What To Do With Your Namecoin 2022

describe subjects of the cryptocurrency world…What To Do With Your 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 much better than ens and what that implies for individuals getting into the complicated crypto space before we really get to understanding the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we like using examples so that’s precisely what we’re going to be utilizing to assist you comprehend dns so dns represents domain service which is an elegant way of saying that it is a valuable service which allows us people to enter human legible addresses into the search bar and then it will automatically turn them into device 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 particularly to another computer elsewhere and not just scream it into the void that is the web when you type in google.com and you struck enter your computer system sends 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 grabs a bundle back to send out to you now the bundle is then unpacked by your computer to show you the whole of the google.com web page using complex math and software application all of this

interaction happens behind the scenes however to you it’s simple 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 people would be confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and internet since 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 basically the exact same thing that i simply discussed other than it’s for ethereum ens means ethereum name service and practically lets me tell you that whiteboardcrypto.eth is my wallet address so you can simply type that in and pay me 20 if you want by the way if you don’t have 20 and you wish to support the channel feel free to leave a like listed below it’s free and it rewards all our effort on this video and the past hundred that we have actually been truly hard at work producing however anyways if you’re not utilized to comprehending crypto the option to sharing whiteboard crypto.eth with somebody is i ‘d have to share

Existing domain register to launch domain 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 any place you desire whatever wallet you desire with ease okay so now let’s delve into my laptop and enter into the tutorial area of the video where i wish to reveal you unstoppable domain names how to get a domain how to set up a particular wallet so you can connect the domain name that you purchased to your wallet and so on so you can truly comprehend how to correctly use unstoppable domain so let’s get going welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get started with this site is very easy you just come here and after that you enter the domain name that you want right here and after that click search now i want just wish to discuss that they do have specific 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 pricey it’s going to be so for example if i was come here and i enter my surname 2 400 uh i believe i’ll pass however anyways let me go ahead and simply include this to cart for demonstration functions we’ll go to the carts and that’s it all right 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 have to purchase unstoppable coin then exchange it or whatever no you can pay with however payment entrance you want to utilize fine which’s it therefore when you’re all set then you’ll have your my domain list in your account therefore 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 you ‘d wish to go through the process and actually claim uh your domain addresses due to the fact that one then you in fact own it then 2 you can do whatever you desire with it if you wish to go sell it on some type of like nft market you can proceed and do that fine so just like when you buy any kind of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou up until you actually 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 therefore i just wish to briefly reference at the time of this video that there are a couple of methods to claim your domain name the very first method is that you have to acquire a claim with credits charge so that expenses uh at this time 40 per domain name and so that’s pays for the gas fees you’re like what are gas fees look this the ethereum network you really 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 already have a wallet established 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 option that makes it simple to claim however anyways to get going is really simple so we go here say if i want to claim this one make a website.crypto we’ll declare with ethereum right there declare process started so now we need to send the code by e-mail so click that and so right over here we’ll jump over here and await 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 just highlight that best click copy paste there we go boom put that in alright excellent now you resemble whoa what do i do pick 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 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 utilizing desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re simply going to use metamask so to begin with metamask is simple meta mask there we go okay so we click on this link then we want to download it now click that install metamask for chrome fine and let’s go on and contribute to chrome include extension and there we go alright so now the metamask app is installed on our internet browser so we just click on get started we are new to metamask so here is where you have to establish a wallet a wallet is what you finish with your cryptocurrency What To Do With Your Namecoin