Namecoin Proof Of Work 2022

discuss topics of the cryptocurrency world…Namecoin Proof Of Work. utilizing examples stories and examples so that you can quickly 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 people entering the complex crypto area prior to we in fact get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at white boards crypto we like utilizing examples so that’s precisely what we’re going to be utilizing to help you comprehend dns so dns stands for domain service which is an elegant method of stating that it is an useful service which enables us people to key in human understandable addresses into the search bar and then it will instantly turn them into machine readable addresses so the majority of you are probably acquainted with ip addresses and those are precisely how a computer at one end of the internet knows how to talk specifically to another computer elsewhere and not simply scream it into the abyss that is the web when you enter google.com and you struck enter your computer sends out a message to your internet service provider stating yo where’s google the internet service provider learns and goes to where google is tells them that you are looking for them and then grabs a plan back to send out to you now the plan is then unpacked by your computer to reveal you the totality of the google.com web page utilizing complicated mathematics and software application all of this

interaction occurs behind the scenes but to you it’s basic 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 people 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 good sense to us so that’s basically what a dns is a translator for humans to speak machine code next up let’s see how this works for crypto ens is basically the exact same thing that i simply pointed out except it’s for ethereum ens represents ethereum name service and practically lets me inform you that whiteboardcrypto.eth is my wallet address so you can just type that in and pay me 20 if you desire by the way if you don’t have 20 and you wish to support the channel feel free to leave a like 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 creating however anyways if you’re not utilized to comprehending crypto the option to sharing white boards crypto.eth with someone is i ‘d need to share

Current domain name register to release domain or in order to move it over to this other domain register etc uh when you have a dot crypto dot zill any type of blockchain based domain you can transfer it to anywhere you desire whatever wallet you desire with ease alright so now let’s delve into my laptop and enter into the tutorial 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 attach the domain that you purchased to your wallet and so on so you can really comprehend how to appropriately use unstoppable domain names so let’s get going welcome to my laptop computer let’s start so this is unstoppable domains.com now to get going with this website is really easy you just come here and after that you type in the domain that you desire right here and then click on search now i desire simply want to discuss that they do have specific rate points for the number of characters remain in the domain name that you wish to get so something over 8 characters will be 40 the smaller the domain the more expensive it’s going to be so for instance if i was come here and i type in my last name 2 400 uh i believe i’ll pass however anyways let me go ahead and simply add this to haul for presentation purposes we’ll go to the carts and that’s it okay 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 really like i like that it’s flexible i like it’s that it’s not one of those unusual crypto websites where you have to pay in cryptocurrency or you have to purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment entrance you want to utilize fine 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 and that’s it how to claim your crypto domain address now the reason why you ‘d want to go through the procedure and really claim uh your domain addresses since one then you really own it then two you can do whatever you desire with it if you desire to go offer it on some type of like nft marketplace you can go ahead and do that fine so simply like when you buy any type of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou till you in fact move the cryptocurrency from coinbase to your own wallet this is the very same so this is on there this is you understand it’s like a hot wallet i think you know this is you you haven’t declared it yet so it’s an iou that you own this and so i simply desire to briefly mention at the time of this video that there are a couple of ways to declare your domain name the very first method is that you have to acquire a claim with credits charge so that costs uh at this time 40 per domain name and so that’s pays for the gas charges you’re like what are gas charges look this the ethereum network you in fact have to pay uh to move things on and off via gas charges 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 up until august so then they’ll have a scaling option that makes it simple to claim but anyways to get started is extremely basic so we go here state if i want to claim this one make a website.crypto we’ll claim with ethereum right there claim process began so now we have to send out the code by e-mail so click that and so right over here we’ll jump over here and wait for the code to hit 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 okay great now you’re like 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 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 use metamask so to get start with metamask is simple meta mask there we go all right so we click on this link then we want to download it now click that install metamask for chrome fine and let’s go ahead 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 on get going we are new to metamask so here is where you need to establish a wallet a wallet is what you do with your cryptocurrency Namecoin Proof Of Work