Namecoin Connecting To Peers 2022

describe topics of the cryptocurrency world…Namecoin Connecting To Peers. using analogies stories and examples so that you can easily understand them in this video we are going to be discussing what unstoppable domains is how they might be better than ens and what that indicates for people entering the complicated crypto area before we actually get to understanding the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at white boards crypto we like using examples so that’s exactly what we’re going to be using to assist you understand dns so dns stands for domain name service which is a fancy method of stating that it is a handy service which permits us humans to enter human legible addresses into the search bar and then it will automatically turn them into machine understandable addresses so most of you are most likely knowledgeable about ip addresses and those are precisely how a computer system at one end of the internet knows how to talk specifically to another computer system elsewhere and not simply scream it into the void that is the web when you enter google.com and you struck 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 searching for them and after that grabs a plan back to send to you now the package is then unpacked by your computer system to reveal you the entirety of the google.com web page using complex math and software application all of this

communication occurs behind the scenes but to you it’s basic 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 individuals would be confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and nets due to the fact that it makes good 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 very same thing that i simply discussed other than it’s for ethereum ens stands for ethereum name service and practically 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 below it’s totally free and it rewards all our hard work on this video and the past hundred that we’ve been truly hard at work producing but anyways if you’re not used to comprehending crypto the option to sharing whiteboard crypto.eth with somebody is i ‘d need to share

Existing domain 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 you can transfer it to wherever you want whatever wallet you desire with ease all right so now let’s delve into my laptop computer and get into the guide area of the video where i want to reveal you unstoppable domain how to get a domain name how to set up a specific wallet so you can connect the domain name that you bought to your wallet etc so you can actually comprehend how to effectively utilize unstoppable domain names so let’s get going welcome to my laptop let’s begin so this is unstoppable domains.com now to begin with this website is extremely basic you just come here and after that you type in the domain that you desire right here and then click on search now i desire just wish to point out that they do have particular price points for the number of 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 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 haul for presentation functions we’ll go to the carts and that’s it okay and

then you click on here checkout which’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 have to purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you wish to utilize all right 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 and that’s it how to claim your crypto domain address now the reason that you ‘d want to go through the procedure and in fact 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 want to go sell it on some kind of like nft marketplace you can go on and do that fine so just like when you buy any kind of cryptocurrency from an exchange like uh coinbase for instance 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 resembles a hot wallet i guess you understand this is you you haven’t declared it yet so it’s an iou that you own this therefore i simply wish to briefly mention at the time of this video that there are a couple of ways to claim your domain name the first way is that you have to buy a claim with credits cost so that costs uh at this time 40 per domain therefore that’s pays 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 charges second is you can pay the gas fees straight 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 just wait up until august so then they’ll have a scaling option that makes it simple to claim however anyways to get started is really simple so we go here say if i wish to declare this one make a website.crypto we’ll claim with ethereum right there declare process began so now we need to send out the code by email so click that and so right over here we’ll jump 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 just highlight that right click copy paste there we go boom put that in okay terrific 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 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 using 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 easy meta mask there we go all right so we click here then we wish to download it now click on that set up metamask for chrome fine and let’s proceed and add to chrome include extension and there we go all right so now the metamask app is set up on our browser so we simply click begin we are brand-new to metamask so here is where you need to set up a wallet a wallet is what you make with your cryptocurrency Namecoin Connecting To Peers