explain subjects of the cryptocurrency world…How To Install Orc Namecoin Wallet For Osx. utilizing examples stories and examples so that you can quickly comprehend them in this video we are going to be describing what unstoppable domains is how they might be better than ens and what that indicates for individuals entering into the complicated crypto area before we really get to understanding the power of unstoppable domains the first thing we’ll need to do is understand dns here at white boards crypto we love utilizing examples so that’s precisely what we’re going to be using to help you understand dns so dns stands for domain name service which is an elegant method of stating that it is an useful service which permits us people to type in human legible addresses into the search bar and then it will automatically turn them into machine understandable addresses so the majority of you are probably familiar 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 simply scream it into the void that is the web when you type in google.com and you hit enter your computer system sends out a message to your internet service provider saying yo where’s google the internet service provider learns and goes to where google is tells them that you are looking for them and then grabs a plan back to send out to you now the package is then unpacked by your computer to show you the entirety of the google.com home page using complicated mathematics and software all of this
communication 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 individuals would be puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and internet due to the fact that it makes sense to us so that’s basically 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 mentioned 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 desire by the way if you don’t have 20 and you want to support the channel feel free to leave a like below it’s complimentary and it rewards all our effort on this video and the past hundred that we have actually been really hard at work creating but anyways if you’re not utilized to comprehending crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d have to share
Current domain register to launch domain 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 type of blockchain based domain you can transfer it to wherever you want whatever wallet you want with ease fine so now let’s jump into my laptop and enter the tutorial area of the video where i wish to reveal you unstoppable domain 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 etc so you can actually comprehend how to appropriately use unstoppable domain names so let’s start welcome to my laptop computer let’s start so this is unstoppable domains.com now to begin with this website is extremely easy you just come here and after that you enter the domain that you want right here and then click search now i desire simply want to mention that they do have particular price points for how many characters remain in the domain name that you wish to get so something over 8 characters will be 40 the smaller the domain name 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 think i’ll pass however anyways let me go on and simply add this to cart 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 versatile i like it’s that it’s not one of those strange crypto websites 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 use okay and that’s it and so as soon as 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 reason why you ‘d want to go through the procedure and really declare uh your domain addresses since 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 marketplace you can go ahead and do that alright so just like when you purchase any type of cryptocurrency from an exchange like uh coinbase for example what it is is just 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 understand it’s like a hot wallet i think you know this is you you have not 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 couple of methods to claim your domain name the very first method is that you have to purchase a claim with credits cost 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 in fact have to pay uh to move things on and off through gas charges number 2 is you can pay the gas fees straight 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 just wait till august so then they’ll have a scaling solution that makes it easy to claim however anyways to get started is really basic so we go here say if i want to claim this one make a website.crypto we’ll claim with ethereum right there claim 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 just highlight that right click copy paste there we go boom put that in okay excellent now you’re like 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 particularly for ethereum now there are a few various wallets that they recommend 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 start with metamask is easy meta mask there we go alright so we click on this link then we want to download it now click that set up metamask for chrome all right and let’s go on and add to chrome add extension and there we go okay so now the metamask app is set up on our internet browser so we just click on get started we are new to metamask so here is where you have to set up a wallet a wallet is what you make with your cryptocurrency How To Install Orc Namecoin Wallet For Osx