Namecoin White Paper 2022

describe subjects of the cryptocurrency world…Namecoin White Paper. utilizing analogies 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 much better than ens and what that implies for individuals getting into the complex crypto area 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 utilizing examples so that’s exactly what we’re going to be using to help you understand dns so dns means domain service which is an expensive way of saying that it is a helpful service which enables us humans to key in human understandable addresses into the search bar and then it will immediately turn them into device legible addresses so the majority of you are probably acquainted with ip addresses and those are exactly how a computer at one end of the internet understands how to talk particularly to another computer system elsewhere and not just shout it into the void that is the web when you enter google.com and you hit 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 searching for them and then gets a plan back to send out to you now the plan is then unpacked by your computer system 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 however to you it’s basic and user friendly 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 puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and nets because it makes good sense to us so that’s essentially 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 essentially the very same thing that i just discussed except 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 merely 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 listed below it’s totally free and it rewards all our hard work on this video and the past hundred that we have actually been truly hard at work producing but anyways if you’re not used to understanding crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d have to share

Existing domain name register to launch 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 name you can transfer it to anywhere you desire whatever wallet you want with ease all right so now let’s delve into my laptop computer and enter into the tutorial area of the video where i wish to reveal you unstoppable domain names how to get a domain name how to establish a specific wallet so you can attach the domain that you purchased to your wallet and so on so you can actually understand how to properly use unstoppable domain so let’s get going welcome to my laptop let’s begin so this is unstoppable domains.com now to get started with this site is extremely basic you simply come here and then you type in the domain name that you desire right here and after that click on search now i want just wish to point out that they do have specific cost 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 the more expensive 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 go ahead and simply add this to cart for demonstration functions we’ll go to the carts which’s it fine 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 weird crypto websites where you have to pay in cryptocurrency or you need to buy unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you want to utilize fine which’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 website dot crypto which’s it how to declare your crypto domain address now the reason why you ‘d wish to go through the process and in fact claim uh your domain addresses due to the fact that one then you in fact own it then two you can do whatever you desire with it if you wish to go offer it on some kind of like nft market you can proceed and do that alright so much 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 up until you actually move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you know it resembles a hot wallet i think you know this is you you haven’t claimed 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 claim your domain name the first method is that you have to purchase a claim with credits charge so that costs uh at this time 40 per domain name therefore that’s pays for the gas fees you resemble what are gas fees look this the ethereum network you in fact need 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 already have a wallet established and you have ethereum in there you can pay with your own ethereum or you can simply wait until august so then they’ll have a scaling service that makes it easy to claim but anyways to begin is really easy so we go here state if i wish to declare this one make a website.crypto we’ll declare with ethereum right there declare procedure started so now we have to send the code by e-mail so click that therefore 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 just highlight that best click copy paste there we go boom put that in all right great now you resemble whoa what do i do select 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 couple of 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 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 okay so we click here then we want to download it now click on that install metamask for chrome alright and let’s go ahead and add to chrome include extension and there we go all right so now the metamask app is installed on our web browser so we simply click on get started we are new to metamask so here is where you have to establish a wallet a wallet is what you finish with your cryptocurrency Namecoin White Paper