Selling Namecoin For Bitcoin 2022

explain subjects of the cryptocurrency world…Selling Namecoin For Bitcoin. using examples stories and examples so that you can easily comprehend them in this video we are going to be describing what unstoppable domains is how they might be much better than ens and what that implies for people entering into the complex crypto area prior to we in fact get to understanding the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at white boards crypto we enjoy using examples so that’s exactly what we’re going to be utilizing to assist you comprehend dns so dns means domain name service which is a fancy way of saying that it is a valuable service which permits us human beings to key in human readable addresses into the search bar and after that it will instantly turn them into maker readable addresses so most of you are probably acquainted with ip addresses and those are precisely how a computer at one end of the internet understands how to talk specifically to another computer somewhere else and not just shout it into the abyss that is the web when you enter google.com and you hit enter your computer system sends 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 gets a plan back to send to you now the bundle is then unpacked by your computer system to reveal you the entirety of the google.com home page utilizing complicated mathematics and software application all of this

communication happens behind the scenes but to you it’s easy and user friendly in fact if we had to enter 8.8.8.8 into the url bar instead of google.com a lot more individuals would be confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and webs because it makes good sense to us so that’s basically 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 simply pointed out other than it’s for ethereum ens stands for ethereum name service and practically lets me inform you that whiteboardcrypto.eth is my wallet address so you can merely 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 do not hesitate to leave a like listed below it’s free and it rewards all our hard work on this video and the past hundred that we have actually been really hard at work developing but anyways if you’re not utilized to understanding crypto the option to sharing white boards crypto.eth with somebody is i ‘d have to share

Present domain name register to release domain or in order to move it over to this other domain register and so on uh when you have a dot crypto dot zill any type of blockchain based domain name you can transfer it to anywhere you desire whatever wallet you want with ease all right so now let’s jump into my laptop computer and get into the guide section of the video where i wish to show you unstoppable domain 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 etc so you can really comprehend how to properly utilize 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 site is extremely simple you just come here and then you enter the domain name that you want right here and then click search now i desire simply want to discuss that they do have specific cost points for the number of characters remain in the domain that you wish to get so something over 8 characters will be 40 the smaller sized the domain name the more expensive it’s going to be so for instance if i was come here and i type in my last name 2 400 uh i believe i’ll pass however anyways let me proceed and just add this to haul for demonstration functions we’ll go to the carts and that’s it alright 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 actually like i like that it’s flexible 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 nevertheless payment gateway you desire to utilize alright 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 declare your crypto domain address now the reason why you ‘d desire to go through the procedure and in fact declare uh your domain addresses due to the fact that one then you really own it then two you can do whatever you desire with it if you desire to go offer it on some type of like nft marketplace you can go ahead and do that alright so just 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 actually 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 think you know this is you you have not declared it yet so it’s an iou that you own this and so i just want to briefly reference at the time of this video that there are a couple of methods to claim your domain name the 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 charges you’re like what are gas costs look this the ethereum network you actually have to pay uh to move things on and off through gas charges number 2 is you can pay the gas fees straight 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 just wait till august so then they’ll have a scaling option 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 declare 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 just highlight that ideal click copy paste there we go boom put that in alright excellent 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 particularly for ethereum now there are a few various 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 just going to utilize metamask so to start with metamask is simple meta mask there we go all right so we click here then we wish to download it now click that set up metamask for chrome fine and let’s go ahead and add to chrome include extension and there we go okay so now the metamask app is set up on our web browser so we just click on begin we are new to metamask so here is where you need to establish a wallet a wallet is what you finish with your cryptocurrency Selling Namecoin For Bitcoin