Namecoin Wallet Restore 2022

describe topics of the cryptocurrency world…Namecoin Wallet Restore. utilizing examples stories and examples so that you can quickly comprehend them in this video we are going to be discussing what unstoppable domains is how they might be better than ens and what that implies for individuals getting into the complex crypto area before we really get to comprehending the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at white boards crypto we enjoy utilizing examples so that’s exactly what we’re going to be utilizing to assist you comprehend dns so dns means domain service which is an elegant way of stating that it is an useful service which permits us human beings to key in human understandable addresses into the search bar and after that it will instantly turn them into machine readable addresses so the majority of you are probably acquainted with ip addresses and those are precisely how a computer at one end of the web understands how to talk specifically to another computer system elsewhere and not simply shout it into the abyss that is the web when you key in google.com and you struck enter your computer system 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 trying to find them and then gets a plan back to send out to you now the bundle is then unpacked by your computer system to reveal you the entirety of the google.com web page utilizing complex math and software application all of this

interaction occurs behind the scenes but to you it’s simple 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 individuals would be puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and nets since 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 basically the same thing that i simply pointed out except it’s for ethereum ens represents ethereum name service and pretty much lets me tell 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 don’t have 20 and you want to support the channel feel free to leave a like listed below it’s totally free and it rewards all our effort on this video and the past hundred that we’ve been actually hard at work creating however anyways if you’re not utilized to comprehending crypto the option to sharing whiteboard crypto.eth with somebody is i ‘d need to share

Current domain name register to release domain or in order to move it over to this other domain name register and so on uh when you have a dot crypto dot zill any type of blockchain based domain name you can transfer it to wherever you want whatever wallet you want with ease okay so now let’s delve into my laptop computer and enter the guide section of the video where i want to reveal you unstoppable domain names how to get a domain how to establish a specific wallet so you can connect the domain name that you purchased to your wallet etc so you can actually comprehend how to properly utilize unstoppable domain names so let’s start welcome to my laptop computer let’s begin so this is unstoppable domains.com now to start with this site is extremely basic you simply come here and after that you enter the domain name that you desire right here and after that click search now i desire just wish to point out that they do have specific rate 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 expensive it’s going to be so for instance if i was come here and i enter my last name 2 400 uh i think i’ll pass however anyways let me proceed and just add this to cart for demonstration functions we’ll go to the carts and that’s it fine 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 actually 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 purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment entrance you desire to use okay 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 reason why you ‘d want to go through the process and actually declare uh your domain addresses due to the fact that one then you actually own it then two you can do whatever you want with it if you desire to go offer it on some type of like nft market 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 just an iou it’s an iou till 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 think you know this is you you haven’t claimed it yet so it’s an iou that you own this and so i simply want to briefly mention at the time of this video that there are a few ways to declare your domain name the first method is that you have to acquire a claim with credits fee 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 fees look this the ethereum network you actually have to pay uh to move things on and off via gas fees number two is you can pay the gas charges directly 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 until august so then they’ll have a scaling option that makes it easy to claim however anyways to get begun is really basic so we go here state if i desire to claim this one make a website.crypto we’ll declare with ethereum right there declare process started 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 just highlight that ideal click copy paste there we go boom put that in alright great 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 couple of 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 use metamask so to start with metamask is simple meta mask there we go all right so we click on this link then we wish to download it now click that set up metamask for chrome okay and let’s go ahead and contribute to chrome add extension and there we go okay so now the metamask app is installed on our browser so we just click on start we are brand-new to metamask so here is where you need to set up a wallet a wallet is what you do with your cryptocurrency Namecoin Wallet Restore