Namecoin 2018 2022

describe subjects of the cryptocurrency world…Namecoin 2018. utilizing analogies 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 much better than ens and what that means for individuals entering the complex crypto space before we in fact get to comprehending the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at whiteboard crypto we like using examples so that’s precisely what we’re going to be utilizing to help you understand dns so dns represents domain service which is an elegant way of stating that it is a handy service which allows us people to type in human understandable addresses into the search bar and after that it will immediately turn them into maker understandable addresses so the majority of you are most likely familiar with ip addresses and those are exactly how a computer system at one end of the web knows how to talk specifically to another computer somewhere else and not simply yell it into the abyss 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 discovers and goes to where google is tells them that you are trying to find them and then gets a bundle 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 utilizing complex math and software all of this

communication happens behind the scenes but to you it’s easy 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 individuals would be confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and internet 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 basically the very same thing that i just mentioned other than it’s for ethereum ens means ethereum name service and basically lets me inform you that whiteboardcrypto.eth is my wallet address so you can simply type that in and pay me 20 if you desire by the way if you do not have 20 and you wish to support the channel feel free 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 really hard at work producing however anyways if you’re not utilized to understanding crypto the alternative to sharing white boards crypto.eth with someone is i ‘d need to share

Existing domain name register to release 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 wherever you desire whatever wallet you want with ease all right so now let’s delve into my laptop computer and get into the tutorial section of the video where i wish to show you unstoppable domain names how to get a domain how to establish a particular wallet so you can connect the domain that you purchased to your wallet and so on so you can actually comprehend how to correctly use unstoppable domain so let’s get going welcome to my laptop let’s start so this is unstoppable domains.com now to begin with this site is very simple you simply come here and after that you key in the domain name that you desire right here and after that click on search now i want simply 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 the domain the more costly it’s going to be so for example if i was come here and i key in my surname 2 400 uh i believe i’ll pass but anyways let me go on and just add this to haul for presentation purposes we’ll go to the carts and that’s it fine and

then you click on here checkout and that’s it and so 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 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 nevertheless payment gateway you want to use alright which’s it therefore as soon as 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 website dot crypto which’s it how to declare your crypto domain address now the reason why you ‘d want to go through the procedure and actually claim uh your domain addresses since one then you really own it then two you can do whatever you desire with it if you want to go offer it on some type of like nft market you can go ahead and do that fine so much like when you purchase any type of cryptocurrency from an exchange like uh coinbase for instance what it is is just 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 have not declared it yet so it’s an iou that you own this and so i just wish to briefly reference at the time of this video that there are a few ways to claim your domain name the first way is that you have to purchase a claim with credits charge so that costs uh at this time 40 per domain therefore that’s pays for the gas costs you’re like what are gas costs look this the ethereum network you in fact need to pay uh to move things on and off via gas charges second is you can pay the gas costs directly from your own wallet so if you already have a wallet established 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 solution that makes it simple to claim however anyways to start is very simple so we go here state if i wish 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 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 ideal click copy paste there we go boom put that in alright great 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 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 simply going to utilize metamask so to start with metamask is easy meta mask there we go alright so we click on this link then we wish 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 browser so we simply click on begin we are new to metamask so here is where you need to set up a wallet a wallet is what you finish with your cryptocurrency Namecoin 2018