Slushpool And Namecoin 2022

discuss topics of the cryptocurrency world…Slushpool And Namecoin. using analogies stories and examples so that you can quickly 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 suggests for people getting into the complicated crypto space before we really 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 exactly what we’re going to be using to help you understand dns so dns represents domain name service which is an expensive way of stating that it is a handy service which enables us humans to enter human readable addresses into the search bar and then it will automatically turn them into device understandable addresses so the majority of you are most likely knowledgeable about ip addresses and those are precisely how a computer at one end of the internet understands how to talk particularly to another computer system elsewhere and not just yell it into the void that is the web when you enter google.com and you struck enter your computer system sends out 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 trying to find them and then gets a bundle 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 complicated math and software all of this

interaction takes place 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 do not speak in numbers or ip addresses we speak in dot coms dot orgs and internet due to the fact that it makes sense to us so that’s essentially what a dns is a translator for people 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 means ethereum name service and practically lets me inform you that whiteboardcrypto.eth is my wallet address so you can simply 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 totally free and it rewards all our effort on this video and the past hundred that we’ve 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 have to share

Present domain name register to launch 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 type of blockchain based domain you can move it to anywhere you want whatever wallet you desire with ease fine so now let’s delve into my laptop computer and enter the guide area of the video where i wish to show you unstoppable domain names how to get a domain name how to establish a particular wallet so you can attach the domain that you purchased to your wallet and so on so you can truly comprehend how to properly utilize unstoppable domain so let’s start welcome to my laptop computer 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 type in the domain name that you desire right here and then click on search now i desire just wish to mention that they do have specific price 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 the domain name the more expensive it’s going to be so for instance if i was come here and i key in my last name 2 400 uh i think i’ll pass however anyways let me go on and simply include this to cart for presentation functions we’ll go to the carts which’s it fine and

then you click on here checkout and that’s it and so you can pay with a charge 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 sites where you need to pay in cryptocurrency or you have to buy unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you want to utilize alright 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 claim your crypto domain address now the reason why you ‘d wish to go through the process and really declare uh your domain addresses due to the fact that one then you actually own it then two you can do whatever you desire with it if you want to go offer it on some kind of like nft market you can go ahead and do that fine so just like when you purchase any kind of cryptocurrency from an exchange like uh coinbase for example what it is is just 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 guess you know this is you you have not declared it yet so it’s an iou that you own this and so i just wish to briefly mention at the time of this video that there are a few ways to declare your domain name the first method is that you have to buy a claim with credits fee so that costs uh at this time 40 per domain therefore that’s spends for the gas charges you resemble 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 fees number two is you can pay the gas costs straight from your own wallet so if you already have a wallet established and you have ethereum in there you can pay with your own ethereum or you can simply wait until august so then they’ll have a scaling service that makes it simple to claim however anyways to start is very simple so we go here state if i want to declare this one make a website.crypto we’ll declare with ethereum right there claim process started so now we have to send out the code by e-mail so click that and so right over here we’ll leap over here and await 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 best click copy paste there we go boom put that in fine great 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 particularly for ethereum now there are a couple of various wallets that they advise 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 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 all right so we click here then we want to download it now click on that set up metamask for chrome alright and let’s go ahead and add to chrome add extension and there we go fine so now the metamask app is installed on our web browser so we simply click start we are new to metamask so here is where you have to establish a wallet a wallet is what you finish with your cryptocurrency Slushpool And Namecoin