Namecoin Coinmarketcap 2022

describe subjects of the cryptocurrency world…Namecoin Coinmarketcap. utilizing examples stories and examples so that you can quickly comprehend them in this video we are going to be explaining what unstoppable domains is how they might be much better than ens and what that indicates for individuals entering into the complicated crypto area before we really get to comprehending the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at whiteboard crypto we love utilizing examples so that’s exactly what we’re going to be utilizing to help you understand dns so dns stands for domain name service which is a fancy way of saying that it is a valuable service which enables us people to enter human understandable addresses into the search bar and after that it will immediately turn them into maker readable addresses so the majority of you are most likely knowledgeable about ip addresses and those are precisely how a computer at one end of the web knows how to talk particularly to another computer system somewhere else and not simply shout it into the abyss that is the web when you key in google.com and you hit enter your computer sends out a message to your internet service provider stating yo where’s google the internet service provider finds out and goes to where google is tells them that you are trying to find them and after that grabs a bundle back to send to you now the package is then unpacked by your computer system to reveal you the entirety of the google.com home page using complex math and software application all of this

interaction happens behind the scenes but to you it’s easy and easy to use in fact if we had 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 nets because 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 very same thing that i simply discussed other than it’s for ethereum ens means ethereum name service and practically lets me tell you that whiteboardcrypto.eth is my wallet address so you can just type that in and pay me 20 if you want 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 hard work on this video and the past hundred that we have actually been truly hard at work producing however anyways if you’re not used to understanding crypto the alternative to sharing white boards crypto.eth with someone is i ‘d have to share

Current domain name register to release domain name 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 any place you want whatever wallet you desire with ease okay so now let’s jump into my laptop computer and enter the guide section of the video where i wish to reveal you unstoppable domain how to get a domain name how to set up a particular wallet so you can attach the domain name that you purchased to your wallet and so on so you can actually comprehend how to properly utilize unstoppable domain so let’s begin welcome to my laptop let’s begin so this is unstoppable domains.com now to start with this website is extremely easy you simply come here and then you type in the domain name that you want right here and after that click search now i desire simply want to discuss that they do have particular price points for the number of characters are in the domain that you wish to get so something over 8 characters will be 40 the smaller the domain the more pricey it’s going to be so for instance if i was come here and i enter my surname 2 400 uh i think i’ll pass however anyways let me proceed and just add this to haul for presentation purposes we’ll go to the carts which’s it alright and

then you click here checkout which’s it and so you can pay with a charge card paypal crypto or you can pay with the crypto.com app and i truly like i like that it’s versatile 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 purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you want to utilize okay and that’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 why you ‘d wish to go through the process and really declare uh your domain addresses due to the fact that one then you really own it then 2 you can do whatever you desire with it if you want to go sell it on some type of like nft marketplace you can go on and do that alright so just like when you buy any type of cryptocurrency from an exchange like uh coinbase for instance what it is is simply 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 think you understand this is you you have not claimed it yet so it’s an iou that you own this therefore i simply want to briefly reference at the time of this video that there are a few methods to claim your domain the very first method is that you have to purchase a claim with credits cost so that costs uh at this time 40 per domain and so that’s spends for the gas fees you’re like what are gas fees look this the ethereum network you actually need to pay uh to move things on and off through gas costs 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 until august so then they’ll have a scaling service that makes it simple to claim however anyways to start is very easy so we go here state if i wish to claim this one make a website.crypto we’ll declare with ethereum right there claim process started so now we have to send the code by email so click that therefore right over here we’ll jump over here and wait on 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 all right great now you resemble 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 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 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 want to download it now click on that set up metamask for chrome okay and let’s go on and add to chrome include extension and there we go okay so now the metamask app is installed on our internet browser so we simply click begin 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 Coinmarketcap