Namecoin Whitepaepr 2022

explain subjects of the cryptocurrency world…Namecoin Whitepaepr. utilizing examples stories and examples so that you can easily comprehend them in this video we are going to be describing what unstoppable domains is how they might be better than ens and what that indicates for people entering into the complicated crypto area before we actually get to understanding the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at whiteboard crypto we love using examples so that’s exactly what we’re going to be using to assist you comprehend dns so dns means domain name service which is an elegant way of stating that it is a helpful service which enables us human beings to key in human understandable addresses into the search bar and then it will instantly turn them into device legible addresses so the majority of you are probably familiar with ip addresses and those are exactly how a computer system at one end of the internet knows how to talk particularly to another computer system somewhere else and not simply shout it into the abyss that is the web when you type in google.com and you hit enter your computer system 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 looking for them and after that grabs 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 web page using complex math and software application all of this

interaction occurs behind the scenes but to you it’s easy and easy to use 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 puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and nets due to the fact that it makes good sense to us so that’s basically what a dns is a translator for humans 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 means ethereum name service and basically lets me tell you that whiteboardcrypto.eth is my wallet address so you can simply type that in and pay me 20 if you want by the way if you do not have 20 and you wish to support the channel feel free to leave a like below it’s complimentary and it rewards all our hard work on this video and the past hundred that we’ve been truly hard at work producing however anyways if you’re not used to comprehending crypto the option to sharing whiteboard crypto.eth with someone is i ‘d need to share

Present domain register to release domain name 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 kind of blockchain based domain you can move it to wherever you want whatever wallet you want with ease fine so now let’s delve into my laptop and enter the guide area 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 bought to your wallet and so on so you can actually comprehend how to effectively utilize unstoppable domain so let’s get going welcome to my laptop computer let’s start so this is unstoppable domains.com now to get started with this website is very easy you simply come here and then you type in the domain name that you desire right here and after that click on search now i desire just wish to mention that they do have particular cost points for how many characters are in the domain name 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 example if i was come here and i key in my last name 2 400 uh i think i’ll pass however anyways let me go ahead and simply include this to haul for presentation purposes 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 really like i like that it’s flexible i like it’s that it’s not one of those strange crypto websites 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 entrance you want to utilize all right 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 factor why you ‘d want to go through the procedure and actually claim uh your domain addresses due to the fact that one then you really own it then two you can do whatever you desire 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 purchase any type of cryptocurrency from an exchange like uh coinbase for example 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 guess you understand this is you you have not 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 ways to claim your domain name the very first method is that you have to purchase a claim with credits charge so that costs uh at this time 40 per domain name and so that’s pays for the gas charges 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 charges number 2 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 until august so then they’ll have a scaling service that makes it simple to claim however anyways to get begun is really simple so we go here say if i want to declare 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 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 ideal click copy paste there we go boom put that in okay excellent now you’re like 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 specifically for ethereum now there are a couple of various 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 begin 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 install metamask for chrome fine and let’s go on and contribute to chrome add extension and there we go all right so now the metamask app is set up on our browser so we simply click begin we are new to metamask so here is where you need to set up a wallet a wallet is what you finish with your cryptocurrency Namecoin Whitepaepr