Namecoin Wikipedia 2022

explain subjects of the cryptocurrency world…Namecoin Wikipedia. utilizing analogies stories and examples so that you can easily comprehend them in this video we are going to be explaining what unstoppable domains is how they might be much better than ens and what that implies for individuals getting into the complicated crypto space before we really get to comprehending 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 utilizing to help you comprehend dns so dns stands for domain service which is a fancy method of stating that it is an useful service which allows us humans to key in human legible addresses into the search bar and after that it will immediately turn them into machine understandable addresses so the majority of you are probably knowledgeable about ip addresses and those are exactly how a computer system at one end of the internet understands how to talk specifically to another computer elsewhere and not just shriek 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 grabs a package back to send out to you now the package is then unpacked by your computer to show you the totality of the google.com home page utilizing complex math and software application all of this

communication takes place behind the scenes however to you it’s easy and easy to use in fact if we had to enter 8.8.8.8 into the url bar instead of google.com a lot more individuals would be confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and nets since it makes 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 same thing that i just discussed except 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 simply type that in and pay me 20 if you want 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 totally free and it rewards all our hard work on this video and the past hundred that we have actually been truly hard at work creating but anyways if you’re not utilized to comprehending crypto the option to sharing whiteboard crypto.eth with someone is i ‘d have to share

Current domain name 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 type of blockchain based domain you can transfer it to any place you want whatever wallet you desire with ease fine so now let’s delve into my laptop computer and enter the tutorial section of the video where i wish to show you unstoppable domain how to get a domain name how to set up a specific wallet so you can attach the domain that you purchased to your wallet and so on so you can really comprehend how to correctly utilize unstoppable domain so let’s start welcome to my laptop let’s start so this is unstoppable domains.com now to begin with this website is really simple you simply come here and after that you key in the domain that you want right here and after that click search now i want simply want to point out that they do have particular cost points for the number of 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 instance if i was come here and i key in my surname 2 400 uh i believe i’ll pass but anyways let me go ahead and simply add this to haul 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 really 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 entrance you desire to utilize alright 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 desire to go through the process and in fact declare uh your domain addresses due to the fact that one then you actually own it then 2 you can do whatever you want with it if you want to go offer it on some type of like nft market you can go ahead and do that all right 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 up until you actually move the cryptocurrency from coinbase to your own wallet this is the very same so this is on there this is you know it’s like a hot wallet i think you understand this is you you have not claimed it yet so it’s an iou that you own this and so i just desire to briefly reference at the time of this video that there are a few methods to declare your domain name the very first method is that you have to purchase a claim with credits fee so that expenses uh at this time 40 per domain name and so that’s pays for the gas fees you’re like what are gas fees look this the ethereum network you in fact have to pay uh to move things on and off through gas costs number two is you can pay the gas charges 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 simply wait until august so then they’ll have a scaling service that makes it simple to claim but anyways to get started is really simple so we go here state if i want to declare this one make a website.crypto we’ll claim with ethereum right there claim procedure began so now we have to send out the code by email so click that and so right over here we’ll jump 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 best click copy paste there we go boom put that in okay fantastic now you’re like whoa what do i do pick wallet for declaring 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 few 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 using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re just going to use metamask so to get start with metamask is easy meta mask there we go okay so we click on this link then we want 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 okay so now the metamask app is installed on our browser so we simply click get started we are new to metamask so here is where you have to set up a wallet a wallet is what you make with your cryptocurrency Namecoin Wikipedia