Namecoin To Btc Exchange 2022

describe subjects of the cryptocurrency world…Namecoin To Btc Exchange. utilizing analogies 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 suggests for individuals getting into the complex crypto space prior to we really get to comprehending the power of unstoppable domains the first thing we’ll need to do is understand dns here at white boards crypto we enjoy using examples so that’s precisely what we’re going to be utilizing to help you comprehend dns so dns means domain service which is a fancy method of saying that it is a valuable service which permits us human beings to enter human legible addresses into the search bar and then it will instantly turn them into machine understandable addresses so the majority of you are most likely acquainted with ip addresses and those are exactly how a computer system at one end of the internet understands how to talk particularly to another computer system somewhere else and not simply shriek it into the abyss that is the web when you enter google.com and you struck enter your computer system sends out 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 package back to send to you now the bundle is then unpacked by your computer to show you the whole of the google.com home page using complex mathematics and software all of this

interaction happens behind the scenes however to you it’s basic 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 puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and internet 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 basically the exact same thing that i simply discussed other than it’s for ethereum ens stands for ethereum name service and pretty much lets me inform you that whiteboardcrypto.eth is my wallet address so you can merely 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 have actually been truly hard at work developing but anyways if you’re not utilized to understanding crypto the option to sharing whiteboard crypto.eth with someone is i ‘d need to share

Existing domain register to launch domain name or in order to move it over to this other domain register etc uh when you have a dot crypto dot zill any kind of blockchain based domain name you can transfer it to any place you desire whatever wallet you desire with ease fine so now let’s jump into my laptop computer and enter into the guide section of the video where i want to show you unstoppable domain how to get a domain 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 comprehend how to properly utilize unstoppable domain names so let’s begin welcome to my laptop computer let’s start so this is unstoppable domains.com now to begin with this website is really easy you simply come here and then you key in the domain that you want right here and after that click on search now i want just wish to point out that they do have specific cost points for the number of characters remain in the domain name that you want to get so something over 8 characters will be 40 the smaller sized the domain name the more expensive it’s going to be so for instance if i was come here and i key in my surname 2 400 uh i think i’ll pass however anyways let me proceed and simply include this to cart for presentation functions we’ll go to the carts and that’s it fine and

then you click on here checkout which’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 weird crypto sites where you have 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 want to use okay and that’s it and so as soon as 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 and that’s it how to declare your crypto domain address now the reason why you ‘d wish to go through the process and really declare uh your domain addresses since one then you really own it then 2 you can do whatever you want with it if you wish to go offer it on some type of like nft marketplace you can go on and do that alright so much like when you buy any type of cryptocurrency from an exchange like uh coinbase for instance 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 know it’s like a hot wallet i think you know this is you you have not claimed it yet so it’s an iou that you own this and so i simply want to briefly mention 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 fee so that costs uh at this time 40 per domain and so that’s spends 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 costs second is you can pay the gas charges directly 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 till august so then they’ll have a scaling option that makes it easy to claim but anyways to begin is really simple so we go here say if i want to claim this one make a website.crypto we’ll claim with ethereum right there claim process started so now we need to send the code by email so click that and so right over here we’ll jump 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 just highlight that right click copy paste there we go boom put that in okay great now you resemble 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 particularly for ethereum now there are a few different 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 using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re just going to utilize metamask so to start with metamask is easy meta mask there we go alright so we click on this link then we wish to download it now click that install metamask for chrome fine and let’s go ahead and add to chrome include extension and there we go fine so now the metamask app is set up on our web browser so we simply click on get started 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 To Btc Exchange