Value Of Namecoin 2022

explain subjects of the cryptocurrency world…Value Of Namecoin. using 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 better than ens and what that indicates for individuals entering into the complex crypto space prior to we in fact get to understanding the power of unstoppable domains the first thing we’ll need to do is understand dns here at white boards crypto we love using examples so that’s precisely what we’re going to be utilizing to help you understand dns so dns stands for domain service which is an elegant way of saying that it is an useful service which enables us people to enter human readable addresses into the search bar and then it will immediately turn them into device readable addresses so most of you are most likely acquainted with ip addresses and those are exactly how a computer at one end of the web understands how to talk specifically to another computer system elsewhere and not just shout it into the abyss that is the web when you key in google.com and you struck enter your computer sends 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 trying to find them and then gets a package back to send to you now the bundle is then unpacked by your computer system to reveal you the totality of the google.com web page using complex mathematics and software application all of this

communication occurs behind the scenes however to you it’s simple and user friendly in fact if we needed to enter 8.8.8.8 into the url bar instead of google.com a lot more individuals would be puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and webs 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 same thing that i just pointed out other than it’s for ethereum ens stands for ethereum name service and basically lets me tell 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 below it’s free and it rewards all our effort on this video and the past hundred that we’ve been actually hard at work developing however anyways if you’re not used to comprehending crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d have to share

Current domain register to launch domain 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 you can transfer it to anywhere you desire whatever wallet you want with ease okay so now let’s delve into my laptop computer and enter the guide section of the video where i want to reveal you unstoppable domain 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 etc so you can truly understand how to properly use 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 site is very basic you just come here and after that you enter the domain that you want right here and then click search now i desire just want to mention that they do have specific rate points for the number of 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 example if i was come here and i enter my last name 2 400 uh i think i’ll pass but anyways let me go on and simply add this to cart for presentation functions we’ll go to the carts and that’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 flexible i like it’s that it’s not one of those weird crypto sites 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 all right 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 website 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 actually claim uh your domain addresses since one then you actually own it then 2 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 okay so just like when you buy any type of cryptocurrency from an exchange like uh coinbase for example what it is is just an iou it’s an iou till you actually move the cryptocurrency from coinbase to your own wallet this is the very same so this is on there this is you understand it’s like a hot wallet i think you know this is you you haven’t declared it yet so it’s an iou that you own this and so i simply want to briefly mention at the time of this video that there are a few ways to declare your domain name the first way is that you have to purchase a claim with credits fee so that expenses uh at this time 40 per domain name and so that’s pays for the gas fees you’re like what are gas fees look this the ethereum network you actually have to pay uh to move things on and off through gas costs number 2 is you can pay the gas charges straight 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 till august so then they’ll have a scaling service that makes it easy to claim but anyways to get started is very easy so we go here state if i desire to declare this one make a website.crypto we’ll claim with ethereum right there declare procedure started so now we have to send 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 okay excellent now you’re like whoa what do i do select 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 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 using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re just going to use metamask so to start with metamask is simple meta mask there we go all right so we click here then we want to download it now click on that install metamask for chrome alright 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 simply click begin we are new to metamask so here is where you have to establish a wallet a wallet is what you finish with your cryptocurrency Value Of Namecoin