Namecoin Ico 2022

describe subjects of the cryptocurrency world…Namecoin Ico. using 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 better than ens and what that implies for individuals getting into the complicated crypto area prior to we in fact get to understanding the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at white boards crypto we love utilizing examples so that’s precisely what we’re going to be utilizing to assist you understand dns so dns means domain name service which is an elegant method of stating that it is a practical service which allows us people to enter human readable addresses into the search bar and then it will instantly turn them into machine legible addresses so the majority of you are most likely familiar with ip addresses and those are exactly how a computer system at one end of the web understands how to talk specifically to another computer system elsewhere and not simply shriek it into the abyss that is the web when you enter google.com and you hit enter your computer system sends 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 searching for them and then grabs a bundle back to send out to you now the plan is then unpacked by your computer system to reveal you the totality of the google.com web page utilizing complicated mathematics and software all of this

communication takes place behind the scenes however to you it’s simple and user friendly 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 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 human beings to speak machine code next up let’s see how this works for crypto ens is essentially the very same thing that i just 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 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 do not hesitate to leave a like listed below it’s complimentary and it rewards all our effort on this video and the past hundred that we’ve been actually hard at work creating but anyways if you’re not utilized to understanding crypto the option to sharing white boards crypto.eth with someone is i ‘d need to share

Current domain name register to launch 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 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 jump into my laptop and get into the guide area of the video where i want to reveal you unstoppable domain names how to get a domain how to set up a particular wallet so you can connect the domain that you purchased to your wallet and so on so you can really understand how to effectively utilize unstoppable domain so let’s get started welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get going with this website is very easy you simply come here and then you enter the domain name that you desire right here and after that click search now i want simply wish to point out that they do have particular cost points for how many characters remain in the domain name that you want to get so something over 8 characters will be 40 the smaller 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 on and just include this to cart for demonstration functions we’ll go to the carts which’s it fine and

then you click 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 actually 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 buy unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you wish to use alright which’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 website dot crypto which’s it how to claim your crypto domain address now the reason why you ‘d wish to go through the procedure and really claim uh your domain addresses because one then you in fact own it then 2 you can do whatever you want with it if you want to go offer it on some kind of like nft market you can proceed and do that all right so much like when you purchase any kind of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou 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 know it resembles a hot wallet i guess you understand this is you you have not declared it yet so it’s an iou that you own this and so i just want to briefly mention at the time of this video that there are a couple of methods to declare your domain name the first way is that you have to acquire 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 in fact have to pay uh to move things on and off via gas fees second is you can pay the gas costs straight from your own wallet so if you already have a wallet established 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 solution that makes it easy to claim however anyways to get started is really simple so we go here state if i wish to claim this one make a website.crypto we’ll claim with ethereum right there declare process started so now we need to send the code by e-mail so click that therefore right over here we’ll leap 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 all right excellent 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 few different wallets that they recommend 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 just going to use metamask so to start with metamask is easy meta mask there we go okay so we click here then we want to download it now click that install metamask for chrome all right and let’s go on and add to chrome include extension and there we go alright so now the metamask app is installed on our web browser so we simply click on get going 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 Ico