explain topics of the cryptocurrency world…Where To Store Namecoin?. using analogies stories and examples so that you can quickly comprehend them in this video we are going to be discussing what unstoppable domains is how they might be better than ens and what that suggests for people entering into the complicated crypto area prior to we in fact get to comprehending the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at white boards crypto we love using examples so that’s precisely what we’re going to be using to help you comprehend dns so dns represents domain name service which is a fancy method of stating that it is a valuable service which permits us humans to key in human legible addresses into the search bar and after that it will instantly turn them into maker readable 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 web understands how to talk specifically to another computer system elsewhere and not just shout it into the void that is the web when you type in google.com and you hit enter your computer sends a message to your internet service provider stating yo where’s google the internet service provider discovers and goes to where google is tells them that you are looking for them and after that grabs a package back to send to you now the bundle is then unpacked by your computer system to show you the whole of the google.com home page utilizing complex mathematics and software all of this
interaction happens behind the scenes but to you it’s basic and user friendly in fact if we had to key in 188.8.131.52 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 nets because it makes 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 very same thing that i just mentioned except it’s for ethereum ens stands for ethereum name service and basically lets me tell you that whiteboardcrypto.eth is my wallet address so you can simply type that in and pay me 20 if you desire by the way if you do not have 20 and you wish 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 truly hard at work developing but anyways if you’re not utilized to comprehending crypto the option to sharing whiteboard crypto.eth with someone is i ‘d need to share
Existing domain register to release 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 kind of blockchain based domain name you can transfer it to any place you want whatever wallet you desire with ease fine so now let’s delve into my laptop and enter the tutorial area 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 purchased to your wallet and so on so you can really understand how to properly use unstoppable domain so let’s get going welcome to my laptop let’s begin so this is unstoppable domains.com now to get started with this website is really basic you simply come here and after that you key in the domain name that you want right here and then click on search now i desire just want to discuss that they do have particular 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 name the more expensive it’s going to be so for instance if i was come here and i key in my last name 2 400 uh i think i’ll pass but anyways let me go ahead and just include this to cart for demonstration purposes we’ll go to the carts which’s it all right and
then you click on 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 actually 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 need to purchase unstoppable coin then exchange it or whatever no you can pay with however payment gateway you wish to utilize okay which’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 site dot crypto which’s it how to declare your crypto domain address now the reason that you ‘d want to go through the process and actually claim uh your domain addresses since one then you in fact own it then two you can do whatever you desire with it if you want to go offer it on some kind of like nft marketplace you can go ahead and do that okay so just like 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 in fact move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you understand it resembles a hot wallet i think you understand this is you you have not declared it yet so it’s an iou that you own this therefore i simply wish to briefly reference at the time of this video that there are a couple of methods to declare your domain name the very first way is that you need to buy a claim with credits charge so that expenses uh at this time 40 per domain name and so that’s pays for the gas charges you’re like what are gas charges look this the ethereum network you really have to pay uh to move things on and off through gas fees number two is you can pay the gas fees directly 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 simply wait till august so then they’ll have a scaling option that makes it easy to claim however anyways to get going is extremely simple so we go here state if i wish to declare this one make a website.crypto we’ll claim with ethereum right there declare procedure started so now we have to send out the code by e-mail so click that and so right over here we’ll jump over here and wait on 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 okay fantastic now you resemble 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 particularly for ethereum now there are a couple of different wallets that they advise 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 utilizing desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re just going to utilize metamask so to begin with metamask is simple meta mask there we go okay so we click here then we wish to download it now click on that set up metamask for chrome alright and let’s proceed and add to chrome add extension and there we go fine so now the metamask app is installed on our internet browser so we simply click on get started we are new to metamask so here is where you need to establish a wallet a wallet is what you finish with your cryptocurrency Where To Store Namecoin?