Namecheap Namecoin 2022

describe subjects of the cryptocurrency world…Namecheap Namecoin. using analogies stories and examples so that you can easily 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 implies for individuals entering the complex crypto area before we actually get to understanding the power of unstoppable domains the first thing we’ll need to do is understand dns here at white boards crypto we love using examples so that’s exactly what we’re going to be using to help you understand dns so dns stands for domain name service which is an elegant method of saying that it is a helpful service which allows us people to key in human understandable addresses into the search bar and after that it will automatically turn them into device readable addresses so the majority of you are probably acquainted 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 simply scream it into the abyss that is the web when you enter google.com and you struck enter your computer system 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 then gets a plan back to send to you now the package is then unpacked by your computer to show you the entirety of the google.com home page utilizing complicated mathematics and software all of this

communication takes place behind the scenes however to you it’s basic and easy to use in fact if we had to type in 8.8.8.8 into the url bar instead of google.com a lot more people would be puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and internet since it makes good 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 just discussed except it’s for ethereum ens means ethereum name service and basically lets me tell 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 do not have 20 and you want to support the channel do not hesitate to leave a like below it’s totally free and it rewards all our effort on this video and the past hundred that we’ve been actually hard at work developing however anyways if you’re not used to understanding crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d have to share

Current domain register to release domain or in order to move it over to this other domain register etc uh when you have a dot crypto dot zill any type of blockchain based domain you can move it to wherever you want whatever wallet you desire with ease all right so now let’s delve into my laptop and enter into the guide section of the video where i want to show you unstoppable domain how to get a domain how to establish a particular wallet so you can connect the domain that you bought to your wallet etc so you can truly comprehend how to correctly use unstoppable domain names so let’s get started welcome to my laptop computer let’s begin so this is unstoppable domains.com now to start with this website is really simple you simply come here and after that you type in the domain that you desire right here and after that click on search now i desire simply wish to discuss that they do have specific rate points for the number of characters remain in the domain that you wish to get so something over 8 characters will be 40 the smaller the domain name the more expensive 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 on and simply add this to haul for demonstration functions we’ll go to the carts and that’s it all right 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 weird crypto websites where you have 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 desire to use fine and that’s it and so 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 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 declare uh your domain addresses because one then you actually own it then 2 you can do whatever you desire with it if you desire to go offer it on some type of like nft market you can go ahead and do that all right so just like when you purchase any type of cryptocurrency from an exchange like uh coinbase for example what it is is just an iou it’s an iou up until you in fact 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 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 claim your domain name the very first way is that you have to purchase 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 via gas fees number 2 is you can pay the gas costs 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 simply wait until august so then they’ll have a scaling service that makes it easy to claim however anyways to get begun is very basic so we go here say if i desire to declare this one make a website.crypto we’ll claim with ethereum right there declare procedure started so now we have to send out the code by email 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 all right great now you’re like whoa what do i do pick 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 couple of different 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 utilize metamask so to get start with metamask is easy meta mask there we go alright so we click here then we wish to download it now click that set up metamask for chrome okay and let’s proceed and contribute to chrome add extension and there we go alright so now the metamask app is set up on our web browser so we simply click on get going we are new to metamask so here is where you have to establish a wallet a wallet is what you finish with your cryptocurrency Namecheap Namecoin