Namecoin Wallet Linux 2022

explain subjects of the cryptocurrency world…Namecoin Wallet Linux. using 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 much better than ens and what that implies for people entering into the complicated crypto space prior to we really get to comprehending the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at whiteboard crypto we love using examples so that’s precisely what we’re going to be using to assist you comprehend dns so dns represents 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 automatically turn them into machine understandable addresses so most of you are most likely acquainted with ip addresses and those are precisely how a computer at one end of the internet understands how to talk specifically to another computer system somewhere else and not simply shout it into the abyss that is the web when you type in google.com and you hit enter your computer sends out 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 searching for them and then grabs a package 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 utilizing complicated math and software application all of this

communication takes place behind the scenes however 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 confused right we don’t 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 basically the exact same thing that i simply discussed other than it’s for ethereum ens stands for ethereum name service and pretty much lets me inform you that whiteboardcrypto.eth is my wallet address so you can just type that in and pay me 20 if you desire by the way if you don’t have 20 and you wish to support the channel feel free to leave a like below it’s complimentary and it rewards all our effort on this video and the past hundred that we’ve been truly hard at work creating but 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

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 type of blockchain based domain name you can move it to any place you desire whatever wallet you want with ease alright so now let’s delve into my laptop and enter into the tutorial section of the video where i want to reveal you unstoppable domain names how to get a domain name how to set up a particular wallet so you can attach the domain name that you purchased to your wallet and so on so you can really understand how to correctly utilize unstoppable domain names so let’s start welcome to my laptop computer let’s start so this is unstoppable domains.com now to get started with this site is really basic you just come here and after that you key in the domain name that you want right here and then click on search now i desire just want to point out that they do have particular price points for the number of characters remain in the domain name that you wish to get so something over 8 characters will be 40 the smaller the domain name the more expensive it’s going to be so for instance if i was come here and i type in my last name 2 400 uh i believe i’ll pass however anyways let me go ahead and just include this to haul for demonstration purposes 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 websites where you have to pay in cryptocurrency or you have to buy unstoppable coin then exchange it or whatever no you can pay with however payment gateway you desire to utilize fine and that’s it and so once 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 factor why you ‘d want to go through the procedure and in fact declare uh your domain addresses due to the fact that one then you actually own it then 2 you can do whatever you want with it if you desire to go offer it on some type of like nft marketplace you can go ahead and do that fine so just like when you purchase any type of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou up until you really move the cryptocurrency from coinbase to your own wallet this is the very same so this is on there this is you understand it’s like 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 and so i just desire to briefly mention at the time of this video that there are a couple of methods to declare your domain name the very first method is that you have to purchase a claim with credits cost so that expenses uh at this time 40 per domain name and so that’s pays for the gas charges you’re like what are gas charges look this the ethereum network you really have to pay uh to move things on and off through gas charges number 2 is you can pay the gas costs 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 just wait until august so then they’ll have a scaling service that makes it simple to claim but anyways to get begun is really basic so we go here state if i desire to claim 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 jump over here and wait for 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 ideal click copy paste there we go boom put that in fine excellent now you’re like whoa what do i do choose wallet for claiming 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 various 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 get start with metamask is simple meta mask there we go alright so we click here then we want to download it now click on that set up metamask for chrome alright and let’s proceed and add to chrome add extension and there we go fine so now the metamask app is installed on our internet browser so we just click 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 Wallet Linux