Namecoins Etsy 2022

explain topics of the cryptocurrency world…Namecoins Etsy. utilizing analogies stories and examples so that you can quickly understand them in this video we are going to be describing what unstoppable domains is how they might be better than ens and what that implies for people entering into the complex crypto space prior to we really 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 utilizing to assist you comprehend dns so dns represents domain name service which is a fancy way of stating that it is a helpful service which permits us human beings to key in human readable addresses into the search bar and then it will immediately turn them into maker legible addresses so most of you are most likely knowledgeable about ip addresses and those are exactly how a computer at one end of the internet understands how to talk specifically to another computer elsewhere and not simply yell it into the abyss that is the web when you enter google.com and you hit enter your computer sends 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 using complicated math and software all of this

communication occurs behind the scenes however to you it’s basic 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 people would be puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and internet because it makes good sense to us so that’s essentially what a dns is a translator for human beings to speak machine code next up let’s see how this works for crypto ens is basically the very same thing that i simply discussed except it’s for ethereum ens stands for ethereum name service and basically lets me tell you that whiteboardcrypto.eth is my wallet address so you can just type that in and pay me 20 if you want by the way if you do not have 20 and you want to support the channel do not hesitate to leave a like below it’s free and it rewards all our hard work on this video and the past hundred that we have actually been truly hard at work developing 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

Existing domain name register to release domain name 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 type of blockchain based domain name you can move it to wherever you want whatever wallet you desire with ease alright so now let’s delve into my laptop computer and get into the guide area of the video where i want to reveal you unstoppable domain how to get a domain how to set up a particular wallet so you can attach the domain name that you purchased to your wallet and so on so you can truly comprehend how to appropriately use unstoppable domain names so let’s get going welcome to my laptop let’s start so this is unstoppable domains.com now to begin with this website is extremely easy you simply come here and then you key in the domain that you desire right here and after that click on search now i desire just wish to mention that they do have specific rate points for the number of characters are in the domain that you wish to get so something over 8 characters will be 40 the smaller the domain name the more costly it’s going to be so for example if i was come here and i key in my surname 2 400 uh i think i’ll pass however anyways let me go ahead and just include this to haul for presentation purposes we’ll go to the carts and that’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 strange 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 however payment gateway you want to utilize all right and that’s it and so when 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 reason why you ‘d desire to go through the process and really claim 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 fine so simply like when you purchase 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 really move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you know it’s like a hot wallet i guess you understand this is you you have not 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 couple of methods to declare your domain name the very first way is that you have to purchase 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 fees look this the ethereum network you really have to pay uh to move things on and off by means of gas fees number 2 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 till august so then they’ll have a scaling option that makes it simple to claim however anyways to get begun is really easy so we go here say if i desire to declare this one make a website.crypto we’ll declare with ethereum right there claim process began 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 strike 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 best click copy paste there we go boom put that in alright excellent now you’re like whoa what do i do choose wallet for declaring 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 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 simply going to utilize metamask so to begin with metamask is simple meta mask there we go fine so we click here then we wish to download it now click that set up metamask for chrome okay and let’s go on and contribute to chrome include extension and there we go fine so now the metamask app is set up on our internet browser so we just click begin we are new to metamask so here is where you have to establish a wallet a wallet is what you make with your cryptocurrency Namecoins Etsy