Onvert Namecoin To Bitcoin 2022

describe topics of the cryptocurrency world…Onvert Namecoin To Bitcoin. utilizing analogies stories and examples so that you can quickly comprehend them in this video we are going to be discussing what unstoppable domains is how they might be better than ens and what that indicates for people getting into the complex crypto space before we in fact get to comprehending the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we enjoy using examples so that’s precisely what we’re going to be using to assist you comprehend dns so dns means domain service which is a fancy method of saying that it is a practical service which enables us humans to type in human legible addresses into the search bar and then it will automatically turn them into device legible addresses so most of you are most likely acquainted with ip addresses and those are precisely how a computer at one end of the web understands how to talk particularly to another computer elsewhere and not simply scream it into the void that is the web when you type 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 discovers and goes to where google is tells them that you are trying to find them and after that grabs a package back to send out to you now the package is then unpacked by your computer system to reveal you the entirety of the google.com web page using complex mathematics and software all of this

communication happens behind the scenes but to you it’s basic and easy to use in fact if we needed to enter 8.8.8.8 into the url bar instead of google.com a lot more individuals would be confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and nets since it makes good sense to us so that’s essentially 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 just mentioned except it’s for ethereum ens means ethereum name service and practically 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 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 effort on this video and the past hundred that we’ve been actually hard at work producing but anyways if you’re not used to understanding crypto the option to sharing white boards crypto.eth with somebody is i ‘d have to share

Present domain name 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 you can move it to any place you desire whatever wallet you want with ease all right so now let’s delve into my laptop and get into the tutorial 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 bought to your wallet etc so you can actually comprehend how to correctly utilize unstoppable domain names so let’s begin welcome to my laptop computer let’s begin so this is unstoppable domains.com now to begin with this website is very simple you simply come here and after that you type in the domain that you want right here and then click search now i desire just wish to point out that they do have particular rate points for how many characters are in the domain that you wish 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 enter my last name 2 400 uh i believe i’ll pass however anyways let me go on and simply include this to haul for demonstration purposes we’ll go to the carts which’s it all right and

then you click here checkout which’s it therefore 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 odd crypto websites where you need to pay in cryptocurrency or you need to purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you wish to use fine which’s it therefore as soon as you’re all set then you’ll have your my domain list in your account therefore we have right down there so i own my name dot crypto and make a website dot crypto and that’s it how to declare your crypto domain address now the reason why you ‘d want to go through the process and really declare uh your domain addresses since one then you really own it then 2 you can do whatever you want with it if you wish to go offer it on some type of like nft marketplace you can go on and do that okay so similar to when you purchase any kind of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou until you in fact 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 declared 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 claim your domain name the very first method is that you need to acquire a claim with credits fee so that costs uh at this time 40 per domain therefore that’s pays for the gas costs you resemble what are gas charges look this the ethereum network you in fact have to pay uh to move things on and off through gas charges number two is you can pay the gas charges straight 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 until august so then they’ll have a scaling solution that makes it simple to claim but anyways to begin is really basic so we go here state if i wish to claim this one make a website.crypto we’ll declare with ethereum right there declare procedure began so now we need to send out the code by email so click that therefore right over here we’ll leap over here and wait on 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 terrific now you’re like whoa what do i do select 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 different wallets that they suggest 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 using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re simply going to use metamask so to get start with metamask is easy meta mask there we go okay so we click here then we wish to download it now click on that install metamask for chrome alright and let’s proceed and contribute to chrome add extension and there we go alright so now the metamask app is installed on our browser so we simply click on start we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you do with your cryptocurrency Onvert Namecoin To Bitcoin