Polinex Namecoin 2022

describe subjects of the cryptocurrency world…Polinex Namecoin. utilizing examples stories and examples so that you can quickly understand 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 suggests for people entering into the complicated crypto space before we in fact get to understanding the power of unstoppable domains the first thing we’ll need 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 understand dns so dns means domain name service which is an elegant method of stating that it is a practical service which enables us humans to key in human understandable addresses into the search bar and then it will automatically turn them into maker understandable addresses so most of you are probably acquainted with ip addresses and those are precisely how a computer at one end of the web knows how to talk particularly to another computer system somewhere else and not simply scream it into the abyss that is the web when you type 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 discovers and goes to where google is tells them that you are looking for them and then grabs a plan back to send to you now the bundle is then unpacked by your computer to reveal you the entirety of the google.com home page utilizing complicated mathematics and software application all of this

interaction takes place behind the scenes but to you it’s easy and easy to use in fact if we had to type 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 internet because 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 very same thing that i just discussed except it’s for ethereum ens represents 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 desire by the way if you do not have 20 and you want 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 actually hard at work creating but anyways if you’re not used to understanding crypto the alternative to sharing whiteboard crypto.eth with somebody 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 etc 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 delve into my laptop and enter the guide area of the video where i wish to show you unstoppable domain names how to get a domain how to set up a particular wallet so you can connect the domain name that you purchased to your wallet and so on so you can actually understand how to appropriately utilize unstoppable domain names so let’s begin welcome to my laptop let’s begin so this is unstoppable domains.com now to begin with this website is extremely basic you simply come here and after that you enter the domain that you want right here and after that click on search now i desire simply wish to point out that they do have particular cost points for the number of characters remain in the domain that you want 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 on and just add this to cart for demonstration functions 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 versatile i like it’s that it’s not one of those odd crypto websites where you have to pay in cryptocurrency or you have to purchase unstoppable coin then exchange it or whatever no you can pay with however payment entrance you want to utilize okay 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 site dot crypto and that’s it how to claim your crypto domain address now the reason why you ‘d want to go through the procedure and really declare uh your domain addresses due to the fact that one then you actually own it then 2 you can do whatever you desire with it if you desire to go sell it on some type of like nft marketplace you can go ahead and do that alright so just like when you purchase any type of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou up until you really 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 guess you understand this is you you have not declared 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 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 charges you’re like what are gas charges 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 costs 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 up until august so then they’ll have a scaling service that makes it simple to claim but anyways to get begun is very simple so we go here state 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 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 simply highlight that ideal click copy paste there we go boom put that in fine terrific now you’re like whoa what do i do choose wallet for claiming 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 utilizing 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 alright so we click on this link then we want to download it now click on that set up metamask for chrome all right and let’s proceed and add to chrome add extension and there we go okay so now the metamask app is set up on our browser so we simply click get going we are brand-new to metamask so here is where you need to set up a wallet a wallet is what you finish with your cryptocurrency Polinex Namecoin