Namecoin Slushpool 2022

discuss subjects of the cryptocurrency world…Namecoin Slushpool. 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 much better than ens and what that suggests for individuals getting into the complex crypto area before 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 enjoy utilizing examples so that’s precisely what we’re going to be utilizing to assist you understand dns so dns stands for domain service which is an elegant method of saying that it is a practical service which enables us humans to key in human legible addresses into the search bar and then it will automatically turn them into maker readable addresses so the majority of you are probably familiar with ip addresses and those are precisely how a computer system at one end of the internet knows how to talk specifically to another computer system elsewhere and not just scream it into the abyss that is the web when you key in google.com and you hit enter your computer system sends 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 trying to find them and after that gets a package back to send to you now the package is then unpacked by your computer to show you the totality of the google.com home page using complicated mathematics and software application all of this

interaction happens behind the scenes but to you it’s basic and easy to use in fact if we needed to enter 8.8.8.8 into the url bar instead of google.com a lot more people would be puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and webs due to the fact that it makes 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 essentially the very same thing that i just mentioned other than it’s for ethereum ens stands for 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 don’t 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 hard work on this video and the past hundred that we’ve 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 somebody is i ‘d need to share

Existing domain name register to release 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 type of blockchain based domain you can move it to anywhere you want whatever wallet you want with ease all right so now let’s jump into my laptop and enter into the guide section of the video where i want to show you unstoppable domain how to get a domain name how to set up a specific wallet so you can connect the domain name that you bought to your wallet and so on so you can truly comprehend how to appropriately use unstoppable domain so let’s get started welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get going with this website is very easy you just come here and then you enter the domain that you desire right here and then click search now i desire simply want to mention that they do have specific rate points for how many characters remain in the domain that you wish 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 but anyways let me go ahead and just add this to cart for presentation functions we’ll go to the carts and that’s it all right and

then you click 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 actually like i like that it’s flexible i like it’s that it’s not one of those strange crypto websites where you have to pay in cryptocurrency or you need to buy 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 when you’re all set then you’ll have your my domain name 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 declare your crypto domain address now the reason why you ‘d want to go through the procedure and actually claim uh your domain addresses due to the fact that one then you in fact own it then 2 you can do whatever you desire with it if you wish to go offer it on some kind of like nft marketplace you can go on and do that all right so just like when you buy any kind of cryptocurrency from an exchange like uh coinbase for instance 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’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 just wish to briefly reference at the time of this video that there are a few methods to declare your domain the first way is that you have to acquire a claim with credits fee so that expenses uh at this time 40 per domain name therefore that’s pays for the gas fees you’re like what are gas charges look this the ethereum network you really need to pay uh to move things on and off through gas charges number two 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 just wait until august so then they’ll have a scaling service that makes it easy to claim however anyways to start is extremely basic so we go here say if i want to claim this one make a website.crypto we’ll declare with ethereum right there claim procedure began so now we have to send out the code by email 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 simply highlight that best click copy paste there we go boom put that in all right fantastic now you’re like 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 particularly for ethereum now there are a couple of various wallets that they advise 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 use metamask so to get start with metamask is easy meta mask there we go fine so we click here then we want to download it now click that install metamask for chrome alright and let’s go ahead and contribute to chrome add extension and there we go alright so now the metamask app is set up on our browser so we just click on start we are new to metamask so here is where you need to set up a wallet a wallet is what you finish with your cryptocurrency Namecoin Slushpool