Btc.Com Namecoin – Starting at $5+

explain subjects of the cryptocurrency world…Btc.Com Namecoin. 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 better than ens and what that means for people getting into the complex crypto area before we actually get to comprehending the power of unstoppable domains the first thing we’ll need to do is understand dns here at whiteboard crypto we love utilizing examples so that’s exactly what we’re going to be utilizing to assist you comprehend dns so dns stands for domain name service which is an expensive method of saying that it is an useful service which permits us humans to type in human understandable addresses into the search bar and after that it will automatically turn them into device understandable addresses so the majority of you are probably knowledgeable about ip addresses and those are precisely how a computer at one end of the internet knows how to talk specifically to another computer somewhere else and not simply shriek it into the abyss that is the web when you type in google.com and you hit enter your computer sends a message to your internet service provider saying yo where’s google the internet service provider finds out and goes to where google is tells them that you are looking for them and then gets a package back to send to you now the plan is then unpacked by your computer to show you the entirety of the google.com home page using complicated mathematics and software all of this

interaction takes place behind the scenes however to you it’s easy and user friendly in fact if we had to key 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 due to the fact that it makes good sense to us so that’s essentially what a dns is a translator for humans to speak machine code next up let’s see how this works for crypto ens is basically the same thing that i simply discussed except it’s for ethereum ens represents 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 want by the way if you don’t 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 truly hard at work creating however anyways if you’re not used to comprehending crypto the option to sharing white boards crypto.eth with somebody is i ‘d have to share

Current domain 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 you can transfer it to wherever you want whatever wallet you desire with ease alright so now let’s delve into my laptop computer and enter the tutorial area of the video where i wish to reveal you unstoppable domain how to get a domain how to set up a specific wallet so you can connect the domain that you purchased to your wallet etc so you can really comprehend how to correctly use unstoppable domain names so let’s get going welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get going with this website is really basic you just come here and after that you enter the domain name that you want right here and then click search now i desire simply want to discuss that they do have particular rate 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 example if i was come here and i enter 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 alright 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 really like i like that it’s flexible i like it’s that it’s not one of those odd 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 use alright 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 want to go through the procedure and really declare uh your domain addresses since one then you really own it then 2 you can do whatever you want with it if you want to go offer it on some type of like nft marketplace you can go ahead and do that fine so simply 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 really move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you know 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 just want to briefly reference at the time of this video that there are a couple of ways to declare your domain name the first way is that you have to purchase a claim with credits fee 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 actually have to pay uh to move things on and off by means of gas charges number 2 is you can pay the gas costs straight 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 up until august so then they’ll have a scaling service that makes it easy to claim however anyways to get begun is really basic so we go here state if i want 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 email 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 best click copy paste there we go boom put that in fine fantastic now you’re like 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 specifically for ethereum now there are a few different 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 simply going to utilize metamask so to get going with metamask is simple meta mask there we go okay so we click on this link then we wish to download it now click that install metamask for chrome okay and let’s proceed and contribute to chrome include extension and there we go fine so now the metamask app is installed on our internet browser so we simply click get going we are new to metamask so here is where you need to establish a wallet a wallet is what you do with your cryptocurrency Btc.Com Namecoin