Namecoin Current Price 2022

describe topics of the cryptocurrency world…Namecoin Current Price. utilizing examples stories and examples so that you can quickly understand 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 means for people entering into the complex crypto area before we actually get to comprehending the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at white boards crypto we like utilizing examples so that’s exactly what we’re going to be using to help you comprehend dns so dns means domain name service which is an elegant method of stating that it is a valuable service which enables us people to key in human understandable addresses into the search bar and after that it will immediately turn them into machine understandable addresses so the majority of you are probably familiar with ip addresses and those are precisely how a computer system at one end of the web knows how to talk specifically to another computer elsewhere and not simply shout it into the void that is the web when you key in google.com and you struck enter your computer system 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 looking for them and after that grabs a plan back to send out to you now the bundle is then unpacked by your computer to show you the totality of the google.com web page using complicated mathematics and software application all of this

interaction takes place behind the scenes however to you it’s simple and user friendly in fact if we had to key in 8.8.8.8 into the url bar instead of google.com a lot more individuals would be puzzled 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 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 basically the very same thing that i simply discussed other than it’s for ethereum ens means ethereum name service and pretty much 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 want 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 have actually been really hard at work creating however anyways if you’re not used to understanding crypto the option to sharing whiteboard crypto.eth with someone is i ‘d need to share

Existing domain 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 transfer it to any place you want whatever wallet you want with ease okay so now let’s delve into my laptop computer and get into the guide area of the video where i want to reveal you unstoppable domain names how to get a domain name how to set up a specific wallet so you can connect the domain name that you purchased to your wallet etc so you can really understand how to correctly use unstoppable domain so let’s get going welcome to my laptop computer let’s begin so this is unstoppable domains.com now to begin with this website is really simple you just come here and after that you enter the domain name that you want right here and then click search now i desire simply want to mention that they do have specific rate points for the number of characters are in the domain that you want 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 instance if i was come here and i type in my last name 2 400 uh i think i’ll pass but anyways let me go on and just include this to cart for presentation functions we’ll go to the carts and that’s it fine and

then you click here checkout which’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 versatile i like it’s that it’s not one of those odd crypto websites where you have to pay in cryptocurrency or you need to buy unstoppable coin then exchange it or whatever no you can pay with however payment gateway you wish to utilize all right which’s it therefore when 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 and that’s it how to claim your crypto domain address now the reason why you ‘d want to go through the procedure and really declare uh your domain addresses since one then you really own it then 2 you can do whatever you desire with it if you want to go offer it on some kind of like nft market you can go on and do that fine so just like when you buy any type of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou till 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 know this is you you have not claimed 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 methods to declare your domain the first way is that you have to acquire a claim with credits cost so that costs uh at this time 40 per domain name therefore that’s pays for the gas fees you resemble what are gas costs look this the ethereum network you in fact have to pay uh to move things on and off through gas fees second is you can pay the gas fees straight from your own wallet so if you currently have a wallet established 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 solution that makes it simple to claim but anyways to get going is extremely simple so we go here state if i wish to declare this one make a website.crypto we’ll claim with ethereum right there claim process started so now we need to send the code by e-mail so click that and so right over here we’ll jump 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 simply highlight that best click copy paste there we go boom put that in fine great now you’re like whoa what do i do select 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 couple of various 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 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 begin with metamask is simple meta mask there we go okay so we click here then we want to download it now click that set up metamask for chrome okay and let’s proceed and add to chrome include extension and there we go all right so now the metamask app is installed on our browser so we just click start we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you finish with your cryptocurrency Namecoin Current Price