Namecoin Bitcoin 2022

explain subjects of the cryptocurrency world…Namecoin Bitcoin. utilizing analogies stories and examples so that you can easily comprehend them in this video we are going to be discussing what unstoppable domains is how they might be much better than ens and what that means for people entering the complicated 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 understand dns so dns means domain name service which is an elegant method of saying that it is a valuable service which allows us human beings to type in human readable addresses into the search bar and then it will instantly turn them into maker readable addresses so the majority of you are probably knowledgeable about ip addresses and those are precisely how a computer at one end of the internet understands how to talk specifically to another computer system elsewhere and not just shout it into the abyss that is the web when you enter 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 finds out and goes to where google is tells them that you are trying to find them and after that grabs a bundle back to send to you now the package is then unpacked by your computer to show you the totality of the google.com web page using complex mathematics and software application all of this

communication happens behind the scenes but to you it’s easy and user friendly in fact if we needed 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 nets because it makes 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 very same thing that i just discussed except 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 totally free and it rewards all our hard work on this video and the past hundred that we’ve been really hard at work creating but anyways if you’re not used to comprehending crypto the option to sharing white boards crypto.eth with someone is i ‘d need to share

Present domain register to release domain name 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 kind of blockchain based domain name you can move it to any place you want whatever wallet you want with ease all right so now let’s jump into my laptop computer and enter 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 specific wallet so you can attach the domain name that you bought to your wallet etc so you can really 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 start with this site is really simple you simply come here and then you type in the domain that you desire right here and after that click on search now i want just want to mention that they do have specific rate points for the number of characters are in the domain name that you want to get so something over 8 characters will be 40 the smaller sized the domain name the more pricey it’s going to be so for instance if i was come here and i key in my last name 2 400 uh i think i’ll pass however anyways let me go ahead and just add this to cart for demonstration purposes we’ll go to the carts which’s it all right and

then you click on here checkout and that’s it therefore you can pay with a credit card paypal crypto or you can pay with the crypto.com app and i truly 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 need to purchase unstoppable coin then exchange it or whatever no you can pay with however payment gateway you wish to utilize okay which’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 site dot crypto which’s it how to declare your crypto domain address now the reason why you ‘d wish to go through the procedure and really claim uh your domain addresses because one then you really own it then 2 you can do whatever you desire with it if you want 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 example what it is is simply an iou it’s an iou till 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’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 wish to briefly reference at the time of this video that there are a couple of methods to claim your domain name the first method is that you have to buy a claim with credits fee so that costs uh at this time 40 per domain name and so that’s spends for the gas fees 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 fees second 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 just wait until august so then they’ll have a scaling solution that makes it easy to claim but anyways to start is very easy so we go here say if i wish to declare this one make a website.crypto we’ll claim with ethereum right there claim procedure started so now we have to send out the code by e-mail so click that therefore right over here we’ll leap over here and wait on 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 simply highlight that right click copy paste there we go boom put that in alright excellent now you’re like whoa what do i do select 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 couple of different 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 just going to use metamask so to begin with metamask is simple meta mask there we go all right so we click on this link then we want to download it now click that install metamask for chrome fine 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 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 Namecoin Bitcoin