Nmc Namecoin 2022

discuss topics of the cryptocurrency world…Nmc Namecoin. using examples stories and examples so that you can quickly understand 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 complicated crypto space prior to we actually get to comprehending the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at whiteboard crypto we enjoy utilizing examples so that’s precisely what we’re going to be utilizing to assist you understand dns so dns means domain service which is an elegant way of stating that it is a handy service which allows us humans to key in human legible addresses into the search bar and after that it will immediately turn them into device legible addresses so most of you are probably familiar with ip addresses and those are exactly how a computer at one end of the internet understands how to talk particularly to another computer system elsewhere and not simply shriek it into the void that is the web when you key in google.com and you struck enter your computer system sends a message to your internet service provider stating yo where’s google the internet service provider finds out 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 whole of the google.com web page using complex math and software application all of this

interaction happens behind the scenes however 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 people 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 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 basically the exact same thing that i just mentioned except it’s for ethereum ens means ethereum name service and pretty much 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 do not have 20 and you wish to support the channel feel free to leave a like listed 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 utilized to understanding crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d have to share

Present domain name register to release domain name or in order to move it over to this other domain register etc uh when you have a dot crypto dot zill any type of blockchain based domain name you can move it to anywhere you desire whatever wallet you desire with ease all right so now let’s delve into my laptop and enter into the tutorial section of the video where i want to show you unstoppable domain names how to get a domain how to set up a specific wallet so you can attach the domain that you bought to your wallet and so on so you can really comprehend how to properly use unstoppable domain names so let’s begin welcome to my laptop let’s start so this is unstoppable domains.com now to begin with this site is very simple you just come here and then you enter the domain that you desire right here and after that click search now i desire simply wish to point out that they do have specific rate points for the number of characters remain in the domain name that you want to get so something over 8 characters will be 40 the smaller sized the domain name the more pricey it’s going to be so for instance if i was come here and i type in my surname 2 400 uh i think i’ll pass however anyways let me go ahead and just add this to cart for demonstration purposes we’ll go to the carts and that’s it okay and

then you click on here checkout which’s it therefore you can pay with a charge 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 unusual 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 wish to use okay and that’s it therefore 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 which’s it how to declare your crypto domain address now the reason why you ‘d want to go through the procedure and in fact declare uh your domain addresses since 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 marketplace you can proceed and do that alright so just like when you purchase any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is just an iou it’s an iou 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 resembles a hot wallet i guess you know this is you you have not claimed it yet so it’s an iou that you own this therefore i simply wish to briefly mention at the time of this video that there are a couple of ways to declare your domain name the first way is that you need to purchase a claim with credits fee so that expenses uh at this time 40 per domain and so that’s pays for the gas fees you resemble what are gas fees look this the ethereum network you really have to pay uh to move things on and off via gas costs second 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 just wait up until august so then they’ll have a scaling solution that makes it easy to claim but anyways to start is very easy so we go here state if i want to claim this one make a website.crypto we’ll claim with ethereum right there claim process began so now we need to send out the code by e-mail 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 all right terrific 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 specifically for ethereum now there are a couple of different wallets that they suggest 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 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 okay so now the metamask app is installed on our browser so we simply click on start we are new to metamask so here is where you have to set up a wallet a wallet is what you do with your cryptocurrency Nmc Namecoin