Namecoin Market Cap 2022

describe subjects of the cryptocurrency world…Namecoin Market Cap. utilizing examples stories and examples so that you can easily comprehend them in this video we are going to be describing what unstoppable domains is how they might be much better than ens and what that suggests for people getting into the complicated crypto area before we really get to understanding the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we like using examples so that’s precisely what we’re going to be utilizing to assist you comprehend dns so dns means domain service which is a fancy way of stating that it is an useful service which allows us people to enter human understandable addresses into the search bar and after that it will automatically turn them into machine readable addresses so most of you are probably acquainted with ip addresses and those are precisely how a computer 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 enter google.com and you hit enter your computer sends a message to your internet service provider saying yo where’s google the internet service provider discovers and goes to where google is tells them that you are looking for them and after that gets a plan back to send to you now the bundle is then unpacked by your computer system to reveal you the whole of the google.com web page using complex math and software application all of this

communication occurs behind the scenes however to you it’s simple and easy to use in fact if we needed to key 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 nets since it makes 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 very same thing that i simply mentioned other than it’s for ethereum ens represents ethereum name service and basically lets me tell you that whiteboardcrypto.eth is my wallet address so you can merely 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 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 producing but anyways if you’re not utilized to comprehending crypto the alternative to sharing white boards crypto.eth with someone is i ‘d need to share

Current domain register to release domain name or in order to move it over to this other domain name register etc uh when you have a dot crypto dot zill any type of blockchain based domain you can move it to wherever you desire whatever wallet you want with ease fine so now let’s jump into my laptop and enter into the tutorial section of the video where i wish to show you unstoppable domain how to get a domain name how to establish a specific wallet so you can connect the domain name that you purchased to your wallet etc so you can actually understand how to appropriately 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 started with this website is very basic you simply come here and after that you key in the domain name that you desire right here and after that click on search now i desire just wish to discuss that they do have specific rate 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 example 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 ahead and just include this to haul for demonstration functions we’ll go to the carts and that’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 flexible 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 purchase unstoppable coin then exchange it or whatever no you can pay with however payment entrance you want to use fine which’s it and so once 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 site dot crypto and that’s it how to claim your crypto domain address now the reason you ‘d want to go through the process and really claim uh your domain addresses because one then you in fact own it then two you can do whatever you desire with it if you wish to go sell it on some type of like nft marketplace you can proceed and do that all right so much like when you buy any kind of cryptocurrency from an exchange like uh coinbase for example what it is is just 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 understand it resembles 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 just want to briefly reference at the time of this video that there are a few ways to declare your domain name the very first method is that you need to purchase a claim with credits charge so that costs uh at this time 40 per domain name therefore that’s spends for the gas charges you resemble what are gas costs look this the ethereum network you really need to pay uh to move things on and off by means of gas charges 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 up until august so then they’ll have a scaling option that makes it simple to claim however anyways to get started is extremely simple so we go here say if i wish to claim this one make a website.crypto we’ll declare with ethereum right there declare process began so now we have to send the code by e-mail so click that therefore right over here we’ll jump 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 simply highlight that ideal click copy paste there we go boom put that in alright 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 different 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 utilize metamask so to get start with metamask is easy meta mask there we go okay so we click here then we want to download it now click on that set up metamask for chrome all right and let’s proceed and contribute to chrome include extension and there we go fine so now the metamask app is set up on our browser so we just click on get going we are new to metamask so here is where you need to set up a wallet a wallet is what you do with your cryptocurrency Namecoin Market Cap