Namecoin Button 2022

explain subjects of the cryptocurrency world…Namecoin Button. using analogies stories and examples so that you can easily comprehend 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 suggests for people entering the complex crypto area prior to we really get to understanding the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we love using examples so that’s exactly what we’re going to be using to help you comprehend dns so dns represents domain name service which is a fancy way of stating that it is a practical service which permits us humans to enter human understandable addresses into the search bar and then it will automatically turn them into maker understandable addresses so the majority of you are most likely acquainted with ip addresses and those are exactly how a computer at one end of the web understands how to talk particularly to another computer elsewhere and not simply yell it into the void that is the web when you type in google.com and you struck enter your computer sends out 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 searching for them and then grabs a package back to send to you now the package is then unpacked by your computer system to reveal you the whole of the google.com home page utilizing complicated math and software application all of this

communication occurs behind the scenes however to you it’s basic 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 webs because it makes good sense to us so that’s basically what a dns is a translator for humans 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 means ethereum name service and practically lets me inform you that whiteboardcrypto.eth is my wallet address so you can merely type that in and pay me 20 if you want 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 free and it rewards all our hard work on this video and the past hundred that we’ve been actually hard at work producing but 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

Current domain register to launch 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 want whatever wallet you desire with ease all right so now let’s jump into my laptop computer and enter into the guide section of the video where i wish to show you unstoppable domain names how to get a domain name how to set up a specific wallet so you can connect the domain that you bought to your wallet etc so you can really understand how to correctly use unstoppable domain names so let’s start welcome to my laptop computer let’s begin so this is unstoppable domains.com now to start with this website is really simple you just come here and after that you key in the domain name that you want right here and then click on search now i desire just want to discuss that they do have particular cost points for how many characters remain in the domain name that you wish to get so something over 8 characters will be 40 the smaller sized the domain 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 think i’ll pass however anyways let me go ahead and just include this to haul for demonstration functions we’ll go to the carts which’s it okay 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 flexible 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 purchase unstoppable coin then exchange it or whatever no you can pay with however payment gateway you want to use okay and that’s it and so when 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 website 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 actually claim uh your domain addresses since one then you in fact own it then two you can do whatever you desire with it if you desire to go sell it on some type of like nft marketplace 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 till you really move the cryptocurrency from coinbase to your own wallet this is the exact same so this is on there this is you understand it’s like a hot wallet i guess you understand this is you you have not claimed it yet so it’s an iou that you own this and so i just desire to briefly mention at the time of this video that there are a few methods to declare your domain name the very first way is that you have to purchase a claim with credits charge so that costs uh at this time 40 per domain name and so that’s pays for the gas costs you’re like what are gas costs look this the ethereum network you in fact have to pay uh to move things on and off through gas charges number two is you can pay the gas charges directly from your own wallet so if you currently have a wallet set up and you have ethereum in there you can pay with your own ethereum or you can simply wait up until august so then they’ll have a scaling option that makes it simple to claim but anyways to get begun is very simple so we go here state if i want to claim this one make a website.crypto we’ll declare with ethereum right there declare process began so now we have to send out the code by e-mail so click that and so right over here we’ll jump over here and wait for 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 okay great now you’re like whoa what do i do choose wallet for declaring 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 different wallets that they suggest 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 simply going to use metamask so to get start with metamask is easy meta mask there we go alright so we click here then we want to download it now click that install metamask for chrome okay and let’s go on and contribute to chrome add extension and there we go all right so now the metamask app is installed on our internet browser so we simply click start we are new to metamask so here is where you have to set up a wallet a wallet is what you make with your cryptocurrency Namecoin Button