What Is Namecoin Worth 2022

explain topics of the cryptocurrency world…What Is Namecoin Worth. using analogies stories and examples so that you can easily comprehend them in this video we are going to be explaining what unstoppable domains is how they might be much better than ens and what that suggests for people entering the complicated crypto space prior to we in fact get to comprehending 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 utilizing to assist you understand dns so dns means domain service which is an expensive way of saying that it is an useful service which permits us people to type in human understandable 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 understands how to talk particularly to another computer somewhere else and not just yell it into the abyss that is the web when you key in google.com and you hit enter your computer sends a message to your internet service provider saying yo where’s google the internet service provider finds out and goes to where google is tells them that you are looking for them and after that grabs a bundle back to send to you now the package is then unpacked by your computer system to reveal you the totality of the google.com web page utilizing complex mathematics and software application all of this

communication takes place behind the scenes however to you it’s simple and easy to use 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 confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and internet due to the fact that it makes good sense to us so that’s essentially what a dns is a translator for human beings to speak machine code next up let’s see how this works for crypto ens is essentially the same thing that i simply mentioned other than it’s for ethereum ens represents 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 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 totally free 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 used to understanding crypto the option to sharing white boards crypto.eth with somebody 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 etc uh when you have a dot crypto dot zill any type of blockchain based domain you can transfer it to anywhere you want whatever wallet you desire with ease fine so now let’s jump into my laptop and enter into the guide section of the video where i want to reveal you unstoppable domain how to get a domain how to set up a specific wallet so you can connect the domain name that you bought to your wallet and so on so you can truly comprehend how to appropriately use unstoppable domain names so let’s get going welcome to my laptop computer let’s start so this is unstoppable domains.com now to get going with this site is extremely basic you simply come here and after that you enter the domain name that you want right here and after that click on search now i desire simply wish to point out that they do have specific price points for how many characters remain in the domain 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 instance if i was come here and i key in my surname 2 400 uh i think i’ll pass but 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

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 strange 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 use fine and that’s it and so as soon as 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 claim your crypto domain address now the factor why you ‘d desire to go through the process and really declare uh your domain addresses because one then you actually own it then two 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 ahead and do that alright so simply 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 in fact move the cryptocurrency from coinbase to your own wallet this is the exact same so this is on there this is you understand it’s like a hot wallet i think you know 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 have to purchase a claim with credits cost so that costs uh at this time 40 per domain name and so that’s pays for the gas charges 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 fees number two 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 simple to claim but anyways to get started is very 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 the code by email so click that and so right over here we’ll jump 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 all right excellent now you’re like whoa what do i do select 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 couple of various wallets that they advise 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 alright so we click here then we want to download it now click on that install metamask for chrome okay and let’s proceed and contribute to chrome include extension and there we go fine so now the metamask app is installed on our web browser so we just click on get started we are brand-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 Worth