What Is Namecoin 2022

discuss topics of the cryptocurrency world…What Is Namecoin. utilizing examples stories and examples so that you can quickly understand them in this video we are going to be describing what unstoppable domains is how they might be better than ens and what that means for people getting into the complicated crypto area before we in fact get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we like utilizing examples so that’s exactly what we’re going to be using to assist you comprehend dns so dns represents domain service which is an elegant method of saying that it is an useful service which permits us human beings to key in human understandable addresses into the search bar and after that it will automatically turn them into machine understandable addresses so the majority of you are probably acquainted with ip addresses and those are exactly how a computer system at one end of the internet understands how to talk specifically to another computer system somewhere else and not simply scream it into the abyss that is the web when you key in 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 finds out 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 package is then unpacked by your computer system to reveal you the entirety of the google.com home page utilizing complicated mathematics and software application all of this

interaction takes place behind the scenes however to you it’s easy and user friendly in fact if we had to type in 8.8.8.8 into the url bar instead of google.com a lot more individuals would be confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and internet because it makes 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 basically the very same thing that i just discussed 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 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 feel free to leave a like listed below it’s free and it rewards all our hard work on this video and the past hundred that we have actually been really hard at work creating however anyways if you’re not used to comprehending crypto the alternative to sharing white boards crypto.eth with someone is i ‘d need to share

Existing domain name register to release 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 name you can move it to wherever you desire whatever wallet you desire with ease alright so now let’s jump into my laptop computer and get into the tutorial section of the video where i want to show you unstoppable domain how to get a domain how to establish a particular wallet so you can connect the domain name that you bought to your wallet etc so you can actually comprehend how to correctly use unstoppable domain so let’s get started welcome to my laptop computer let’s begin so this is unstoppable domains.com now to begin with this site is very simple you simply come here and then you key in the domain name that you desire right here and after that click search now i desire simply want to point out that they do have specific cost points for the number of characters are in the domain that you wish to get so something over 8 characters will be 40 the smaller the domain the more costly it’s going to be so for example if i was come here and i enter my last name 2 400 uh i believe i’ll pass but anyways let me proceed and simply include this to cart for demonstration functions we’ll go to the carts which’s it fine and

then you click here checkout which’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 weird 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 entrance you want to use okay and that’s it and so as soon as 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 which’s it how to claim your crypto domain address now the reason that you ‘d wish to go through the process and really claim uh your domain addresses due to the fact that one then you actually own it then 2 you can do whatever you desire with it if you want to go offer it on some type of like nft market you can go on and do that all right so much like when you purchase 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 really move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you know it resembles 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 want to briefly mention at the time of this video that there are a few ways to claim your domain the very first method is that you have to acquire a claim with credits charge so that costs uh at this time 40 per domain name therefore that’s spends for the gas charges you resemble what are gas costs look this the ethereum network you actually need to pay uh to move things on and off through 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 until august so then they’ll have a scaling solution that makes it easy to claim but anyways to get started is extremely basic 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 began so now we have to send the code by e-mail so click that and so right over here we’ll leap 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 okay terrific now you resemble 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 different wallets that they recommend 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 using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re simply going to use metamask so to get start with metamask is simple meta mask there we go okay so we click here then we want to download it now click on that install metamask for chrome all right and let’s go ahead and contribute to chrome add extension and there we go okay so now the metamask app is set up on our web browser so we simply click on get started 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 What Is Namecoin