Restore Namecoin Wallet 2022

describe topics of the cryptocurrency world…Restore Namecoin Wallet. utilizing analogies stories and examples so that you can easily comprehend them in this video we are going to be explaining what unstoppable domains is how they might be better than ens and what that implies for people entering the complicated crypto area prior to we actually get to comprehending the power of unstoppable domains the first thing we’ll need to do is understand dns here at whiteboard crypto we love utilizing examples so that’s exactly what we’re going to be utilizing to assist you understand dns so dns stands for domain service which is an elegant way of saying that it is a handy service which allows us people to enter human understandable addresses into the search bar and after that it will automatically turn them into device readable addresses so the majority of you are most likely knowledgeable about ip addresses and those are precisely how a computer system at one end of the internet understands how to talk specifically to another computer elsewhere and not simply shriek it into the abyss that is the web when you type in google.com and you struck enter your computer sends out 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 looking for them and then gets a bundle back to send out to you now the package is then unpacked by your computer system to show you the whole of the google.com web page utilizing complicated mathematics and software all of this

communication happens behind the scenes however to you it’s simple and user friendly in fact if we needed to type in 8.8.8.8 into the url bar instead of google.com a lot more people would be puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and internet since it makes sense to us so that’s essentially what a dns is a translator for human beings to speak machine code next up let’s see how this works for crypto ens is basically the very same thing that i just pointed out other than 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 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 hard work on this video and the past hundred that we’ve been really hard at work creating however anyways if you’re not used to comprehending crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d have to share

Present domain register to release domain name or in order to move it over to this other domain name register etc uh when you have a dot crypto dot zill any kind of blockchain based domain name you can move it to wherever you want whatever wallet you desire with ease all right so now let’s jump into my laptop and enter into the tutorial area of the video where i want to reveal you unstoppable domain names how to get a domain name how to establish a particular wallet so you can connect the domain name that you bought to your wallet etc so you can actually comprehend how to effectively use unstoppable domain so let’s begin welcome to my laptop let’s begin so this is unstoppable domains.com now to get started with this website is extremely simple you just come here and then you key in the domain that you desire right here and after that click search now i want just want to mention that they do have specific cost points for how many characters are in the domain name 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 example if i was come here and i key in my surname 2 400 uh i believe i’ll pass however anyways let me go on and just include this to cart for presentation purposes we’ll go to the carts and that’s it okay and

then you click here checkout which’s it and so 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 strange crypto websites where you need 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 wish to use all right and that’s it and so when you’re all set then you’ll have your my domain 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 want to go through the process and actually claim uh your domain addresses due to the fact that one then you actually own it then 2 you can do whatever you want with it if you want to go sell it on some type of like nft marketplace you can go on and do that all right so similar to 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 till you actually move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you understand it resembles a hot wallet i think you know this is you you have not claimed it yet so it’s an iou that you own this and so i simply want to briefly reference at the time of this video that there are a few methods to declare your domain the very first method is that you have to purchase a claim with credits charge so that expenses uh at this time 40 per domain name and so that’s pays for the gas costs you resemble what are gas charges look this the ethereum network you really have to pay uh to move things on and off via gas costs number two is you can pay the gas charges 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 till august so then they’ll have a scaling service that makes it simple to claim but anyways to start is really basic so we go here say if i wish to declare this one make a website.crypto we’ll claim with ethereum right there declare process began so now we need to send the code by e-mail so click that therefore 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 best click copy paste there we go boom put that in all right terrific now you resemble 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 various 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 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 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 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 set up on our browser so we just click on get going 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 Restore Namecoin Wallet