sense to us so that’s basically 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 simply mentioned other than it’s for ethereum ens represents ethereum name service and practically lets me inform you that whiteboardcrypto.eth is my wallet address so you can just 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 listed below it’s totally free and it rewards all our effort on this video and the past hundred that we’ve been really hard at work developing however anyways if you’re not utilized to understanding crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d need to share

Current domain name register to launch domain 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 name you can move it to anywhere you desire whatever wallet you want with ease fine so now let’s jump into my laptop and get into the guide area of the video where i want to show you unstoppable domain how to get a domain name how to set up a specific wallet so you can attach the domain that you bought to your wallet and so on so you can really comprehend how to appropriately utilize unstoppable domain names so let’s get going welcome to my laptop computer let’s begin so this is unstoppable domains.com now to begin with this site is really easy you just come here and then you enter the domain that you want right here and after that click search now i desire simply want to discuss that they do have specific cost 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 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 believe i’ll pass but anyways let me proceed and just include this to cart 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 charge card paypal crypto or you can pay with the crypto.com app and i actually like i like that it’s flexible i like it’s that it’s not one of those strange 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 however payment entrance you wish to utilize fine which’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 site dot crypto and that’s it how to claim your crypto domain address now the reason you ‘d wish to go through the process and actually claim uh your domain addresses since one then you actually own it then two you can do whatever you desire with it if you want to go offer it on some kind of like nft marketplace you can go on and do that fine so much like when you purchase any kind of cryptocurrency from an exchange like uh coinbase for example what it is is just an iou it’s an iou till you in fact 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 claimed 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 few ways to declare your domain the first method is that you have to buy a claim with credits cost so that costs uh at this time 40 per domain name and so that’s spends for the gas fees you’re like what are gas costs look this the ethereum network you actually need to pay uh to move things on and off via gas costs second is you can pay the gas charges directly from your own wallet so if you already 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 but anyways to get started is very easy so we go here state if i want to declare this one make a website.crypto we’ll claim with ethereum right there declare process started so now we have to send the code by e-mail so click that therefore right over here we’ll jump 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 fine terrific 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 few various 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 start with metamask is simple meta mask there we go alright so we click here then we want to download it now click on that install metamask for chrome all right and let’s go ahead and contribute to chrome add extension and there we go fine so now the metamask app is installed on our web browser so we just click get going we are new to metamask so here is where you need to set up a wallet a wallet is what you make with your cryptocurrency Mining Namecoin With Asics