Namecoin Wallet For Mining On Osx 2022

explain topics of the cryptocurrency world…Namecoin Wallet For Mining On Osx. using examples 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 suggests for people getting into the complex crypto space prior to we in fact get to understanding the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we enjoy using examples so that’s precisely what we’re going to be utilizing to assist you understand dns so dns stands for domain name service which is a fancy way of stating that it is an useful service which permits us humans to type in human understandable addresses into the search bar and then it will immediately turn them into machine understandable addresses so most of you are probably acquainted with ip addresses and those are precisely how a computer system at one end of the internet knows how to talk specifically to another computer somewhere else and not simply yell it into the void that is the web when you type in google.com and you hit enter your computer sends out a message to your internet service provider stating 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 bundle back to send to you now the plan is then unpacked by your computer to reveal you the entirety of the google.com home page utilizing complicated mathematics and software application all of this

communication happens behind the scenes however to you it’s easy and easy to use 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 webs since it makes good 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 very same thing that i just discussed except it’s for ethereum ens stands for ethereum name service and pretty much 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 want to support the channel feel free to leave a like below it’s free and it rewards all our hard work on this video and the past hundred that we’ve been really hard at work creating but anyways if you’re not used to comprehending crypto the option to sharing whiteboard crypto.eth with someone 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 and so on uh when you have a dot crypto dot zill any kind of blockchain based domain you can move it to any place you desire whatever wallet you want with ease fine so now let’s delve into my laptop and enter into the guide section of the video where i wish to reveal you unstoppable domain names how to get a domain how to set up a specific wallet so you can connect the domain name that you bought to your wallet and so on so you can really understand how to properly utilize unstoppable domain so let’s get going welcome to my laptop let’s begin so this is unstoppable domains.com now to begin with this website is very simple you just come here and then you key in the domain that you desire right here and then click search now i want simply want to point out that they do have specific rate points for how many characters are in the domain that you want to get so something over 8 characters will be 40 the smaller sized the domain name the more costly it’s going to be so for example if i was come here and i enter my last name 2 400 uh i believe i’ll pass however anyways let me go on and just include this to cart for demonstration purposes 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 truly like i like that it’s flexible 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 purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you want to utilize all right and that’s it and so once 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 process and in fact declare uh your domain addresses since one then you actually own it then 2 you can do whatever you want with it if you desire to go sell it on some type of like nft marketplace you can go ahead and do that alright so just 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 until you in fact move the cryptocurrency from coinbase to your own wallet this is the exact same so this is on there this is you know 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 couple of ways to claim your domain name the first way is that you have to buy a claim with credits cost so that expenses uh at this time 40 per domain name and so that’s pays for the gas costs you’re like what are gas costs look this the ethereum network you in fact have to pay uh to move things on and off through gas costs number 2 is you can pay the gas costs directly 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 easy to claim however anyways to get started is very easy so we go here state if i desire to claim this one make a website.crypto we’ll claim with ethereum right there declare procedure began so now we have to send out the code by e-mail so click that and so right over here we’ll leap 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 best click copy paste there we go boom put that in fine terrific 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 various wallets that they recommend 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 just going to utilize metamask so to get going with metamask is simple meta mask there we go fine so we click on this link then we want to download it now click on that set up metamask for chrome alright and let’s go on and add to chrome add extension and there we go alright so now the metamask app is set up on our internet browser so we simply click get going 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 For Mining On Osx