Namecoin Mining Calculator 2022

describe subjects of the cryptocurrency world…Namecoin Mining Calculator. using analogies stories and examples so that you can quickly understand them in this video we are going to be explaining what unstoppable domains is how they might be better than ens and what that suggests for people entering the complicated crypto space prior to 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 enjoy utilizing examples so that’s precisely what we’re going to be using to assist you understand dns so dns means domain name service which is an elegant way of stating that it is a valuable service which allows us human beings to key in human legible addresses into the search bar and after that it will immediately turn them into machine understandable addresses so the majority of you are most likely knowledgeable about ip addresses and those are precisely how a computer system at one end of the web knows how to talk specifically to another computer system elsewhere and not just shriek it into the void 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 trying to find them and after that grabs a plan back to send to you now the bundle is then unpacked by your computer system to reveal you the totality of the google.com web page utilizing complicated math and software application all of this

communication occurs behind the scenes but to you it’s simple and easy to use 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 confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and webs due to the fact that 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 essentially the very same thing that i simply mentioned except 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 merely type that in and pay me 20 if you want by the way if you don’t have 20 and you want to support the channel do not hesitate to leave a like below it’s totally free and it rewards all our hard work on this video and the past hundred that we have actually been actually hard at work creating however anyways if you’re not utilized to understanding crypto the alternative 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 register etc uh when you have a dot crypto dot zill any kind of blockchain based domain you can move it to anywhere you desire whatever wallet you want with ease okay so now let’s delve into my laptop and enter the guide section of the video where i wish to reveal you unstoppable domain names how to get a domain how to establish a particular wallet so you can attach the domain name that you purchased to your wallet etc so you can actually comprehend how to effectively use unstoppable domain so let’s get started welcome to my laptop computer let’s begin so this is unstoppable domains.com now to start with this website is extremely basic you simply come here and after that you type in the domain that you desire right here and then click on search now i desire simply wish to point out that they do have particular cost points for the number of characters are in the domain name that you wish to get so something over 8 characters will be 40 the smaller sized the domain name the more pricey 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 simply include this to haul for presentation functions we’ll go to the carts and that’s it fine and

You click on 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 truly like i like that it’s versatile i like it’s that it’s not one of those unusual crypto sites where you have to pay in cryptocurrency or you have to purchase unstoppable coin then exchange it or whatever no you can pay with however payment gateway you desire to use all right and that’s it and so as soon as 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 and that’s it how to declare your crypto domain address now the factor why you ‘d desire to go through the process and actually declare uh your domain addresses due to the fact that one then you actually own it then two you can do whatever you want 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 just like when you buy any type of cryptocurrency from an exchange like uh coinbase for example what it is is just an iou it’s an iou until you actually move the cryptocurrency from coinbase to your own wallet this is the exact same so this is on there this is you know it’s like a hot wallet i guess you understand this is you you haven’t claimed 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 ways to declare your domain name the first way is that you have to buy a claim with credits charge so that expenses uh at this time 40 per domain name and so that’s pays for the gas charges you’re like what are gas costs look this the ethereum network you in fact have to pay uh to move things on and off via gas costs number two is you can pay the gas fees 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 simply wait until august so then they’ll have a scaling option that makes it easy to claim but anyways to get started is very basic so we go here state if i desire to claim this one make a website.crypto we’ll claim with ethereum right there claim procedure started so now we have to send the code by email so click that and so 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 right click copy paste there we go boom put that in okay great now you’re like whoa what do i do select wallet for declaring 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 couple of various wallets that they suggest 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 utilize metamask so to start with metamask is easy meta mask there we go alright so we click here then we want to download it now click that set up metamask for chrome alright and let’s go on and contribute to chrome add extension and there we go fine so now the metamask app is set up on our internet browser so we simply click on start we are brand-new to metamask so here is where you need to establish a wallet a wallet is what you make with your cryptocurrency Namecoin Mining Calculator