Exchange Namecoin For Bitcoin – Starting at $5+

explain topics of the cryptocurrency world…Exchange Namecoin For Bitcoin. using examples stories and examples so that you can quickly understand them in this video we are going to be explaining what unstoppable domains is how they might be better than ens and what that indicates for people getting into the complex crypto space prior to we actually 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 using examples so that’s precisely what we’re going to be utilizing to help you comprehend dns so dns means domain name service which is an elegant way of stating that it is a valuable service which permits us people to enter human understandable addresses into the search bar and then it will immediately turn them into device understandable addresses so the majority of you are probably familiar with ip addresses and those are exactly how a computer at one end of the internet understands how to talk particularly to another computer somewhere else and not just shriek it into the void that is the web when you key in google.com and you hit enter your computer sends out a message to your internet service provider saying yo where’s google the internet service provider learns and goes to where google is tells them that you are searching for them and then gets a plan back to send to you now the plan is then unpacked by your computer to show you the entirety of the google.com web page using complicated math and software all of this

communication occurs behind the scenes however to you it’s simple and user friendly in fact if we had to enter 8.8.8.8 into the url bar instead of google.com a lot more individuals would be confused right we don’t 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 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 just mentioned 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 simply type that in and pay me 20 if you want by the way if you do not have 20 and you want to support the channel feel free to leave a like below it’s complimentary and it rewards all our hard work on this video and the past hundred that we have actually been really hard at work creating however anyways if you’re not used to comprehending crypto the option to sharing whiteboard crypto.eth with somebody is i ‘d have to share

Current 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 name you can move it to anywhere you want whatever wallet you desire with ease fine so now let’s jump into my laptop computer and enter into the guide section of the video where i want to reveal you unstoppable domain names how to get a domain how to set up a specific wallet so you can connect the domain name that you purchased to your wallet etc so you can actually comprehend how to correctly use unstoppable domain names so let’s get going welcome to my laptop let’s begin so this is unstoppable domains.com now to start with this site is really easy you simply come here and then you enter the domain that you want right here and after that click on search now i desire just want to discuss that they do have particular cost 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 the more expensive it’s going to be so for example if i was come here and i type in my last name 2 400 uh i think i’ll pass but anyways let me proceed and just add this to cart for presentation functions we’ll go to the carts which’s it all right and

then you click on here checkout which’s it and so you can pay with a charge card paypal crypto or you can pay with the crypto.com app and i really 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 entrance you want to use all right and that’s it therefore once you’re all set then you’ll have your my domain list in your account and so we have right down there so i own my name dot crypto and make a site 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 really claim 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 type of like nft marketplace you can proceed and do that alright so similar to when you purchase any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is just an iou it’s an iou till you in fact 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 guess you know this is you you haven’t claimed it yet so it’s an iou that you own this therefore i simply wish to briefly reference at the time of this video that there are a few ways to declare your domain the first method is that you need to purchase a claim with credits charge so that costs uh at this time 40 per domain therefore that’s pays for the gas fees you’re like what are gas costs look this the ethereum network you really need to pay uh to move things on and off via gas costs second is you can pay the gas charges directly from your own wallet so if you currently have a wallet established and you have ethereum in there you can pay with your own ethereum or you can just wait until august so then they’ll have a scaling solution that makes it simple to claim but anyways to start is extremely simple so we go here state if i want to declare this one make a website.crypto we’ll declare with ethereum right there claim process started so now we have to send the code by email so click that therefore right over here we’ll jump over here and wait for 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 simply highlight that best click copy paste there we go boom put that in okay excellent 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 particularly for ethereum now there are a couple of different wallets that they advise 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 using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re just going to utilize metamask so to get start with metamask is easy meta mask there we go alright so we click on this link then we want to download it now click that install metamask for chrome alright and let’s go ahead and contribute to chrome add extension and there we go all right so now the metamask app is set up on our web browser so we just click begin we are brand-new to metamask so here is where you need to establish a wallet a wallet is what you do with your cryptocurrency Exchange Namecoin For Bitcoin