Namecoin On Slushpool 2022

describe topics of the cryptocurrency world…Namecoin On Slushpool. using examples 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 indicates for individuals entering the complex crypto space prior to we in fact get to comprehending the power of unstoppable domains the first thing we’ll need to do is understand dns here at whiteboard crypto we enjoy using examples so that’s precisely what we’re going to be utilizing to assist you comprehend dns so dns stands for domain service which is an elegant method of stating that it is a valuable service which permits us people to enter human understandable addresses into the search bar and then it will immediately turn them into device understandable addresses so the majority of you are probably acquainted with ip addresses and those are exactly how a computer at one end of the internet knows how to talk specifically to another computer elsewhere and not simply shriek it into the void that is the web when you type in google.com and you hit enter your computer system sends a message to your internet service provider saying 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 then gets a plan back to send out to you now the plan is then unpacked by your computer to reveal you the whole of the google.com home page utilizing complicated math and software all of this

interaction occurs behind the scenes however to you it’s easy and easy to use in fact if we needed to type in 8.8.8.8 into the url bar instead of google.com a lot more people would be confused 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 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 basically the same thing that i just pointed out except it’s for ethereum ens represents ethereum name service and practically 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 do not have 20 and you want to support the channel feel free to leave a like listed below it’s totally free and it rewards all our effort on this video and the past hundred that we have actually been truly hard at work developing however anyways if you’re not used to understanding crypto the option to sharing white boards crypto.eth with somebody is i ‘d have to share

Existing domain register to launch domain or in order to move it over to this other domain name register and so on uh when you have a dot crypto dot zill any type of blockchain based domain you can transfer it to anywhere you want whatever wallet you want with ease all right so now let’s delve into my laptop computer and enter the guide area of the video where i want to reveal you unstoppable domain names how to get a domain name how to establish a particular wallet so you can connect the domain that you bought to your wallet and so on so you can really comprehend how to effectively utilize unstoppable domain so let’s get started welcome to my laptop let’s begin so this is unstoppable domains.com now to begin with this site is very basic you just come here and then you type in the domain name that you want right here and then click search now i desire just want to discuss that they do have specific price points for how many characters remain in the domain name that you wish to get so something over 8 characters will be 40 the smaller the domain name 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 but anyways let me go ahead and simply include this to cart for presentation functions we’ll go to the carts and that’s it okay and

then you click on here checkout which’s it therefore you can pay with a charge 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 odd crypto websites where you need to pay in cryptocurrency or you need to purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you want to use alright and that’s it therefore 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 declare your crypto domain address now the reason that you ‘d want to go through the process and really declare uh your domain addresses because one then you really own it then two you can do whatever you desire with it if you wish to go offer it on some type of like nft market you can go on and do that all right so just like 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 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’s like a hot wallet i guess you know this is you you haven’t claimed it yet so it’s an iou that you own this therefore i simply wish to briefly mention at the time of this video that there are a few methods to declare your domain name the very first way is that you need to acquire a claim with credits fee so that costs uh at this time 40 per domain name therefore 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 through gas costs second 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 simply wait up until august so then they’ll have a scaling service that makes it easy to claim however anyways to begin is very easy so we go here state 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 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 simply highlight that ideal click copy paste there we go boom put that in all right great now you’re like whoa what do i do select 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 using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re just going to use metamask so to get start with metamask is simple meta mask there we go okay so we click here then we want to download it now click on that install metamask for chrome alright and let’s proceed and contribute to chrome add extension and there we go alright so now the metamask app is set up on our web browser so we simply click get going we are new to metamask so here is where you have to set up a wallet a wallet is what you make with your cryptocurrency Namecoin On Slushpool