Namecoin Picalo Race 2022

discuss topics of the cryptocurrency world…Namecoin Picalo Race. utilizing analogies stories and examples so that you can easily 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 indicates for individuals entering into the complicated crypto space prior to we really get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at white boards crypto we love using 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 stating that it is a valuable service which permits us humans to enter human understandable addresses into the search bar and after that it will instantly turn them into machine understandable addresses so the majority 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 elsewhere and not just yell it into the void that is the web when you key in google.com and you hit 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 after that grabs a bundle back to send out to you now the bundle is then unpacked by your computer to reveal you the whole of the google.com home page using complicated mathematics and software all of this

interaction happens behind the scenes but 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 people would be puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and internet since it makes good sense to us so that’s basically 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 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 wish 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 have actually been actually hard at work creating however anyways if you’re not utilized to comprehending crypto the option to sharing white boards crypto.eth with someone is i ‘d have to share

Existing domain name register to launch 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 you can transfer it to wherever you desire whatever wallet you desire with ease all right so now let’s jump into my laptop and enter into the guide section of the video where i wish to reveal you unstoppable domain how to get a domain name how to set up a particular wallet so you can connect the domain that you purchased to your wallet etc so you can really comprehend how to effectively utilize unstoppable domain 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 easy you just come here and after that you enter the domain name that you want right here and after that click search now i desire just want to point out that they do have particular cost 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 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 but anyways let me proceed and simply include this to cart for presentation functions we’ll go to the carts which’s it alright and

then you click 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 really like i like that it’s flexible i like it’s that it’s not one of those weird crypto sites 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 entrance you want to use alright and that’s it therefore 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 that you ‘d want to go through the procedure and really declare uh your domain addresses since one then you actually own it then 2 you can do whatever you want with it if you want to go sell it on some kind of like nft market you can proceed and do that all right so just like when you purchase any type of cryptocurrency from an exchange like uh coinbase for example what it is is just an iou it’s an iou up until 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 guess you know this is you you haven’t declared 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 couple of ways to declare your domain name the first method is that you need to acquire a claim with credits fee so that costs uh at this time 40 per domain therefore that’s spends for the gas charges you resemble what are gas costs look this the ethereum network you in fact have to pay uh to move things on and off through gas costs number two is you can pay the gas fees directly from your own wallet so if you already 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 service that makes it easy to claim however anyways to get going is extremely simple so we go here say if i wish to declare this one make a website.crypto we’ll declare with ethereum right there claim procedure 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 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 ideal click copy paste there we go boom put that in alright excellent now you resemble whoa what do i do choose 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 couple of various wallets that they suggest 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 alright so we click here then we wish to download it now click that set up metamask for chrome fine and let’s proceed and add to chrome add extension and there we go all right so now the metamask app is set up on our internet browser so we just click on start we are new to metamask so here is where you need to establish a wallet a wallet is what you make with your cryptocurrency Namecoin Picalo Race