Namecoin Vs Dnschain 2022

explain subjects of the cryptocurrency world…Namecoin Vs Dnschain. using examples stories and examples so that you can quickly comprehend them in this video we are going to be explaining what unstoppable domains is how they might be better than ens and what that implies for people getting into the complex crypto space before we in fact 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 using examples so that’s exactly what we’re going to be using to help you comprehend dns so dns means domain service which is a fancy way of saying that it is a practical service which permits us humans to type in human legible addresses into the search bar and after that it will automatically turn them into device readable addresses so most of you are probably knowledgeable about ip addresses and those are precisely how a computer system at one end of the web understands how to talk particularly to another computer system somewhere else and not just yell it into the void that is the web when you key in google.com and you struck enter your computer sends out a message to your internet service provider saying yo where’s google the internet service provider learns and goes to where google is tells them that you are looking for them and after that gets a package back to send out to you now the plan is then unpacked by your computer to show you the entirety of the google.com web page utilizing complicated mathematics and software all of this

interaction takes place behind the scenes however to you it’s basic and user friendly in fact if we needed to key in 8.8.8.8 into the url bar instead of google.com a lot more individuals would be confused 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 good sense to us so that’s basically what a dns is a translator for people to speak machine code next up let’s see how this works for crypto ens is essentially the very same thing that i just discussed other than it’s for ethereum ens represents ethereum name service and pretty much 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 do not hesitate to leave a like below it’s complimentary and it rewards all our effort on this video and the past hundred that we have actually been truly hard at work developing however anyways if you’re not utilized to understanding crypto the option to sharing white boards crypto.eth with somebody is i ‘d have to share

Existing domain name register to release domain 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 kind of blockchain based domain name you can transfer it to anywhere you want whatever wallet you want with ease alright so now let’s jump into my laptop computer and enter into the tutorial area of the video where i wish to reveal 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 etc so you can really understand how to appropriately use unstoppable domain so let’s get started welcome to my laptop computer let’s start so this is unstoppable domains.com now to get going with this site is very simple you just come here and after that you key in the domain name that you want right here and then click search now i desire just wish to mention that they do have specific rate points for the number of characters remain in the domain that you want to get so something over 8 characters will be 40 the smaller the domain the more costly it’s going to be so for example if i was come here and i key in my surname 2 400 uh i believe i’ll pass but anyways let me go on and simply add this to haul for presentation purposes we’ll go to the carts and that’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 truly like i like that it’s flexible i like it’s that it’s not one of those strange 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 desire to use fine 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 site dot crypto and that’s it how to declare your crypto domain address now the factor why you ‘d desire to go through the procedure and actually claim uh your domain addresses because one then you really own it then 2 you can do whatever you desire with it if you want to go sell it on some type of like nft market you can go ahead and do that alright 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 till you in fact move the cryptocurrency from coinbase to your own wallet this is the very same so this is on there this is you understand it’s like a hot wallet i think you know this is you you haven’t claimed it yet so it’s an iou that you own this and so i just desire to briefly mention at the time of this video that there are a few methods to declare your domain name the first method is that you have to buy a claim with credits fee so that costs uh at this time 40 per domain name and so that’s pays for the gas charges you’re like what are gas fees look this the ethereum network you really have to pay uh to move things on and off via gas fees number two is you can pay the gas charges 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 option that makes it simple to claim however anyways to get begun is really simple so we go here say if i want to declare this one make a website.crypto we’ll declare with ethereum right there claim procedure began so now we have to send the code by email so click that and so right over here we’ll leap over here and wait for the code to hit 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 alright excellent 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 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 utilizing desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re just going to utilize metamask so to begin with metamask is easy meta mask there we go alright so we click here then we want to download it now click on that set up metamask for chrome fine and let’s go ahead 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 on get started we are new to metamask so here is where you need to set up a wallet a wallet is what you do with your cryptocurrency Namecoin Vs Dnschain