Namecoin Waller 2022

discuss topics of the cryptocurrency world…Namecoin Waller. using analogies stories and examples so that you can quickly understand them in this video we are going to be describing what unstoppable domains is how they might be better than ens and what that means for people entering into the complex crypto space prior to we actually get to understanding the power of unstoppable domains the first thing we’ll require to do is understand dns here at white boards crypto we like utilizing examples so that’s exactly what we’re going to be using to help you understand dns so dns represents domain service which is an elegant way of stating that it is a practical service which permits us human beings to type in human readable addresses into the search bar and then it will immediately turn them into device understandable addresses so most of you are probably familiar with ip addresses and those are exactly how a computer at one end of the web understands how to talk particularly to another computer system elsewhere and not just shriek 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 stating yo where’s google the internet service provider finds out and goes to where google is tells them that you are looking for them and then gets a bundle back to send to you now the bundle is then unpacked by your computer system to reveal you the whole of the google.com home page utilizing complex mathematics and software all of this

communication happens behind the scenes however to you it’s basic and user friendly 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 confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and nets since 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 just pointed out except it’s for ethereum ens means ethereum name service and practically lets me tell 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 wish 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 really hard at work creating but anyways if you’re not used to comprehending crypto the alternative to sharing white boards crypto.eth with someone is i ‘d have to share

Present domain name register to release domain or in order to move it over to this other domain register etc uh when you have a dot crypto dot zill any type of blockchain based domain you can move it to anywhere you desire whatever wallet you desire with ease okay so now let’s jump into my laptop and enter into the tutorial 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 that you purchased to your wallet etc so you can truly understand how to properly use unstoppable domain names so let’s get started welcome to my laptop let’s start so this is unstoppable domains.com now to begin with this site is very simple you just come here and after that you key in the domain that you want right here and after that click on search now i want just wish 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 sized the domain the more expensive it’s going to be so for instance if i was come here and i key in my last name 2 400 uh i believe i’ll pass however anyways let me go ahead and just include this to haul for presentation functions we’ll go to the carts which’s it all right 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 really like i like that it’s versatile 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 want to utilize alright and that’s it and so when 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 want to go through the procedure and in fact claim uh your domain addresses since one then you actually own it then 2 you can do whatever you desire with it if you desire to go sell it on some type of like nft market you can go ahead and do that alright so simply like when you buy any type of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou up until 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 guess you understand this is you you haven’t declared it yet so it’s an iou that you own this and so i just want to briefly mention at the time of this video that there are a few methods to claim your domain name the very first way is that you have to purchase a claim with credits charge so that expenses uh at this time 40 per domain name and so that’s pays for the gas fees you’re like what are gas costs look this the ethereum network you actually have to pay uh to move things on and off through gas fees number two is you can pay the gas costs straight 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 simply wait up until august so then they’ll have a scaling service that makes it simple to claim but anyways to get begun is really simple so we go here say if i desire 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 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 simply highlight that right click copy paste there we go boom put that in okay great now you’re like whoa what do i do choose 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 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 using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re simply going to use metamask so to start with metamask is easy meta mask there we go alright so we click here then we want to download it now click that set up metamask for chrome fine and let’s go on and add to chrome include extension and there we go all right so now the metamask app is set up on our internet browser so we just click on get going we are brand-new to metamask so here is where you have to set up a wallet a wallet is what you do with your cryptocurrency Namecoin Waller