Whitepaper Namecoin 2022

discuss topics of the cryptocurrency world…Whitepaper Namecoin. utilizing analogies 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 indicates for people entering the complex crypto area prior to we actually get to comprehending the power of unstoppable domains the first thing we’ll need to do is understand dns here at white boards crypto we like using examples so that’s exactly what we’re going to be utilizing to assist you understand dns so dns means domain service which is an elegant way of saying that it is a helpful service which enables us human beings to key in human readable addresses into the search bar and then it will immediately turn them into maker legible addresses so most of you are probably acquainted with ip addresses and those are exactly how a computer at one end of the web knows how to talk particularly to another computer system elsewhere and not just yell it into the void that is the web when you enter google.com and you struck 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 grabs a package back to send to you now the plan is then unpacked by your computer system to reveal you the entirety of the google.com home page utilizing complicated mathematics and software all of this

interaction occurs behind the scenes but to you it’s simple and easy to use in fact if we needed to type in 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 webs since 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 exact same thing that i simply mentioned except it’s for ethereum ens means ethereum name service and pretty much lets me inform 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 do not have 20 and you wish to support the channel do not hesitate to leave a like listed below it’s complimentary and it rewards all our effort on this video and the past hundred that we’ve been actually hard at work developing 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

Present domain 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 type of blockchain based domain you can transfer it to wherever you want whatever wallet you desire with ease fine so now let’s delve into my laptop computer and get into the guide area of the video where i wish to reveal you unstoppable domain names how to get a domain name how to set up a specific wallet so you can attach the domain name that you purchased to your wallet and so on so you can truly comprehend how to effectively use unstoppable domain names so let’s begin welcome to my laptop let’s begin so this is unstoppable domains.com now to get started with this website is very basic you simply come here and then you type in the domain name that you desire right here and then click on search now i desire simply wish to point out that they do have specific price 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 pricey it’s going to be so for instance if i was come here and i key in my last name 2 400 uh i believe i’ll pass however anyways let me go ahead and simply include this to haul 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 actually like i like that it’s flexible i like it’s that it’s not one of those strange crypto sites 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 desire to utilize okay and that’s it and so when 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 website dot crypto and that’s it how to claim your crypto domain address now the factor why you ‘d desire to go through the procedure and in fact declare uh your domain addresses because one then you actually own it then two you can do whatever you desire with it if you desire to go offer it on some type 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 example what it is is simply an iou it’s an iou until you really move the cryptocurrency from coinbase to your own wallet this is the exact same so this is on there this is you know it’s like a hot wallet i think you understand this is you you have not claimed it yet so it’s an iou that you own this and so i just desire to briefly reference at the time of this video that there are a few methods to declare your domain name the very first method is that you have to purchase a claim with credits fee so that expenses uh at this time 40 per domain name and so that’s pays for the gas costs you’re like what are gas charges look this the ethereum network you in fact have to pay uh to move things on and off via gas fees number two is you can pay the gas costs straight from your own wallet so if you already have a wallet set up and you have ethereum in there you can pay with your own ethereum or you can just wait till august so then they’ll have a scaling option that makes it simple to claim however anyways to get begun is very basic so we go here say if i desire to declare 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 leap 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 best click copy paste there we go boom put that in okay fantastic 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 few different wallets that they recommend 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 just going to use metamask so to begin with metamask is easy meta mask there we go okay so we click here then we wish to download it now click that set up metamask for chrome all right and let’s go on and contribute to chrome include extension and there we go all right so now the metamask app is set up on our web browser so we simply click begin 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 Whitepaper Namecoin