Namecoin Wallet For Mergemining 2022

describe subjects of the cryptocurrency world…Namecoin Wallet For Mergemining. using analogies stories and examples so that you can easily comprehend 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 means for people getting into the complicated crypto area before we really get to understanding the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at white boards crypto we love using examples so that’s precisely what we’re going to be using to assist you understand dns so dns means domain service which is an elegant method of stating that it is an useful 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 device understandable addresses so the majority of you are most likely knowledgeable about ip addresses and those are precisely how a computer system at one end of the internet understands how to talk specifically to another computer somewhere else and not just scream it into the abyss that is the web when you enter google.com and you hit 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 searching for them and then gets a plan back to send out to you now the package is then unpacked by your computer to reveal you the totality of the google.com home page utilizing complicated mathematics and software application all of this

interaction happens behind the scenes but to you it’s easy and user friendly in fact if we had to key in 8.8.8.8 into the url bar instead of google.com a lot more people would be confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and webs 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 exact same thing that i simply pointed out other than it’s for ethereum ens stands for ethereum name service and basically 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 wish to support the channel do not hesitate to leave a like listed below it’s complimentary 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 understanding crypto the option to sharing white boards crypto.eth with someone is i ‘d have to share

Current domain name 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 type of blockchain based domain you can move it to any place you want whatever wallet you want with ease fine 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 how to get a domain how to set up a specific wallet so you can connect the domain that you purchased to your wallet etc so you can really understand how to correctly utilize unstoppable domain names so let’s start welcome to my laptop let’s start so this is unstoppable domains.com now to get going with this site is very basic you just come here and after that you type in the domain that you want right here and after that click on search now i want simply wish to point out that they do have specific price points for the number of 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 costly it’s going to be so for example if i was come here and i enter my surname 2 400 uh i think i’ll pass but anyways let me go on and just include this to haul for presentation functions we’ll go to the carts which’s it fine and

then you click on here checkout and that’s it and so you can pay with a charge card paypal crypto or you can pay with the crypto.com app and i really like i like that it’s flexible i like it’s that it’s not one of those weird crypto websites where you have to pay in cryptocurrency or you need to purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you want to use fine which’s it and so once you’re all set then you’ll have your my domain 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 that you ‘d wish to go through the process 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 want to go offer it on some type of like nft marketplace you can proceed and do that alright so just like when you purchase any type of cryptocurrency from an exchange like uh coinbase for instance what it is is just an iou it’s an iou until 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 resembles a hot wallet i guess you know this is you you have not claimed it yet so it’s an iou that you own this therefore i simply wish to briefly mention at the time of this video that there are a couple of ways to claim your domain the very first way is that you have to buy a claim with credits fee so that expenses uh at this time 40 per domain name and so that’s spends for the gas costs you resemble what are gas fees look this the ethereum network you really need to pay uh to move things on and off by means of gas costs second 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 till august so then they’ll have a scaling option that makes it easy to claim but anyways to get started is very simple so we go here state if i wish to claim this one make a website.crypto we’ll declare with ethereum right there declare procedure began so now we have to send out the code by e-mail so click that therefore right over here we’ll leap over here and wait on 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 ideal click copy paste there we go boom put that in alright great now you resemble whoa what do i do select 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 various wallets that they suggest 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 get start with metamask is simple meta mask there we go fine so we click here then we want to download it now click that install metamask for chrome fine and let’s proceed and add to chrome include extension and there we go alright so now the metamask app is set up on our internet browser so we simply click on start we are new to metamask so here is where you have to establish a wallet a wallet is what you finish with your cryptocurrency Namecoin Wallet For Mergemining