Does Coinex Support Namecoin – Starting at $5+

describe topics of the cryptocurrency world…Does Coinex Support Namecoin. using 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 means for people getting into the complicated crypto space before we actually get to understanding the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we enjoy using 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 elegant way of stating that it is a valuable service which allows us human beings to type in human understandable addresses into the search bar and then it will immediately turn them into machine legible addresses so most of you are most likely acquainted with ip addresses and those are precisely how a computer system at one end of the internet understands how to talk specifically to another computer system somewhere else and not just shriek 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 learns and goes to where google is tells them that you are searching for them and after that grabs a package back to send out to you now the package is then unpacked by your computer system to show you the whole of the google.com home page utilizing complex math and software application all of this

communication occurs behind the scenes however to you it’s simple 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 webs due to the fact that 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 same thing that i simply mentioned except it’s for ethereum ens stands for ethereum name service and pretty much lets me tell you that whiteboardcrypto.eth is my wallet address so you can simply 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 listed below it’s free and it rewards all our hard work on this video and the past hundred that we have actually been truly hard at work creating but anyways if you’re not used to comprehending crypto the alternative to sharing white boards crypto.eth with somebody is i ‘d need to share

Present domain name 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 type of blockchain based domain you can move it to wherever you desire whatever wallet you desire with ease fine so now let’s delve into my laptop and enter the tutorial section of the video where i wish to show you unstoppable domain names how to get a domain how to establish a specific wallet so you can attach the domain that you bought to your wallet and so on so you can really comprehend how to appropriately utilize unstoppable domain names so let’s get going welcome to my laptop computer let’s start so this is unstoppable domains.com now to start with this website is really easy you just come here and then you enter the domain name that you desire right here and then click on search now i want simply wish to discuss that they do have specific 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 sized the domain 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 believe i’ll pass however anyways let me go ahead and simply include this to cart for presentation functions we’ll go to the carts and that’s it okay 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 truly like i like that it’s versatile i like it’s that it’s not one of those unusual 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 entrance you want to utilize 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 website dot crypto and that’s it how to claim your crypto domain address now the factor why you ‘d desire to go through the process and actually claim uh your domain addresses due to the fact that one then you really own it then 2 you can do whatever you want with it if you desire to go sell it on some type of like nft market you can go ahead and do that all right so just 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 very same so this is on there this is you know it’s like 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 just desire to briefly reference at the time of this video that there are a few 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 fees you’re like what are gas fees look this the ethereum network you really have to pay uh to move things on and off via gas costs number two is you can pay the gas costs straight from your own wallet so if you currently have a wallet set up and you have ethereum in there you can pay with your own ethereum or you can just wait till august so then they’ll have a scaling solution that makes it simple to claim however anyways to get begun is extremely simple so we go here state if i want to claim this one make a website.crypto we’ll claim with ethereum right there claim process 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 simply highlight that best click copy paste there we go boom put that in alright great now you’re like whoa what do i do pick wallet for declaring 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 different wallets that they suggest so for desktop there’s meta mask for mobile you can

use 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 start with metamask is easy meta mask there we go okay so we click here then we wish to download it now click on that set up metamask for chrome okay and let’s go on and contribute to chrome add extension and there we go okay so now the metamask app is set up on our web browser so we simply click get started 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 Does Coinex Support Namecoin