Wallets For Namecoin 2022

describe subjects of the cryptocurrency world…Wallets For Namecoin. using analogies stories and examples so that you can quickly comprehend 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 people getting into the complicated crypto space prior to we actually get to understanding the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we like utilizing examples so that’s exactly what we’re going to be utilizing to help you understand dns so dns means domain name service which is an elegant way of saying that it is a valuable service which enables us humans to enter human readable addresses into the search bar and then it will immediately turn them into device understandable addresses so the majority of you are probably acquainted with ip addresses and those are precisely how a computer system at one end of the web knows how to talk specifically to another computer system elsewhere and not simply yell it into the abyss that is the web when you type in 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 searching for them and after that gets a bundle back to send out to you now the plan is then unpacked by your computer system to reveal you the totality of the google.com home page using complex math and software application all of this

interaction takes place behind the scenes but to you it’s simple and easy to use in fact if we had to key 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 webs due to the fact that it makes good sense to us so that’s basically 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 just mentioned except 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 merely type that in and pay me 20 if you desire by the way if you don’t have 20 and you want to support the channel do not hesitate to leave a like listed below it’s totally free and it rewards all our effort on this video and the past hundred that we’ve been actually hard at work producing however anyways if you’re not used to comprehending crypto the alternative to sharing whiteboard crypto.eth with somebody 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 register and so on uh when you have a dot crypto dot zill any type of blockchain based domain you can transfer it to wherever you want whatever wallet you want 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 show you unstoppable domain names how to get a domain name how to set up a particular wallet so you can connect the domain that you bought to your wallet and so on so you can actually comprehend how to correctly use unstoppable domain so let’s begin welcome to my laptop let’s start so this is unstoppable domains.com now to get started with this site is very simple you simply come here and after that you key in the domain that you want right here and after that click on search now i desire simply want to discuss that they do have particular rate points for how many characters are in the domain 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 type in my surname 2 400 uh i believe i’ll pass however anyways let me proceed and just include this to haul for presentation purposes we’ll go to the carts which’s it okay and

then you click 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 really like i like that it’s versatile i like it’s that it’s not one of those weird crypto websites where you need to pay in cryptocurrency or you need to purchase unstoppable coin then exchange it or whatever no you can pay with however payment entrance you want to utilize okay which’s it and so once you’re all set then you’ll have your my domain name list in your account therefore we have right down there so i own my name dot crypto and make a website dot crypto which’s it how to declare your crypto domain address now the reason you ‘d wish to go through the procedure and in fact declare uh your domain addresses due to the fact that one then you in fact own it then 2 you can do whatever you want with it if you want to go sell it on some type of like nft marketplace you can proceed and do that fine so similar to when you buy any type of cryptocurrency from an exchange like uh coinbase for instance what it is is simply an iou it’s an iou up 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 guess you understand this is you you have not claimed 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 claim your domain name the first way is that you need to buy a claim with credits cost so that expenses uh at this time 40 per domain and so that’s spends for the gas costs you’re like what are gas costs look this the ethereum network you in fact need to pay uh to move things on and off by means of gas costs number two is you can pay the gas costs straight from your own wallet so if you currently have a wallet established 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 solution that makes it easy to claim but anyways to get going is extremely easy so we go here state if i want to claim this one make a website.crypto we’ll claim with ethereum right there claim process started so now we need to send the code by email so click that therefore right over here we’ll jump over here and wait on 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 all right fantastic now you resemble 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 just going to utilize metamask so to start with metamask is simple meta mask there we go okay so we click here then we want to download it now click that set up metamask for chrome alright and let’s go on and add to chrome include extension and there we go all right so now the metamask app is installed on our internet browser so we simply click start we are new to metamask so here is where you need to set up a wallet a wallet is what you finish with your cryptocurrency Wallets For Namecoin