Namecoin Forum 2022

discuss subjects of the cryptocurrency world…Namecoin Forum. utilizing analogies stories and examples so that you can easily understand 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 means for people entering the complicated crypto space before we really get to understanding the power of unstoppable domains the first thing we’ll need to do is understand dns here at whiteboard crypto we enjoy using examples so that’s exactly what we’re going to be using to assist you understand dns so dns stands for domain service which is an elegant method 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 device legible addresses so the majority of you are probably familiar 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 shout it into the abyss 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 reveal you the whole of the google.com home page utilizing complicated math and software application all of this

communication takes place behind the scenes but to you it’s simple and user friendly in fact if we needed to key in 8.8.8.8 into the url bar instead of google.com a lot more individuals would be confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and nets since it makes good sense to us so that’s essentially what a dns is a translator for human beings to speak machine code next up let’s see how this works for crypto ens is basically the same thing that i simply mentioned 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 just 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 hard work on this video and the past hundred that we have actually been truly 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 have to share

Current domain name 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 anywhere you want whatever wallet you desire with ease okay so now let’s jump into my laptop computer and get into the tutorial area of the video where i want to reveal you unstoppable domain names how to get a domain how to establish a particular wallet so you can connect the domain that you bought to your wallet etc so you can truly understand how to effectively use unstoppable domain so let’s start welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get started with this site is very basic you just come here and after that you enter the domain name that you desire right here and after that click on search now i desire simply wish to point out that they do have particular price points for the number of characters remain in the domain name 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 type in my surname 2 400 uh i believe i’ll pass but anyways let me go on and just add this to cart for presentation purposes we’ll go to the carts which’s it all right and

then you click on here checkout and that’s it therefore you can pay with a credit card paypal crypto or you can pay with the crypto.com app and i truly 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 have to purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you want to utilize alright and that’s it and so 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 website dot crypto which’s it how to declare your crypto domain address now the reason you ‘d wish to go through the process and in fact claim uh your domain addresses due to the fact that one then you in fact 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 go ahead and do that all right so similar to when you purchase any kind of cryptocurrency from an exchange like uh coinbase for instance 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 resembles a hot wallet i think you understand this is you you have not declared it yet so it’s an iou that you own this therefore i simply wish to briefly mention at the time of this video that there are a few methods to declare your domain the first way is that you have to purchase a claim with credits charge so that expenses uh at this time 40 per domain therefore that’s spends for the gas charges you resemble what are gas charges look this the ethereum network you really have to pay uh to move things on and off via gas charges number two is you can pay the gas costs directly 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 just wait until august so then they’ll have a scaling option that makes it easy to claim however anyways to begin is extremely basic so we go here state if i wish to claim this one make a website.crypto we’ll claim with ethereum right there declare procedure started so now we have to send out the code by e-mail so click that and so right over here we’ll leap 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 just highlight that right click copy paste there we go boom put that in fine excellent now you’re like 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 few different 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 using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re simply going to utilize metamask so to get going 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 that set up metamask for chrome alright and let’s proceed and add to chrome include extension and there we go fine so now the metamask app is installed on our browser so we just click on begin we are brand-new to metamask so here is where you need to set up a wallet a wallet is what you make with your cryptocurrency Namecoin Forum