Namecoin/Dot 2022

describe subjects of the cryptocurrency world…Namecoin/Dot. utilizing analogies stories and examples so that you can quickly comprehend them in this video we are going to be discussing what unstoppable domains is how they might be better than ens and what that indicates for people entering the complicated crypto area before we really get to understanding the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we enjoy utilizing examples so that’s precisely what we’re going to be using to assist you understand dns so dns represents domain service which is an elegant method of saying that it is an useful service which enables us human beings to type in human understandable addresses into the search bar and then it will immediately turn them into device understandable addresses so most of you are probably 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 yell it into the void that is the web when you key in google.com and you struck enter your computer 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 searching for them and after that gets a bundle back to send to you now the plan is then unpacked by your computer system to reveal you the whole of the google.com web page using complicated mathematics and software all of this

interaction occurs behind the scenes but to you it’s basic and easy to use in fact if we needed to type in 8.8.8.8 into the url bar instead of google.com a lot more people would be puzzled right we don’t 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 basically the very same thing that i just discussed except it’s for ethereum ens represents ethereum name service and basically lets me inform 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 want to support the channel feel free to leave a like listed below it’s complimentary and it rewards all our hard work on this video and the past hundred that we’ve been really hard at work developing but anyways if you’re not used to comprehending crypto the option to sharing whiteboard crypto.eth with somebody is i ‘d need to share

Current domain register to launch domain name 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 any place you want whatever wallet you want with ease alright so now let’s delve into my laptop and get into the guide area of the video where i wish to show you unstoppable domain names how to get a domain how to set up a specific wallet so you can attach the domain name that you bought to your wallet etc so you can really understand how to appropriately utilize unstoppable domain so let’s get going welcome to my laptop let’s begin so this is unstoppable domains.com now to begin with this website is really basic you just come here and after that you enter the domain name that you desire right here and then click on search now i want just want to point out that they do have particular price points for the number of characters are in the domain name that you want 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 key in my surname 2 400 uh i believe i’ll pass but anyways let me go ahead and simply include this to cart for demonstration functions we’ll go to the carts which’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 really like i like that it’s flexible i like it’s that it’s not one of those strange crypto websites where you need to pay in cryptocurrency or you need to purchase unstoppable coin then exchange it or whatever no you can pay with however payment gateway you wish to utilize alright and that’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 which’s it how to claim your crypto domain address now the reason why you ‘d wish to go through the process and in fact declare uh your domain addresses because one then you really own it then two you can do whatever you want with it if you wish to go offer it on some kind of like nft marketplace you can go on and do that all right so much like when you purchase any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is simply an iou it’s an iou up until you actually move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you know it’s like a hot wallet i think you know this is you you haven’t claimed it yet so it’s an iou that you own this therefore i just wish to briefly mention at the time of this video that there are a few methods to declare your domain name the first way is that you have to buy a claim with credits cost so that costs uh at this time 40 per domain and so that’s pays for the gas fees you resemble what are gas charges look this the ethereum network you really need to pay uh to move things on and off by means of gas fees second is you can pay the gas fees straight from your own wallet so if you already 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 service that makes it simple to claim but anyways to get started is very simple so we go here state if i want to declare this one make a website.crypto we’ll declare with ethereum right there claim process began so now we need to send the code by email 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 fine terrific now you resemble whoa what do i do pick wallet for declaring 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 couple of various wallets that they advise 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 just going to use metamask so to get going with metamask is simple meta mask there we go all right so we click on this link then we want to download it now click that set up metamask for chrome fine and let’s go ahead and contribute to chrome add extension and there we go fine so now the metamask app is installed on our browser so we just click begin 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/Dot