Namecoins Value 2022

describe subjects of the cryptocurrency world…Namecoins Value. utilizing examples stories and examples so that you can easily understand them in this video we are going to be describing what unstoppable domains is how they might be much better than ens and what that implies for individuals 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 white boards crypto we like using examples so that’s exactly what we’re going to be utilizing to help you understand dns so dns represents domain name service which is an elegant way of stating that it is a helpful service which enables us humans to type in human readable addresses into the search bar and after that it will instantly turn them into maker understandable addresses so the majority of you are most likely familiar 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 system elsewhere and not simply scream it into the abyss that is the web when you enter google.com and you struck enter your computer sends a message to your internet service provider stating yo where’s google the internet service provider discovers and goes to where google is tells them that you are searching for them and after that gets a bundle back to send to you now the bundle is then unpacked by your computer system to reveal you the whole of the google.com web page utilizing complex mathematics and software 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 people would be confused 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 people to speak machine code next up let’s see how this works for crypto ens is basically the exact same thing that i just mentioned other than 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 just 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 listed 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 developing but anyways if you’re not used to understanding crypto the option to sharing white boards crypto.eth with someone is i ‘d have to share

Current domain register to launch 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 move it to anywhere you want whatever wallet you desire with ease okay so now let’s jump into my laptop computer and get into the guide section of the video where i wish to reveal you unstoppable domain how to get a domain how to set up a particular wallet so you can connect the domain that you purchased to your wallet etc so you can really understand how to effectively 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 website is extremely basic you simply come here and then you key in the domain name that you want right here and after that click search now i desire simply want to mention that they do have particular cost points for how many characters are in the domain name that you want 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 example if i was come here and i type in my surname 2 400 uh i think i’ll pass but anyways let me go on and just include this to cart for presentation purposes we’ll go to the carts which’s it alright 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 versatile i like it’s that it’s not one of those weird 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 gateway you want to use 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 desire to go through the process and really declare uh your domain addresses due to the fact that one then you in fact own it then 2 you can do whatever you desire with it if you want to go offer it on some type of like nft market you can go ahead and do that okay 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 till you really 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 claimed it yet so it’s an iou that you own this and so i just desire to briefly mention at the time of this video that there are a couple of methods to claim your domain name the very first way is that you have to acquire 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 actually have to pay uh to move things on and off by means of gas fees number two is you can pay the gas fees 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 service that makes it simple to claim but anyways to get begun is extremely easy so we go here say if i desire to claim this one make a website.crypto we’ll claim with ethereum right there claim procedure 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 best click copy paste there we go boom put that in okay great 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 different 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 simply going to utilize metamask so to get going with metamask is simple meta mask there we go alright so we click on this link then we want to download it now click that install metamask for chrome all right 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 internet browser so we just click on 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 Namecoins Value