Namecoin-qt Wallet 2022

explain subjects of the cryptocurrency world…Namecoin-qt Wallet. utilizing examples stories and examples so that you can easily 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 means for individuals entering the complicated crypto area prior to we in fact get to understanding the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we like using examples so that’s exactly what we’re going to be utilizing to assist you understand dns so dns stands for domain name service which is an expensive method of saying that it is a helpful service which permits us humans to type in human understandable addresses into the search bar and then it will automatically turn them into maker understandable addresses so most of you are probably knowledgeable about ip addresses and those are exactly how a computer at one end of the web knows how to talk specifically to another computer system elsewhere and not just yell 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 saying yo where’s google the internet service provider discovers and goes to where google is tells them that you are searching for them and then gets a plan back to send out to you now the bundle is then unpacked by your computer system to show you the whole of the google.com home page utilizing complicated math and software application all of this

interaction takes place 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 don’t speak in numbers or ip addresses we speak in dot coms dot orgs and webs because it makes good 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 same thing that i simply pointed out other than 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 simply type that in and pay me 20 if you desire by the way if you do not have 20 and you want to support the channel feel free 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’ve been truly hard at work producing however anyways if you’re not utilized to comprehending crypto the alternative to sharing white boards crypto.eth with somebody is i ‘d need to share

Present domain register to release domain name 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 wherever you desire whatever wallet you want with ease all right so now let’s delve into my laptop computer and get into the guide area of the video where i wish to reveal you unstoppable domain names how to get a domain name how to set up a particular wallet so you can connect the domain that you bought to your wallet and so on so you can truly understand how to effectively utilize unstoppable domain so let’s get started welcome to my laptop computer let’s start so this is unstoppable domains.com now to get started with this site is extremely easy you just come here and after that you enter the domain name that you desire right here and after that click search now i want just wish to point out that they do have specific cost points for the number of characters are in the domain name that you want to get so something over 8 characters will be 40 the smaller sized the domain the more pricey it’s going to be so for example if i was come here and i type in my surname 2 400 uh i believe i’ll pass however anyways let me go on and just add this to cart for presentation functions we’ll go to the carts which’s it fine and

then you click on here checkout and that’s it and so you can pay with a charge card paypal crypto or you can pay with the crypto.com app and i actually like i like that it’s versatile i like it’s that it’s not one of those strange crypto websites where you need to pay in cryptocurrency or you have to buy unstoppable coin then exchange it or whatever no you can pay with however payment entrance you wish to utilize okay and that’s it and so once you’re all set then you’ll have your my domain list in your account therefore we have right down there so i own my name dot crypto and make a site dot crypto which’s it how to claim your crypto domain address now the reason you ‘d want to go through the procedure and in fact claim uh your domain addresses since one then you actually own it then two you can do whatever you desire with it if you want to go sell it on some type of like nft marketplace you can go ahead and do that fine so just like when you purchase any type of cryptocurrency from an exchange like uh coinbase for example what it is is simply 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’s like a hot wallet i think you know this is you you have not declared it yet so it’s an iou that you own this therefore i simply wish to briefly reference at the time of this video that there are a few methods to declare your domain the first method is that you need 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 fees you resemble what are gas charges look this the ethereum network you in fact need to pay uh to move things on and off via gas fees second is you can pay the gas fees directly from your own wallet so if you already have a wallet established and you have ethereum in there you can pay with your own ethereum or you can simply wait till august so then they’ll have a scaling solution that makes it simple to claim but anyways to start is extremely simple so we go here state if i wish to claim this one make a website.crypto we’ll declare with ethereum right there declare procedure started so now we need to send out the code by e-mail so click that therefore right over here we’ll jump 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 fine terrific 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 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

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 simply going to utilize metamask so to start with metamask is simple meta mask there we go all right so we click here then we want to download it now click that install metamask for chrome fine 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 just click on start we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you do with your cryptocurrency Namecoin-qt Wallet