Xmr And Namecoin 2022

describe topics of the cryptocurrency world…Xmr And Namecoin. utilizing examples stories and examples so that you can easily understand 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 means for people getting into the complex crypto space prior to we actually 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 utilizing examples so that’s precisely what we’re going to be using to assist you comprehend dns so dns means domain service which is an expensive method of saying that it is a helpful service which enables us humans to key in human readable addresses into the search bar and then it will automatically turn them into device 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 internet knows how to talk specifically to another computer system somewhere else and not just shriek it into the void that is the web when you enter google.com and you struck enter your computer sends out 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 then grabs a package back to send out to you now the bundle is then unpacked by your computer system to reveal you the entirety of the google.com home page using complicated mathematics and software all of this

interaction happens behind the scenes however to you it’s easy and easy to use in fact if we had to enter 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 webs due to the fact that it makes good sense to us so that’s essentially 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 same thing that i just 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 want by the way if you do not have 20 and you want to support the channel feel free to leave a like below it’s totally free and it rewards all our effort on this video and the past hundred that we have actually been truly hard at work creating however anyways if you’re not used to comprehending crypto the alternative to sharing white boards crypto.eth with somebody is i ‘d need to share

Existing domain register to release 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 you can move it to wherever you desire whatever wallet you desire with ease fine so now let’s delve into my laptop computer and enter the guide section of the video where i wish 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 etc so you can actually comprehend how to properly utilize unstoppable domain names so let’s get going welcome to my laptop let’s start so this is unstoppable domains.com now to begin with this website is extremely simple you simply come here and then you type in the domain that you desire right here and then click search now i want just want to mention that they do have specific cost points for the number of characters remain in the domain name that you want to get so something over 8 characters will be 40 the smaller the domain name 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 think i’ll pass however anyways let me go ahead and simply add this to cart for demonstration purposes 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 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 need to pay in cryptocurrency or you need to buy unstoppable coin then exchange it or whatever no you can pay with however payment gateway you wish to utilize okay and that’s it therefore as soon as 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 declare your crypto domain address now the reason that you ‘d want to go through the process and really declare uh your domain addresses due to the fact that one then you in fact own it then two you can do whatever you want with it if you want to go sell it on some type of like nft market you can go ahead and do that all right so similar to 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 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 guess you understand this is you you haven’t claimed it yet so it’s an iou that you own this and so i simply want to briefly reference at the time of this video that there are a few ways to declare your domain the very first method is that you need to acquire a claim with credits cost so that costs uh at this time 40 per domain and so that’s spends for the gas fees you’re like what are gas fees look this the ethereum network you in fact have to pay uh to move things on and off by means of gas charges second is you can pay the gas charges straight from your own wallet so if you currently have a wallet established and you have ethereum in there you can pay with your own ethereum or you can simply wait up until august so then they’ll have a scaling option that makes it easy to claim but anyways to start is very simple so we go here say if i want to claim this one make a website.crypto we’ll declare with ethereum right there claim procedure began 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 all right great 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 various wallets that they suggest 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 simply going to use metamask so to begin with metamask is simple meta mask there we go fine so we click here then we want to download it now click on that set up metamask for chrome alright and let’s go on and add to chrome add extension and there we go all right so now the metamask app is set up on our browser so we simply click start we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you finish with your cryptocurrency Xmr And Namecoin