describe subjects of the cryptocurrency world…Can I Recover My Nmc With An Address Can I Recover My Namecoin With An Address. utilizing analogies stories and examples so that you can easily 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 suggests for individuals entering into the complex crypto space prior to 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 using to help you comprehend dns so dns represents domain service which is an expensive method of stating that it is a helpful service which enables us humans to type in human readable addresses into the search bar and after that it will immediately turn them into maker legible addresses so the majority of you are most likely knowledgeable about ip addresses and those are exactly how a computer at one end of the web understands how to talk particularly to another computer somewhere else and not just scream it into the abyss that is the web when you key in google.com and you struck enter your computer 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 looking for them and then gets a package back to send to you now the bundle is then unpacked by your computer system to reveal you the whole of the google.com web page using complex math and software all of this
interaction occurs behind the scenes but to you it’s basic 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 individuals would be puzzled right we do not 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 essentially 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 pointed out other than it’s for ethereum ens means ethereum name service and pretty much lets me tell 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 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 effort on this video and the past hundred that we’ve been truly hard at work producing however 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 move it to wherever you want whatever wallet you desire with ease okay so now let’s delve into my laptop computer and enter the guide section of the video where i want to reveal you unstoppable domain names how to get a domain how to establish a specific wallet so you can attach the domain name that you bought to your wallet etc so you can really comprehend how to correctly utilize unstoppable domain names so let’s get going welcome to my laptop computer let’s begin so this is unstoppable domains.com now to start with this site is extremely basic you simply come here and then you enter the domain that you desire right here and after that click search now i want just want to mention that they do have particular price 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 sized the domain name the more pricey it’s going to be so for instance if i was come here and i key in my surname 2 400 uh i believe i’ll pass however anyways let me proceed and simply add this to haul for demonstration functions we’ll go to the carts which’s it alright and
then you click here checkout which’s it and so 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 flexible i like it’s that it’s not one of those odd crypto sites where you have to pay in cryptocurrency or you have to buy unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you want to utilize alright which’s it therefore 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 website dot crypto which’s it how to declare your crypto domain address now the reason you ‘d want to go through the procedure and in fact claim uh your domain addresses due to the fact that one then you in fact own it then 2 you can do whatever you desire with it if you want to go sell it on some kind of like nft market you can go on and do that alright so much like when you buy any kind of cryptocurrency from an exchange like uh coinbase for instance 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 same so this is on there this is you understand it resembles 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 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 need to acquire a claim with credits charge so that costs uh at this time 40 per domain name and so that’s spends for the gas costs you resemble what are gas fees look this the ethereum network you really have to pay uh to move things on and off via gas fees number two is you can pay the gas charges 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 simply wait till august so then they’ll have a scaling option that makes it simple to claim but anyways to start is extremely simple so we go here say if i want to declare this one make a website.crypto we’ll declare with ethereum right there claim process began 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 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 right click copy paste there we go boom put that in alright terrific 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 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 just going to use metamask so to get going with metamask is simple meta mask there we go fine so we click on this link 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 installed on our browser so we just click on begin we are new to metamask so here is where you have to set up a wallet a wallet is what you do with your cryptocurrency Can I Recover My Nmc With An Address Can I Recover My Namecoin With An Address