Vincent Durham Namecoin 2022

describe topics of the cryptocurrency world…Vincent Durham Namecoin. utilizing examples 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 much better than ens and what that means for people getting into the complex crypto space before we actually get to understanding the power of unstoppable domains the first thing we’ll need to do is understand dns here at whiteboard crypto we enjoy utilizing examples so that’s precisely what we’re going to be using to help you comprehend dns so dns stands for domain name service which is an elegant method of stating that it is a handy service which permits us humans to enter human understandable addresses into the search bar and then it will automatically turn them into machine legible 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 shout it into the abyss 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 saying 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 after that gets a bundle back to send out to you now the plan is then unpacked by your computer to reveal you the whole of the google.com home page utilizing complex math and software application all of this

communication takes place behind the scenes but to you it’s basic and easy to use in fact if we needed to key in 8.8.8.8 into the url bar instead of google.com a lot more individuals would be puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and webs due to the fact that it makes good sense to us so that’s basically what a dns is a translator for people to speak machine code next up let’s see how this works for crypto ens is essentially the exact same thing that i just discussed other than it’s for ethereum ens represents ethereum name service and basically 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 wish to support the channel feel free to leave a like listed below it’s complimentary and it rewards all our effort on this video and the past hundred that we have actually been really hard at work creating but anyways if you’re not utilized to understanding crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d need to share

Present domain register to launch domain name or in order to move it over to this other domain name 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 wherever 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 reveal you unstoppable domain names how to get a domain how to set up a specific wallet so you can connect the domain that you purchased to your wallet etc so you can really comprehend how to properly utilize unstoppable domain so let’s get going welcome to my laptop computer let’s start so this is unstoppable domains.com now to get started with this website is very basic you simply come here and then you type in the domain that you desire right here and after that click on search now i want simply wish to point out that they do have particular cost points for how many characters remain in the domain name that you want to get so something over 8 characters will be 40 the smaller sized the domain the more expensive it’s going to be so for instance if i was come here and i enter my surname 2 400 uh i believe i’ll pass but anyways let me proceed and simply add this to haul for presentation purposes we’ll go to the carts which’s it all right 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 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 entrance you want to utilize okay 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 process and really claim uh your domain addresses due to the fact that one then you really own it then 2 you can do whatever you want with it if you want to go offer it on some type of like nft marketplace you can go ahead and do that all right 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 up until you in fact move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you know it’s like a hot wallet i guess you know 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 few methods to declare your domain name the very first way is that you have to purchase a claim with credits cost so that expenses uh at this time 40 per domain name and so that’s pays for the gas costs you’re like what are gas fees look this the ethereum network you really have to pay uh to move things on and off via gas charges number two 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 up until august so then they’ll have a scaling service that makes it simple to claim however anyways to get started is really easy so we go here state if i desire to claim this one make a website.crypto we’ll declare with ethereum right there declare procedure started so now we have to send out the code by e-mail so click that and so right over here we’ll jump over here and wait for 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 simply highlight that ideal click copy paste there we go boom put that in alright terrific 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 specifically for ethereum now there are a few 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 utilizing desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re just going to utilize metamask so to get going with metamask is easy meta mask there we go okay so we click here then we wish to download it now click on that install metamask for chrome all right 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 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 Vincent Durham Namecoin