Namecoin Value 2022

explain subjects of the cryptocurrency world…Namecoin Value. using analogies stories and examples so that you can easily comprehend them in this video we are going to be describing what unstoppable domains is how they might be much better than ens and what that implies for people entering the complex crypto space prior to we really get to comprehending the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at white boards crypto we enjoy using examples so that’s exactly what we’re going to be using to assist you understand dns so dns stands for domain service which is an elegant method of saying that it is a valuable service which allows us human beings to type in human readable addresses into the search bar and after that it will immediately turn them into machine readable addresses so the majority of you are most likely acquainted with ip addresses and those are precisely how a computer at one end of the internet understands how to talk particularly to another computer elsewhere and not just shout it into the abyss that is the web when you enter 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 then grabs a bundle back to send out to you now the package is then unpacked by your computer system to reveal you the entirety of the google.com web page using complex mathematics and software all of this

communication happens behind the scenes but to you it’s easy 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 puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and internet due to the fact that it makes sense to us so that’s essentially what a dns is a translator for people to speak machine code next up let’s see how this works for crypto ens is basically the same thing that i simply mentioned other than it’s for ethereum ens represents ethereum name service and basically lets me inform you that whiteboardcrypto.eth is my wallet address so you can just type that in and pay me 20 if you want by the way if you don’t have 20 and you want to support the channel do not hesitate 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 truly hard at work developing however anyways if you’re not used to understanding crypto the alternative to sharing white boards crypto.eth with someone is i ‘d have to share

Current 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 anywhere you desire whatever wallet you desire with ease fine so now let’s jump into my laptop computer and get into the tutorial area of the video where i wish to reveal you unstoppable domain names how to get a domain name how to establish a specific wallet so you can attach the domain name that you bought to your wallet etc so you can really comprehend how to correctly utilize unstoppable domain so let’s get going welcome to my laptop computer let’s start so this is unstoppable domains.com now to start with this website is very basic you simply come here and then you key in the domain that you desire right here and then click search now i desire simply wish to discuss that they do have particular cost points for how many characters are in the domain name that you wish to get so something over 8 characters will be 40 the smaller sized 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 proceed and simply include this to cart for presentation functions we’ll go to the carts which’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 actually like i like that it’s flexible i like it’s that it’s not one of those odd 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 claim your crypto domain address now the factor why you ‘d desire to go through the process and in fact claim uh your domain addresses because one then you actually own it then two you can do whatever you desire with it if you want to go offer it on some type of like nft market you can go ahead and do that fine so simply 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 till you in fact 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 understand this is you you haven’t claimed it yet so it’s an iou that you own this and so i just want to briefly reference at the time of this video that there are a few methods to declare your domain name the first way is that you have to purchase a claim with credits fee so that costs uh at this time 40 per domain name and so that’s pays for the gas costs you’re like what are gas fees look this the ethereum network you actually have to pay uh to move things on and off via gas costs number two is you can pay the gas costs 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 just wait until august so then they’ll have a scaling solution that makes it easy to claim however anyways to get begun is very easy so we go here state if i want to claim this one make a website.crypto we’ll declare with ethereum right there declare 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 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 excellent now you’re like whoa what do i do pick 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 advise 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 easy meta mask there we go okay so we click on this link then we wish to download it now click on that set up metamask for chrome all right 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 begin 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 Value