Exchange Namecoin – Starting at $5+

describe subjects of the cryptocurrency world…Exchange Namecoin. using examples 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 much better than ens and what that implies for people getting into the complex crypto area prior to we really get to comprehending the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we love utilizing examples so that’s exactly what we’re going to be using to assist you comprehend dns so dns stands for domain service which is an expensive method of stating that it is a handy service which permits us human beings to type in human readable addresses into the search bar and after that it will immediately turn them into machine legible addresses so most of you are probably knowledgeable about ip addresses and those are exactly how a computer system at one end of the web understands how to talk specifically to another computer system elsewhere and not simply yell it into the void that is the web when you key in google.com and you struck enter your computer sends 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 trying to find 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 totality of the google.com home page using complex mathematics and software all of this

communication happens behind the scenes but to you it’s basic and easy to use in fact if we needed to key in 8.8.8.8 into the url bar instead of google.com a lot more people would be puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and nets since it makes sense to us so that’s basically what a dns is a translator for humans to speak machine code next up let’s see how this works for crypto ens is essentially the same thing that i just pointed out other than it’s for ethereum ens means ethereum name service and practically 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 want to support the channel feel free to leave a like below it’s totally free and it rewards all our hard work on this video and the past hundred that we have actually been actually hard at work producing however anyways if you’re not utilized to understanding crypto the alternative to sharing white boards crypto.eth with somebody is i ‘d need to share

Existing domain name register to launch domain name or in order to move it over to this other domain register and so on uh when you have a dot crypto dot zill any kind of blockchain based domain you can move it to anywhere you desire whatever wallet you desire with ease alright so now let’s delve into my laptop computer and get into the tutorial section of the video where i wish to reveal you unstoppable domain names how to get a domain how to set up a specific wallet so you can attach the domain that you bought to your wallet etc so you can really understand how to effectively 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 site is extremely easy you just come here and after that you key in the domain that you want right here and then click search now i desire just want to point out that they do have specific cost points for how many characters are in the domain that you wish to get so something over 8 characters will be 40 the smaller sized the domain name the more costly it’s going to be so for example if i was come here and i key in my last name 2 400 uh i believe i’ll pass however anyways let me proceed and simply include this to haul for presentation functions we’ll go to the carts and that’s it all right 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 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 entrance you desire to utilize alright and that’s it and so once 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 factor why you ‘d want to go through the procedure and really 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 desire to go offer it on some type of like nft market 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 simply an iou it’s an iou up until you actually move the cryptocurrency from coinbase to your own wallet this is the exact same so this is on there this is you know it’s like a hot wallet i think you know this is you you have not claimed it yet so it’s an iou that you own this and so i simply 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 acquire a claim with credits cost 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 charges look this the ethereum network you in fact have to pay uh to move things on and off through gas costs number 2 is you can pay the gas costs directly 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 up until august so then they’ll have a scaling option that makes it easy to claim however anyways to get started is very basic so we go here state if i desire to declare this one make a website.crypto we’ll declare with ethereum right there claim process began so now we have to send out the code by e-mail 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 ideal click copy paste there we go boom put that in okay terrific 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 particularly for ethereum now there are a couple of various 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 using 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 easy meta mask there we go all right so we click on this link then we want to download it now click on that set up metamask for chrome okay and let’s proceed and contribute to chrome add extension and there we go okay so now the metamask app is installed on our web browser so we simply click on begin we are brand-new to metamask so here is where you need to set up a wallet a wallet is what you finish with your cryptocurrency Exchange Namecoin