Invest In Namecoin 2022

explain subjects of the cryptocurrency world…Invest In 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 much better than ens and what that means for people entering the complex crypto area before we really get to comprehending the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at whiteboard crypto we love using examples so that’s exactly what we’re going to be using to assist you comprehend dns so dns represents domain name service which is a fancy method of saying that it is a valuable service which enables us human beings to type in human legible addresses into the search bar and then it will immediately turn them into maker readable addresses so most of you are probably knowledgeable about ip addresses and those are exactly how a computer at one end of the internet knows how to talk particularly to another computer system somewhere else and not simply scream it into the abyss that is the web when you key in google.com and you struck enter your computer system sends out 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 trying to find them and then grabs a plan back to send to you now the package is then unpacked by your computer system to show you the totality of the google.com web page using complicated mathematics and software application all of this

communication happens behind the scenes but to you it’s simple 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 people would be puzzled right we do not 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 people to speak machine code next up let’s see how this works for crypto ens is basically the very same thing that i simply mentioned except 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 merely type that in and pay me 20 if you want 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’ve been actually hard at work creating however anyways if you’re not utilized to understanding crypto the option to sharing white boards crypto.eth with someone is i ‘d have to share

Present domain register to release domain or in order to move it over to this other domain register etc uh when you have a dot crypto dot zill any type of blockchain based domain name you can move it to wherever you desire whatever wallet you desire with ease fine so now let’s jump into my laptop computer and enter into the tutorial area of the video where i wish to show you unstoppable domain how to get a domain name how to set up a particular wallet so you can attach the domain name that you bought to your wallet and so on so you can actually comprehend how to correctly use unstoppable domain names so let’s get started welcome to my laptop computer let’s begin so this is unstoppable domains.com now to begin with this website is very simple you just come here and after that you type in the domain name that you want right here and then click on search now i desire just wish to mention that they do have specific rate points for the number of characters remain in the domain that you wish to get so something over 8 characters will be 40 the smaller sized the domain name the more costly it’s going to be so for instance if i was come here and i enter my surname 2 400 uh i think i’ll pass but anyways let me proceed and simply add this to haul for demonstration functions we’ll go to the carts which’s it okay and

then you click on here checkout and that’s it therefore you can pay with a charge 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 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 nevertheless payment gateway you wish to use alright which’s it and so when 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 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 2 you can do whatever you desire with it if you wish to go sell it on some type of like nft marketplace you can proceed 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 just an iou it’s an iou till you really move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you know it’s like a hot wallet i think you understand this is you you haven’t declared it yet so it’s an iou that you own this and so i just want to briefly mention at the time of this video that there are a couple of methods to claim your domain the first way is that you need to purchase a claim with credits charge so that costs uh at this time 40 per domain name therefore that’s pays for the gas costs you’re like what are gas fees look this the ethereum network you actually have to pay uh to move things on and off via gas costs number two is you can pay the gas costs directly 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 solution that makes it easy to claim but 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 began so now we need to send out the code by email so click that therefore 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 best click copy paste there we go boom put that in all right terrific now you resemble whoa what do i do pick wallet for claiming 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 various 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 simply going to use metamask so to get going with metamask is simple meta mask there we go all right so we click here then we wish to download it now click that set up metamask for chrome all right and let’s go ahead and add to chrome include extension and there we go all right so now the metamask app is set up on our internet browser so we simply click on begin we are brand-new to metamask so here is where you need to set up a wallet a wallet is what you finish with your cryptocurrency Invest In Namecoin