How Much Is 1 Namecoin Is Usd – Starting at $5+

explain subjects of the cryptocurrency world…How Much Is 1 Namecoin Is Usd. using analogies stories and examples so that you can easily comprehend 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 individuals entering 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 understand dns here at whiteboard crypto we like using examples so that’s precisely what we’re going to be using to help you comprehend dns so dns represents domain service which is an elegant method of stating that it is a handy service which allows us humans to enter human understandable addresses into the search bar and then it will automatically turn them into machine readable addresses so the majority of you are most likely acquainted with ip addresses and those are exactly how a computer system at one end of the internet understands how to talk specifically to another computer elsewhere and not just shout 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 stating yo where’s google the internet service provider finds out and goes to where google is tells them that you are trying to find them and then grabs a bundle back to send to you now the plan is then unpacked by your computer system to reveal you the entirety of the google.com home page utilizing complex mathematics and software all of this

interaction takes place 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 confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and internet because it makes 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 basically the same thing that i simply pointed out except it’s for ethereum ens means ethereum name service and pretty much lets me inform you that whiteboardcrypto.eth is my wallet address so you can merely type that in and pay me 20 if you want by the way if you don’t have 20 and you want to support the channel feel free to leave a like listed below it’s totally free and it rewards all our effort on this video and the past hundred that we have actually been really hard at work developing but anyways if you’re not used to understanding crypto the option to sharing white boards crypto.eth with someone is i ‘d need to share

Existing domain register to release 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 kind of blockchain based domain name you can move it to anywhere you desire whatever wallet you want with ease okay so now let’s delve into my laptop computer and enter into the guide section of the video where i want to show you unstoppable domain how to get a domain how to set up a specific wallet so you can attach the domain name that you purchased to your wallet etc so you can truly comprehend how to properly use unstoppable domain names so let’s get started welcome to my laptop let’s start so this is unstoppable domains.com now to get going with this site is really easy you simply come here and after that you key in the domain name that you want right here and then click on search now i want simply wish to discuss that they do have particular price points for how many characters remain in the domain name that you wish to get so something over 8 characters will be 40 the smaller the domain the more pricey it’s going to be so for instance if i was come here and i type in my last name 2 400 uh i believe i’ll pass but anyways let me go on and simply add this to haul for demonstration functions we’ll go to the carts and that’s it all right and

then you click here checkout which’s it therefore you can pay with a credit card paypal crypto or you can pay with the crypto.com app and i actually like i like that it’s flexible i like it’s that it’s not one of those odd crypto websites where you need to pay in cryptocurrency or you need to purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you wish to use okay and that’s it therefore as soon as 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 site dot crypto and that’s it how to claim your crypto domain address now the reason that you ‘d want to go through the process and in fact declare uh your domain addresses since one then you in fact own it then 2 you can do whatever you want with it if you wish to go offer it on some type of like nft marketplace you can go on and do that okay 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 up until you in fact 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 have not claimed it yet so it’s an iou that you own this therefore i just want to briefly reference at the time of this video that there are a couple of methods to claim your domain name the very first way is that you need to purchase a claim with credits fee so that expenses uh at this time 40 per domain therefore that’s spends for the gas fees you’re like what are gas costs look this the ethereum network you in fact have to pay uh to move things on and off through gas fees second 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 till august so then they’ll have a scaling service that makes it easy to claim but anyways to get going is very simple so we go here say if i want to declare this one make a website.crypto we’ll declare with ethereum right there declare procedure began so now we need 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 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 right click copy paste there we go boom put that in all right great 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 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 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 start with metamask is easy meta mask there we go fine so we click here 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 alright so now the metamask app is set up on our browser so we just click get started we are new to metamask so here is where you need to establish a wallet a wallet is what you make with your cryptocurrency How Much Is 1 Namecoin Is Usd