Coinmarket Namecoin 2022

explain topics of the cryptocurrency world…Coinmarket Namecoin. using examples stories and examples so that you can easily understand them in this video we are going to be describing what unstoppable domains is how they might be better than ens and what that suggests for individuals 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 enjoy using examples so that’s precisely what we’re going to be utilizing to assist you comprehend dns so dns means domain name service which is an expensive method of saying that it is a helpful service which allows us people to enter human readable addresses into the search bar and after that it will immediately turn them into device readable addresses so most of you are most likely acquainted with ip addresses and those are exactly how a computer at one end of the web understands how to talk particularly to another computer system elsewhere and not simply yell 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 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 gets a plan back to send out to you now the package is then unpacked by your computer system to show you the whole of the google.com home page using complex math and software application all of this

communication happens behind the scenes but to you it’s basic and user friendly 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 puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and internet because 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 just mentioned other than it’s for ethereum ens represents ethereum name service and pretty much 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 complimentary and it rewards all our hard work on this video and the past hundred that we have actually been actually hard at work developing however anyways if you’re not used to understanding crypto the option to sharing whiteboard crypto.eth with somebody is i ‘d have to share

Present domain name 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 name you can move it to any place 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 show you unstoppable domain names how to get a domain name how to establish a specific wallet so you can connect the domain name that you purchased to your wallet etc so you can really comprehend how to appropriately use unstoppable domain so let’s get started welcome to my laptop computer let’s start so this is unstoppable domains.com now to get going with this website is extremely easy you simply come here and after that you key in the domain name that you want right here and after that click on search now i want simply wish to discuss that they do have particular cost points for how many 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 enter my last name 2 400 uh i think i’ll pass but anyways let me proceed and just add this to cart for demonstration purposes we’ll go to the carts and that’s it fine and

then you click 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 really like i like that it’s versatile i like it’s that it’s not one of those weird 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 however payment entrance you want to use alright which’s it therefore as soon as 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 website dot crypto and that’s it how to claim your crypto domain address now the reason that you ‘d wish to go through the procedure and really declare uh your domain addresses due to the fact that one then you really own it then two you can do whatever you desire with it if you wish to go sell it on some type of like nft marketplace you can go on and do that all right so similar to when you buy any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is just 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 know this is you you have not claimed 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 method is that you have to buy a claim with credits fee so that costs uh at this time 40 per domain and so that’s pays for the gas fees you’re like what are gas costs look this the ethereum network you really need to pay uh to move things on and off through gas charges number two is you can pay the gas costs directly 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 easy to claim but anyways to begin is extremely basic so we go here say if i want to claim this one make a website.crypto we’ll claim with ethereum right there declare procedure started so now we need to send the code by e-mail so click that and so right over here we’ll leap over here and await 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 just highlight that right click copy paste there we go boom put that in all right great 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 various 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 using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re simply going to utilize metamask so to get start with metamask is easy meta mask there we go fine so we click on this link then we wish to download it now click that install metamask for chrome all right and let’s go ahead and contribute to chrome add extension and there we go alright so now the metamask app is installed on our internet browser so we simply click on begin we are brand-new to metamask so here is where you need to establish a wallet a wallet is what you finish with your cryptocurrency Coinmarket Namecoin