Kraken Namecoin 2022

explain topics of the cryptocurrency world…Kraken Namecoin. utilizing examples 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 better than ens and what that means for individuals getting into the complicated crypto space before we in fact get to understanding the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we enjoy using examples so that’s exactly what we’re going to be utilizing to help you comprehend dns so dns stands for domain service which is a fancy way of saying that it is a handy service which allows us people to type in human understandable addresses into the search bar and after that it will immediately turn them into device understandable 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 web knows how to talk specifically to another computer elsewhere and not simply yell it into the abyss that is the web when you enter google.com and you struck enter your computer system sends 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 trying to find them and after that gets a bundle back to send out to you now the bundle is then unpacked by your computer to reveal you the totality of the google.com home page using complex mathematics and software application all of this

interaction takes place behind the scenes however to you it’s basic and easy to use in fact if we needed to enter 8.8.8.8 into the url bar instead of google.com a lot more individuals would be puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and nets because 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 essentially the very same thing that i just mentioned except it’s for ethereum ens means ethereum name service and basically lets me inform 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 do not have 20 and you want to support the channel do not hesitate to leave a like listed 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 creating 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 name register to release 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 move it to wherever you desire whatever wallet you desire with ease all right so now let’s jump into my laptop and get into the guide area of the video where i wish to show you unstoppable domain how to get a domain name how to establish a particular wallet so you can connect the domain that you purchased to your wallet and so on so you can really comprehend how to correctly utilize unstoppable domain so let’s begin welcome to my laptop computer let’s begin so this is unstoppable domains.com now to start with this site is very simple you just come here and after that you type in the domain name that you want right here and after that click search now i want just want to discuss that they do have particular price points for how many characters remain in the domain that you want 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 example if i was come here and i key in my last name 2 400 uh i think i’ll pass but anyways let me go on and just add this to haul for demonstration functions we’ll go to the carts and that’s it all right 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 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 nevertheless payment gateway you desire to utilize alright 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 declare your crypto domain address now the reason why you ‘d want to go through the process and really declare uh your domain addresses since one then you really 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 fine so simply 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 actually 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 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 mention at the time of this video that there are a few methods to claim your domain name the first way is that you have to acquire a claim with credits charge so that expenses uh at this time 40 per domain name and so that’s pays for the gas fees you’re like what are gas costs look this the ethereum network you in fact have to pay uh to move things on and off by means of gas costs number two 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 simply wait till august so then they’ll have a scaling option that makes it simple to claim but anyways to get begun is very simple 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 began so now we have to send out the code by e-mail 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 all right excellent now you’re like whoa what do i do select 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 few various wallets that they advise 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 begin with metamask is simple meta mask there we go fine so we click here then we want to download it now click that set up metamask for chrome all right and let’s proceed and contribute to chrome include extension and there we go okay so now the metamask app is set up on our web browser so we simply click on get going we are new to metamask so here is where you need to establish a wallet a wallet is what you do with your cryptocurrency Kraken Namecoin