Namecoin Review 2022

discuss subjects of the cryptocurrency world…Namecoin Review. using examples stories and examples so that you can easily understand them in this video we are going to be discussing what unstoppable domains is how they might be better than ens and what that suggests for individuals getting into 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 comprehend dns here at whiteboard crypto we enjoy utilizing examples so that’s exactly what we’re going to be using to assist you comprehend dns so dns means domain name service which is a fancy way of stating that it is an useful service which enables us human beings to enter human readable addresses into the search bar and after that it will immediately turn them into maker understandable addresses so the majority of you are most likely familiar with ip addresses and those are exactly how a computer at one end of the internet knows how to talk particularly to another computer somewhere else and not just yell it into the abyss that is the web when you key in google.com and you hit enter your computer 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 searching for them and after that gets a bundle back to send out to you now the package is then unpacked by your computer system to reveal you the totality of the google.com web page utilizing complex math and software all of this

interaction takes place behind the scenes but to you it’s simple and easy to use 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 nets because it makes good 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 exact same thing that i just discussed other than it’s for ethereum ens means 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 do not have 20 and you want to support the channel feel free to leave a like below it’s 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 used to understanding crypto the alternative to sharing white boards crypto.eth with someone is i ‘d need to share

Present domain register to release 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 kind of blockchain based domain you can move it to any place you desire whatever wallet you want with ease alright so now let’s delve into my laptop and enter the tutorial section of the video where i want to reveal you unstoppable domain how to get a domain name how to set up a particular wallet so you can connect the domain name that you bought to your wallet etc so you can really understand how to appropriately use unstoppable domain names so let’s get going welcome to my laptop let’s begin so this is unstoppable domains.com now to start with this site is extremely basic you simply come here and then you key in the domain that you desire right here and then click on search now i want simply wish to point out that they do have specific 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 name the more pricey it’s going to be so for example if i was come here and i enter my last name 2 400 uh i believe i’ll pass however anyways let me proceed and just add this to cart for presentation purposes we’ll go to the carts and that’s it all right and

then 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 versatile i like it’s that it’s not one of those odd crypto websites where you need 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 therefore when 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 and that’s it how to declare your crypto domain address now the reason you ‘d want to go through the procedure and actually declare uh your domain addresses due to the fact that one then you in fact own it then two you can do whatever you want with it if you want to go offer it on some kind of like nft market you can go on and do that alright so similar to when you purchase any kind of cryptocurrency from an exchange like uh coinbase for example what it is is just an iou it’s an iou until you really move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you know it resembles a hot wallet i guess you know this is you you haven’t declared 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 the first way is that you need to buy a claim with credits fee so that expenses uh at this time 40 per domain name and so that’s spends for the gas charges you resemble what are gas fees look this the ethereum network you really have to pay uh to move things on and off by means of gas costs number two is you can pay the gas costs 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 till august so then they’ll have a scaling option that makes it simple to claim but anyways to start is really easy so we go here say if i want to claim this one make a website.crypto we’ll claim with ethereum right there declare procedure started so now we need to send the code by e-mail so click that therefore right over here we’ll leap 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 all right excellent now you resemble whoa what do i do pick wallet for claiming 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 recommend 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 simply going to utilize metamask so to start with metamask is easy meta mask there we go all right 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 include extension and there we go all right so now the metamask app is installed on our internet browser so we just click start we are brand-new to metamask so here is where you have to set up a wallet a wallet is what you finish with your cryptocurrency Namecoin Review