explain subjects of the cryptocurrency world…How To Convert Namecoin To Bitcoin. utilizing 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 means for people entering into the complex crypto area before we really get to comprehending the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at white boards crypto we like utilizing examples so that’s exactly what we’re going to be using to assist you comprehend dns so dns represents domain service which is an elegant method of saying that it is a valuable service which allows us humans to enter human readable addresses into the search bar and after that it will automatically turn them into maker understandable addresses so most of you are most likely knowledgeable about ip addresses and those are precisely how a computer at one end of the internet understands how to talk particularly to another computer elsewhere and not simply scream it into the abyss that is the web when you key in google.com and you hit enter your computer system sends out 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 looking for them and then grabs a package back to send out to you now the plan is then unpacked by your computer to reveal you the totality of the google.com home page using complicated mathematics and software all of this
communication takes place behind the scenes however to you it’s easy and user friendly in fact if we needed to type in 8.8.8.8 into the url bar instead of google.com a lot more people would be puzzled 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 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 basically the very same thing that i just mentioned except it’s for ethereum ens stands for ethereum name service and practically lets me inform 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 don’t 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 hard work on this video and the past hundred that we have actually been actually hard at work producing but anyways if you’re not utilized to understanding crypto the option to sharing whiteboard crypto.eth with somebody is i ‘d need to share
Current domain 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 you can move it to anywhere you desire whatever wallet you want with ease fine so now let’s delve into my laptop computer and get into the tutorial area of the video where i wish 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 and so on so you can really understand how to correctly use unstoppable domain names so let’s get going welcome to my laptop let’s start so this is unstoppable domains.com now to begin with this website is very easy you simply come here and after that you key in the domain that you desire right here and then click search now i desire just wish to discuss that they do have particular 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 the domain name the more costly it’s going to be so for example if i was come here and i enter my surname 2 400 uh i believe i’ll pass however anyways let me go on and simply add this to cart for presentation functions we’ll go to the carts which’s it all right and
then you click here checkout and that’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 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 wish 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 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 wish to go through the procedure and in fact declare uh your domain addresses due to the fact that one then you actually own it then two you can do whatever you want with it if you wish to go sell it on some type of like nft marketplace you can proceed and do that okay so similar to when you buy any kind of cryptocurrency from an exchange like uh coinbase for example what it is is simply 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 think you understand this is you you have not claimed it yet so it’s an iou that you own this therefore i simply want to briefly reference at the time of this video that there are a couple of methods to claim your domain name the first method is that you have to acquire a claim with credits charge so that expenses uh at this time 40 per domain therefore that’s pays for the gas charges you’re like what are gas costs look this the ethereum network you really need to pay uh to move things on and off through gas costs second is you can pay the gas fees 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 solution that makes it simple to claim but anyways to get started is very easy so we go here say if i wish to declare this one make a website.crypto we’ll claim with ethereum right there claim process began so now we need to send out the code by email so click that therefore right over here we’ll leap 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 fine great now you’re like whoa what do i do choose 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 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 simply going to utilize metamask so to get start with metamask is simple meta mask there we go all right so we click on this link then we wish to download it now click on that set up metamask for chrome alright 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 going we are brand-new to metamask so here is where you have to set up a wallet a wallet is what you make with your cryptocurrency How To Convert Namecoin To Bitcoin