Namecoin Wallet 2022

discuss topics of the cryptocurrency world…Namecoin Wallet. utilizing analogies stories and examples so that you can quickly 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 people entering the complex crypto space prior to we in fact get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we enjoy utilizing examples so that’s precisely what we’re going to be using to help you understand dns so dns means domain name service which is an elegant method of stating that it is a practical service which enables us human beings to type in human legible addresses into the search bar and then it will instantly turn them into machine legible addresses so most of you are most likely familiar with ip addresses and those are precisely how a computer at one end of the web knows how to talk particularly to another computer somewhere else and not just yell it into the void that is the web when you type in google.com and you struck enter your computer system 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 after that gets a bundle back to send to you now the package is then unpacked by your computer to reveal you the totality of the google.com home page utilizing complex mathematics and software application all of this

communication happens behind the scenes however to you it’s easy 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 don’t speak in numbers or ip addresses we speak in dot coms dot orgs and internet because 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 essentially the very same thing that i just pointed out except it’s for ethereum ens means ethereum name service and basically 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 listed below it’s free and it rewards all our hard work on this video and the past hundred that we have actually been really hard at work creating however anyways if you’re not utilized to comprehending crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d need to share

Existing domain name register to launch domain 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 move it to anywhere you desire whatever wallet you want with ease okay so now let’s delve into my laptop computer and enter into the tutorial section of the video where i want to show you unstoppable domain names how to get a domain name how to establish a particular wallet so you can attach the domain that you purchased to your wallet etc so you can really comprehend how to properly use unstoppable domain so let’s get going welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get started with this site is very simple you just come here and then you type in the domain name that you desire right here and after that click on search now i desire simply wish to discuss that they do have particular price points for the number of characters are in the domain name 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 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 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 unusual 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 nevertheless payment gateway you want to use okay which’s it and so once 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 website dot crypto and that’s it how to claim your crypto domain address now the reason why you ‘d wish to go through the procedure and in fact declare uh your domain addresses because one then you in fact own it then two you can do whatever you desire with it if you wish to go sell it on some kind of like nft market you can go ahead and do that fine so much like when you buy any kind of cryptocurrency from an exchange like uh coinbase for instance 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 understand 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 therefore i simply want to briefly reference at the time of this video that there are a couple of methods to declare your domain the first way is that you need to buy a claim with credits cost so that expenses uh at this time 40 per domain and so that’s spends for the gas charges you resemble what are gas costs look this the ethereum network you actually have 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 established and you have ethereum in there you can pay with your own ethereum or you can simply wait until august so then they’ll have a scaling service that makes it easy to claim but anyways to get started is extremely simple so we go here say if i want to claim this one make a website.crypto we’ll declare with ethereum right there declare process started so now we need to send out the code by e-mail so click that therefore 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 ideal click copy paste there we go boom put that in alright fantastic 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 few various wallets that they suggest 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 utilize metamask so to get going with metamask is simple meta mask there we go okay so we click here then we wish to download it now click on that install metamask for chrome all right and let’s go ahead and add to chrome add extension and there we go all right so now the metamask app is installed on our browser so we just click begin we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you make with your cryptocurrency Namecoin Wallet