Namecoin New Address Every Transaction 2022

discuss subjects of the cryptocurrency world…Namecoin New Address Every Transaction. 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 individuals getting into the complex crypto area prior to we really get to comprehending the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at white boards crypto we enjoy using examples so that’s precisely what we’re going to be using to assist you comprehend dns so dns represents domain service which is an elegant method of saying that it is a handy service which enables us humans to key in human readable addresses into the search bar and then it will immediately turn them into device understandable addresses so most 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 particularly to another computer system somewhere else and not just shriek it into the abyss that is the web when you enter google.com and you struck enter your computer sends a message to your internet service provider stating 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 package back to send to you now the bundle is then unpacked by your computer to reveal you the whole of the google.com home page utilizing complex math and software all of this

communication occurs behind the scenes however to you it’s basic and user friendly in fact if we had to key in 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 internet 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 very same thing that i just mentioned other than it’s for ethereum ens stands for ethereum name service and basically 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 do not have 20 and you wish to support the channel feel free to leave a like listed below it’s free and it rewards all our effort on this video and the past hundred that we have actually been actually hard at work producing but anyways if you’re not used to understanding crypto the alternative to sharing white boards crypto.eth with someone is i ‘d have 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 kind of blockchain based domain you can transfer it to any place you desire whatever wallet you desire with ease fine so now let’s jump into my laptop and get into the guide section of the video where i want to reveal you unstoppable domain how to get a domain how to set up a particular wallet so you can attach the domain name that you purchased to your wallet and so on so you can truly comprehend how to effectively use unstoppable domain names so let’s get going welcome to my laptop let’s begin so this is unstoppable domains.com now to begin with this website is very easy you simply come here and after that you type in the domain that you want right here and then click on search now i desire just want to mention that they do have particular price points for the number of characters are in the domain that you want to get so something over 8 characters will be 40 the smaller the domain the more costly it’s going to be so for instance if i was come here and i key in my last name 2 400 uh i believe i’ll pass however anyways let me go on and simply add this to cart for demonstration functions we’ll go to the carts which’s it fine 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 really like i like that it’s flexible i like it’s that it’s not one of those weird crypto sites 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 entrance you wish to utilize all right and that’s it and so when 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 site dot crypto which’s it how to declare your crypto domain address now the reason you ‘d want to go through the process and in fact declare uh your domain addresses due to the fact that one then you in fact own it then 2 you can do whatever you want with it if you wish to go offer it on some type of like nft market you can go on and do that okay 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 actually 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 guess you understand this is you you haven’t claimed it yet so it’s an iou that you own this therefore i simply want to briefly mention at the time of this video that there are a few ways to claim your domain the first method is that you need to purchase a claim with credits fee so that costs uh at this time 40 per domain name and so that’s spends for the gas costs you’re like what are gas costs look this the ethereum network you actually need to pay uh to move things on and off by means of gas fees second is you can pay the gas costs 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 just wait until august so then they’ll have a scaling solution that makes it easy to claim but anyways to begin is really basic so we go here say if i want to declare this one make a website.crypto we’ll declare with ethereum right there declare process began so now we need to send the code by e-mail so click that and so right over here we’ll jump over here and wait on 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 alright excellent now you resemble whoa what do i do choose 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 couple of various 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 utilizing desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re simply going to use metamask so to begin with metamask is easy meta mask there we go all right so we click here then we wish to download it now click that install metamask for chrome fine and let’s proceed and add to chrome add extension and there we go all right so now the metamask app is installed on our web browser so we just click start we are brand-new to metamask so here is where you need to establish a wallet a wallet is what you finish with your cryptocurrency Namecoin New Address Every Transaction