Purchasing Namecoin 2022

discuss subjects of the cryptocurrency world…Purchasing Namecoin. utilizing examples stories and examples so that you can easily 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 means for people entering the complex crypto area prior to we really get to understanding the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we love utilizing examples so that’s precisely what we’re going to be utilizing to assist you comprehend dns so dns represents domain name service which is an expensive method of stating that it is an useful service which permits us people to key in human legible addresses into the search bar and then it will instantly turn them into maker understandable addresses so the majority of you are most likely acquainted with ip addresses and those are exactly how a computer system at one end of the web understands how to talk specifically to another computer system elsewhere and not just yell it into the abyss that is the web when you enter google.com and you hit enter your computer system sends out 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 trying to find them and after that grabs a package back to send to you now the package is then unpacked by your computer system to show you the whole of the google.com web page using complicated mathematics and software all of this

interaction takes place behind the scenes however 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 individuals would be confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and internet because 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 essentially the same thing that i just discussed except it’s for ethereum ens represents ethereum name service and pretty much lets me tell you that whiteboardcrypto.eth is my wallet address so you can merely type that in and pay me 20 if you desire by the way if you don’t have 20 and you want to support the channel feel free to leave a like below it’s free and it rewards all our effort on this video and the past hundred that we have actually been truly hard at work creating however anyways if you’re not utilized to understanding crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d need to share

Current domain name register to launch 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 you can move it to any place you desire whatever wallet you desire with ease alright so now let’s delve into my laptop computer and enter into the tutorial section of the video where i want to reveal you unstoppable domain names how to get a domain name how to set up a specific wallet so you can attach the domain name that you purchased to your wallet and so on so you can truly understand how to properly utilize unstoppable domain names so let’s start welcome to my laptop let’s begin so this is unstoppable domains.com now to begin with this site is really basic you simply come here and after that you type in the domain name that you want right here and then click search now i want just wish to discuss that they do have particular cost 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 sized the domain name the more costly it’s going to be so for instance if i was come here and i key in my last name 2 400 uh i believe i’ll pass but anyways let me proceed and just include this to cart for presentation purposes we’ll go to the carts which’s it fine 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 strange 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 however payment entrance you want to utilize alright and that’s it and so 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 website dot crypto and that’s it how to declare your crypto domain address now the reason why you ‘d desire to go through the procedure and really declare uh your domain addresses because one then you really own it then two you can do whatever you desire with it if you desire to go sell it on some type of like nft market you can go ahead and do that okay so simply like when you buy any type of cryptocurrency from an exchange like uh coinbase for example what it is is simply 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 understand it’s like a hot wallet i guess you understand this is you you haven’t declared it yet so it’s an iou that you own this and so i simply desire to briefly reference at the time of this video that there are a couple of methods to claim your domain name the 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 charges 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 charges number 2 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 get started is very simple so we go here say if i want to declare this one make a website.crypto we’ll claim 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 leap 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 pick 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 advise 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 get going with metamask is simple meta mask there we go fine so we click here then we want to download it now click on that set up metamask for chrome fine and let’s proceed and contribute to chrome add extension and there we go alright so now the metamask app is set up on our web browser so we simply click on get going we are new to metamask so here is where you need to set up a wallet a wallet is what you do with your cryptocurrency Purchasing Namecoin