discuss topics of the cryptocurrency world…How To Install .Orc Namecoin Wallet For Osx. using analogies 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 indicates for people getting into the complicated crypto area prior to we really get to understanding the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we love utilizing examples so that’s precisely what we’re going to be using to assist you comprehend dns so dns represents domain service which is an expensive method of stating that it is a handy service which allows us humans to enter human legible addresses into the search bar and after that it will immediately turn them into maker readable addresses so most of you are most likely knowledgeable about ip addresses and those are precisely how a computer system at one end of the web understands how to talk particularly to another computer system somewhere else and not simply shriek it into the void that is the web when you key in google.com and you struck enter your computer system sends a message to your internet service provider stating yo where’s google the internet service provider discovers and goes to where google is tells them that you are trying to find them and after that gets a bundle back to send to you now the package is then unpacked by your computer system to reveal you the totality of the google.com web page utilizing 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 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 sense to us so that’s essentially 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 very same thing that i just pointed out except it’s for ethereum ens represents ethereum name service and basically lets me tell 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 wish to support the channel feel free to leave a like below it’s totally free and it rewards all our effort on this video and the past hundred that we’ve been really hard at work creating however anyways if you’re not used to comprehending crypto the option to sharing white boards crypto.eth with somebody is i ‘d have to share
Existing domain register to release domain name or in order to move it over to this other domain name register and so on uh when you have a dot crypto dot zill any kind of blockchain based domain you can transfer it to anywhere you desire whatever wallet you want with ease fine so now let’s delve into my laptop computer and enter into the guide area of the video where i wish to reveal you unstoppable domain names how to get a domain name how to set up a particular wallet so you can attach the domain that you bought to your wallet etc so you can actually comprehend how to appropriately utilize unstoppable domain so let’s get started welcome to my laptop computer let’s begin so this is unstoppable domains.com now to begin with this site is very simple you simply come here and after that you enter the domain name that you desire right here and then click search now i want just want to mention that they do have specific cost points for how many characters remain in the domain name that you want to get so something over 8 characters will be 40 the smaller sized the domain name the more pricey 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 but anyways let me proceed and simply add this to cart for demonstration purposes we’ll go to the carts which’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 weird crypto sites where you have to pay in cryptocurrency or you have to purchase unstoppable coin then exchange it or whatever no you can pay with however payment entrance you want to use 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 website dot crypto and that’s it how to claim your crypto domain address now the reason why you ‘d want to go through the process and really declare uh your domain addresses because one then you really own it then two 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 fine so just 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 till you in fact 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 guess you know this is you you haven’t declared it yet so it’s an iou that you own this and so i just desire to briefly mention at the time of this video that there are a couple of methods 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 costs you’re like what are gas costs look this the ethereum network you actually have to pay uh to move things on and off by means of gas costs number 2 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 up until august so then they’ll have a scaling option that makes it easy to claim but anyways to get started is very simple so we go here say if i want to claim this one make a website.crypto we’ll declare with ethereum right there claim procedure started 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 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 all right 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 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 simply going to use metamask so to get start with metamask is easy meta mask there we go fine so we click here then we want to download it now click that set up metamask for chrome alright and let’s go on and add to chrome include extension and there we go alright so now the metamask app is installed on our browser so we simply click on get going we are new to metamask so here is where you have to set up a wallet a wallet is what you finish with your cryptocurrency How To Install .Orc Namecoin Wallet For Osx