Wallet.Dat Namecoin 2022

explain subjects of the cryptocurrency world…Wallet.Dat Namecoin. using analogies 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 means for individuals entering into the complicated 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 love utilizing examples so that’s exactly what we’re going to be utilizing to assist you comprehend dns so dns represents domain service which is an elegant way of stating that it is a valuable service which permits us humans to enter human readable addresses into the search bar and after that it will instantly turn them into device legible addresses so the majority of you are probably acquainted with ip addresses and those are precisely how a computer at one end of the internet knows how to talk specifically to another computer somewhere else and not simply shout it into the void that is the web when you key in google.com and you struck enter your computer sends a message to your internet service provider saying 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 plan is then unpacked by your computer to show you the totality of the google.com home page using complicated mathematics and software application all of this

interaction occurs behind the scenes but to you it’s easy and easy to use in fact if we had to enter 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 nets because it makes sense to us so that’s essentially what a dns is a translator for humans to speak machine code next up let’s see how this works for crypto ens is essentially 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 tell you that whiteboardcrypto.eth is my wallet address so you can just type that in and pay me 20 if you want by the way if you do not have 20 and you want to support the channel feel free to leave a like below it’s complimentary and it rewards all our effort on this video and the past hundred that we have actually been actually hard at work creating but anyways if you’re not utilized to understanding crypto the option to sharing whiteboard crypto.eth with someone is i ‘d have to share

Existing domain name 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 type of blockchain based domain you can transfer it to any place you desire whatever wallet you desire with ease all right so now let’s jump into my laptop and enter into the guide area of the video where i wish to reveal you unstoppable domain names how to get a domain name how to establish a particular wallet so you can attach the domain name that you purchased to your wallet and so on so you can actually understand how to properly utilize unstoppable domain so let’s get started welcome to my laptop computer let’s start so this is unstoppable domains.com now to get going with this website is extremely basic you just come here and after that you enter the domain that you desire right here and then click on search now i want just wish to point out that they do have specific cost points for the number of characters remain in the domain name that you wish 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 example if i was come here and i enter my last name 2 400 uh i think i’ll pass however anyways let me proceed and just include this to cart for demonstration purposes we’ll go to the carts and that’s it fine and

then you click on 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 buy unstoppable coin then exchange it or whatever no you can pay with however payment gateway you wish to use all right and that’s it therefore once 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 claim your crypto domain address now the reason that you ‘d want to go through the process and actually claim uh your domain addresses because one then you in fact own it then 2 you can do whatever you want with it if you wish to go offer it on some type of like nft market you can go ahead and do that alright so similar to 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 until you really 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 understand this is you you have not claimed it yet so it’s an iou that you own this and so i just want to briefly mention at the time of this video that there are a few methods to claim your domain name the very first method is that you need to acquire a claim with credits cost so that expenses uh at this time 40 per domain name and so that’s pays for the gas fees you resemble what are gas charges look this the ethereum network you actually need 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 currently have a wallet set up and you have ethereum in there you can pay with your own ethereum or you can simply wait up until august so then they’ll have a scaling service that makes it simple to claim but anyways to get going is very easy so we go here say if i wish to claim this one make a website.crypto we’ll declare with ethereum right there declare procedure started so now we need to send out the code by email so click that therefore right over here we’ll leap 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 all right 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 specifically for ethereum now there are a few different wallets that they suggest 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 simply going to utilize metamask so to begin with metamask is simple meta mask there we go okay so we click on this link then we wish to download it now click that install metamask for chrome okay and let’s proceed and contribute to chrome include extension and there we go alright so now the metamask app is installed on our internet browser so we simply click get started we are new to metamask so here is where you need to set up a wallet a wallet is what you make with your cryptocurrency Wallet.Dat Namecoin