Namecoin Marketcap 2022

discuss subjects of the cryptocurrency world…Namecoin Marketcap. utilizing examples 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 indicates for individuals entering into the complicated crypto space before we actually 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 enjoy 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 a fancy method of stating that it is a helpful service which permits us human beings to enter human readable addresses into the search bar and after that it will instantly turn them into device readable addresses so most of you are most likely acquainted with ip addresses and those are precisely how a computer system at one end of the internet knows how to talk specifically to another computer system elsewhere and not just scream it into the abyss that is the web when you type in google.com and you struck enter your computer system 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 trying to find them and after that gets a bundle back to send to you now the bundle is then unpacked by your computer to reveal you the totality of the google.com home page utilizing complex mathematics and software application all of this

communication occurs behind the scenes but to you it’s easy 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 don’t speak in numbers or ip addresses we speak in dot coms dot orgs and nets due to the fact that it makes good 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 essentially the same thing that i just discussed except it’s for ethereum ens means ethereum name service and practically lets me tell you that whiteboardcrypto.eth is my wallet address so you can simply 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 hard work on this video and the past hundred that we have actually been truly hard at work creating but anyways if you’re not used to comprehending crypto the option to sharing white boards crypto.eth with someone is i ‘d have to share

Present 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 kind of blockchain based domain name you can move it to any place you want whatever wallet you desire with ease fine so now let’s delve into my laptop and get into the tutorial section of the video where i wish to reveal you unstoppable domain how to get a domain name how to set up a particular wallet so you can connect the domain name that you bought to your wallet and so on so you can really understand how to appropriately utilize unstoppable domain names so let’s start welcome to my laptop computer let’s start so this is unstoppable domains.com now to get going with this website is very basic you just come here and then you type in the domain that you want right here and after that click search now i desire just wish to point out that they do have specific cost points for the number of characters remain in the domain name that you want to get so something over 8 characters will be 40 the smaller sized the domain name the more expensive it’s going to be so for example if i was come here and i key in my last name 2 400 uh i believe i’ll pass but anyways let me go on and just include this to cart for presentation functions we’ll go to the carts which’s it fine and

then you click on 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 really like i like that it’s flexible i like it’s that it’s not one of those unusual 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 however payment entrance you wish to utilize alright and that’s it therefore once 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 actually claim uh your domain addresses since one then you in fact own it then 2 you can do whatever you desire with it if you want to go offer it on some type of like nft market you can go ahead and do that fine so similar to 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 until you really 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 guess you know this is you you haven’t declared it yet so it’s an iou that you own this and so i simply want to briefly mention at the time of this video that there are a few methods to claim your domain name the first way is that you need to buy a claim with credits cost so that expenses uh at this time 40 per domain name and so that’s spends for the gas costs you resemble what are gas fees look this the ethereum network you in fact need to pay uh to move things on and off through gas fees number two is you can pay the gas fees straight 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 just wait until august so then they’ll have a scaling option that makes it simple to claim however anyways to get going is very easy so we go here say if i want to claim this one make a website.crypto we’ll claim with ethereum right there declare procedure started so now we have to send the code by email so click that therefore right over here we’ll leap over here and await 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 alright great now you resemble whoa what do i do choose wallet for claiming 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 different wallets that they recommend 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 simply going to utilize metamask so to begin with metamask is simple meta mask there we go alright so we click here then we want to download it now click on that set up metamask for chrome okay and let’s go on and add to chrome include extension and there we go all right so now the metamask app is set up on our internet 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 Marketcap