Namecoin All Time High 2022

discuss topics of the cryptocurrency world…Namecoin All Time High. 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 better than ens and what that indicates for individuals getting into the complicated crypto space prior to we in fact get to comprehending the power of unstoppable domains the first thing we’ll need to do is understand dns here at white boards crypto we enjoy using examples so that’s precisely what we’re going to be utilizing to help you comprehend dns so dns stands for domain service which is an expensive method of stating that it is a handy service which allows us human beings to key in human legible addresses into the search bar and then it will immediately turn them into maker readable addresses so most of you are most likely knowledgeable about ip addresses and those are precisely how a computer system at one end of the internet understands how to talk particularly to another computer elsewhere and not simply scream it into the abyss that is the web when you key in google.com and you hit enter your computer system sends 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 looking for them and after that grabs a plan back to send to you now the package is then unpacked by your computer to reveal you the whole of the google.com home page utilizing complex mathematics and software application all of this

communication occurs behind the scenes but to you it’s easy 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 confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and webs because it makes sense to us so that’s basically 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 just discussed other than it’s for ethereum ens represents ethereum name service and pretty much 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 below it’s complimentary and it rewards all our effort on this video and the past hundred that we’ve been truly hard at work developing however anyways if you’re not used to comprehending crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d need to share

Existing domain register to release domain 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 move it to anywhere you desire whatever wallet you want with ease okay so now let’s jump into my laptop and get into the tutorial area of the video where i wish to show you unstoppable domain how to get a domain name how to set up a particular wallet so you can connect the domain name that you bought to your wallet etc so you can truly understand how to effectively utilize unstoppable domain names so let’s start welcome to my laptop let’s begin so this is unstoppable domains.com now to get going with this site is very simple you just come here and then you key in the domain name that you desire right here and then click on search now i desire simply want to discuss that they do have particular cost points for how many characters are in the domain name that you want 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 example if i was come here and i key in my last name 2 400 uh i believe i’ll pass but anyways let me proceed and simply include this to haul for demonstration functions we’ll go to the carts which’s it alright and

then 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 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 need to buy unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you wish to utilize fine which’s it therefore when you’re all set then you’ll have your my domain name list in your account therefore we have right down there so i own my name dot crypto and make a site dot crypto which’s it how to declare your crypto domain address now the reason you ‘d wish to go through the process and actually declare 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 kind of like nft market you can proceed and do that alright so just like when you buy 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 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 couple of ways to claim your domain the very first way is that you have to acquire a claim with credits charge so that costs uh at this time 40 per domain and so that’s pays for the gas fees you’re like what are gas fees look this the ethereum network you really need to pay uh to move things on and off by means of gas costs number two 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 just wait up until august so then they’ll have a scaling solution that makes it easy to claim however anyways to begin is very easy so we go here state if i want to claim this one make a website.crypto we’ll claim with ethereum right there declare procedure started so now we have to send the code by email 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 right click copy paste there we go boom put that in fine great now you resemble whoa what do i do choose 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

use 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 use metamask so to start with metamask is easy meta mask there we go all right so we click on this link then we wish to download it now click on that install metamask for chrome okay and let’s go ahead and contribute to chrome include extension and there we go alright so now the metamask app is installed on our browser so we just click get started we are brand-new to metamask so here is where you need to establish a wallet a wallet is what you finish with your cryptocurrency Namecoin All Time High