0.7107537 Namecoin – Starting at $5+

describe subjects of the cryptocurrency world…0.7107537 Namecoin. using analogies stories and examples so that you can quickly comprehend them in this video we are going to be discussing what unstoppable domains is how they might be better than ens and what that means for individuals getting into the complex crypto area prior to we really get to understanding the power of unstoppable domains the first thing we’ll need to do is understand dns here at white boards crypto we love utilizing examples so that’s exactly what we’re going to be utilizing to help you comprehend dns so dns stands for domain name service which is an expensive way of saying that it is an useful service which enables us humans to enter human understandable addresses into the search bar and after that it will instantly turn them into device understandable addresses so the majority of you are probably acquainted with 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 just scream it into the abyss that is the web when you type in google.com and you hit enter your computer system sends out 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 trying to find them and after that gets a plan back to send to you now the package is then unpacked by your computer system to show you the whole of the google.com web page using complicated 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 key in 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 since 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 same thing that i simply discussed other than it’s for ethereum ens represents ethereum name service and basically 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 do not have 20 and you wish to support the channel feel free to leave a like listed below it’s complimentary and it rewards all our hard work 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 white boards crypto.eth with somebody is i ‘d have to share

Current domain register to launch domain name or in order to move it over to this other domain register etc uh when you have a dot crypto dot zill any kind of blockchain based domain name you can transfer it to anywhere you want whatever wallet you desire with ease okay so now let’s delve into my laptop and enter into the tutorial area of the video where i want to show 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 bought to your wallet and so on so you can really comprehend how to effectively utilize unstoppable domain names so let’s begin welcome to my laptop computer let’s start so this is unstoppable domains.com now to get going with this site is very basic you simply come here and then you key in the domain that you want right here and then click search now i want just wish to discuss that they do have specific price points for how many characters are in the domain name that you want 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 type in my surname 2 400 uh i think i’ll pass but anyways let me proceed and simply add this to haul for presentation functions we’ll go to the carts which’s it all right and

then you click here checkout which’s it therefore 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 versatile i like it’s that it’s not one of those strange crypto sites where you have to pay in cryptocurrency or you have to purchase unstoppable coin then exchange it or whatever no you can pay with however payment entrance you wish to use fine and that’s it and so once you’re all set then you’ll have your my domain list in your account therefore 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 you ‘d wish to go through the process and really declare uh your domain addresses because one then you actually own it then two you can do whatever you desire with it if you wish to go sell it on some kind of like nft marketplace you can go ahead and do that fine so much 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 till you actually 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 understand this is you you have not declared it yet so it’s an iou that you own this and so i just want to briefly reference at the time of this video that there are a few methods to claim your domain name the first way is that you need to buy a claim with credits fee so that expenses uh at this time 40 per domain and so that’s spends for the gas charges you’re like what are gas fees look this the ethereum network you actually need to pay uh to move things on and off through gas charges second is you can pay the gas charges straight 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 option that makes it simple to claim however anyways to get started is very basic 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 started so now we have to send the code by e-mail so click that therefore right over here we’ll leap over here and await 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 okay excellent now you resemble whoa what do i do pick wallet for claiming 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 advise 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 simply going to utilize metamask so to get start with metamask is simple meta mask there we go fine so we click here then we wish to download it now click that set up metamask for chrome fine and let’s go on and contribute 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 new to metamask so here is where you need to set up a wallet a wallet is what you make with your cryptocurrency 0.7107537 Namecoin