Namecoin Good Investment 2022

discuss subjects of the cryptocurrency world…Namecoin Good Investment. 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 suggests for individuals getting into the complex crypto area before we in fact get to understanding the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we like using examples so that’s exactly what we’re going to be utilizing to help you understand dns so dns stands for domain service which is an elegant way of saying that it is a valuable service which permits us humans to enter human understandable addresses into the search bar and after that it will immediately turn them into device readable addresses so most of you are probably familiar with ip addresses and those are precisely how a computer at one end of the internet understands how to talk specifically to another computer elsewhere and not just shriek it into the abyss that is the web when you enter google.com and you struck enter your computer sends a message to your internet service provider stating yo where’s google the internet service provider discovers and goes to where google is tells them that you are trying to find them and after that grabs a bundle back to send out to you now the plan is then unpacked by your computer system to show you the whole of the google.com web page using complex mathematics and software application all of this

interaction takes place behind the scenes but to you it’s basic and easy to use 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 confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and webs due to the fact that 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 essentially the very same thing that i simply 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 want 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 free and it rewards all our effort on this video and the past hundred that we’ve been actually 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

Existing 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 name you can transfer it to wherever you desire whatever wallet you want with ease all right so now let’s delve into my laptop computer and get into the guide area of the video where i wish to reveal you unstoppable domain how to get a domain name how to establish a particular wallet so you can attach the domain that you bought to your wallet and so on so you can really comprehend how to properly use unstoppable domain so let’s begin welcome to my laptop let’s start so this is unstoppable domains.com now to begin with this website is very basic you simply come here and then you type in the domain name that you want right here and then click on search now i want just wish to mention that they do have specific cost points for how many characters remain in the domain that you want to get so something over 8 characters will be 40 the smaller the domain name the more costly it’s going to be so for example if i was come here and i type in my last name 2 400 uh i think i’ll pass however anyways let me go on and simply add this to haul for presentation functions 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 truly like i like that it’s versatile i like it’s that it’s not one of those unusual 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 gateway you desire to utilize fine 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 site dot crypto and that’s it how to declare your crypto domain address now the reason why you ‘d desire to go through the process and actually declare uh your domain addresses due to the fact that one then you really own it then 2 you can do whatever you desire with it if you want to go offer it on some type of like nft marketplace you can go ahead and do that alright so just like when you buy any type 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 understand it’s like a hot wallet i think you know 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 declare your domain name the first method is that you have to acquire a claim with credits fee so that costs uh at this time 40 per domain name and so that’s pays for the gas charges you’re like what are gas fees look this the ethereum network you really have to pay uh to move things on and off through gas costs number 2 is you can pay the gas fees 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 simply wait up until august so then they’ll have a scaling solution that makes it simple to claim however anyways to get begun is really basic so we go here say if i want to declare this one make a website.crypto we’ll declare with ethereum right there declare process started so now we have to send out 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 simply highlight that right click copy paste there we go boom put that in okay terrific now you’re like 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 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

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 get going with metamask is easy meta mask there we go all right so we click here then we want to download it now click on that install metamask for chrome fine 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 simply click on start we are brand-new to metamask so here is where you have to set up a wallet a wallet is what you do with your cryptocurrency Namecoin Good Investment