How To Use Namecoin – Starting at $5+

describe subjects of the cryptocurrency world…How To Use Namecoin. utilizing analogies 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 much better than ens and what that implies for people entering the complex crypto area prior to we in fact get to understanding the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at whiteboard crypto we enjoy using examples so that’s precisely what we’re going to be using to assist you understand dns so dns means domain service which is a fancy way of stating that it is a valuable service which permits us humans to enter human legible addresses into the search bar and after that it will automatically turn them into device legible addresses so most of you are most likely acquainted with ip addresses and those are precisely how a computer at one end of the internet understands how to talk particularly to another computer system somewhere else and not just scream it into the void that is the web when you type in google.com and you struck enter your computer sends out a message to your internet service provider saying 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 grabs a package back to send out to you now the package is then unpacked by your computer to show you the whole of the google.com home page using complicated math and software all of this

communication happens behind the scenes but to you it’s basic and easy to use 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 webs since 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 basically the same thing that i just discussed 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 desire 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 have actually been actually hard at work creating but anyways if you’re not utilized to comprehending crypto the option to sharing whiteboard crypto.eth with somebody is i ‘d have to share

Current domain register to launch domain 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 transfer it to wherever you want whatever wallet you desire with ease alright so now let’s jump into my laptop and enter the guide section of the video where i want to show you unstoppable domain names how to get a domain how to establish a specific wallet so you can connect the domain name that you bought to your wallet and so on so you can actually understand how to correctly utilize unstoppable domain names so let’s get going welcome to my laptop let’s begin so this is unstoppable domains.com now to get going with this website is really easy you just come here and then you type in the domain that you desire right here and after that click on search now i want simply want to point out that they do have specific rate points for the number of characters remain in the domain name that you want to get so something over 8 characters will be 40 the smaller the domain name the more pricey it’s going to be so for instance if i was come here and i key in my last name 2 400 uh i think i’ll pass however anyways let me proceed and simply include this to cart for presentation functions we’ll go to the carts which’s it okay and

then you click on here checkout which’s it and so 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 strange crypto websites where you have to pay in cryptocurrency or you have to buy unstoppable coin then exchange it or whatever no you can pay with however payment gateway you want to utilize alright which’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 which’s it how to claim your crypto domain address now the reason you ‘d want to go through the procedure and really declare uh your domain addresses since one then you really own it then two you can do whatever you desire with it if you wish to go offer it on some kind of like nft market you can go on and do that all right so much like when you purchase any type of cryptocurrency from an exchange like uh coinbase for instance what it is is just an iou it’s an iou until you actually 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 think you understand this is you you haven’t claimed it yet so it’s an iou that you own this and so i simply wish to briefly reference at the time of this video that there are a few methods to claim your domain name the very first method is that you have to purchase a claim with credits fee so that expenses uh at this time 40 per domain name therefore that’s spends for the gas fees you resemble what are gas costs look this the ethereum network you in fact need to pay uh to move things on and off by means of gas costs number two is you can pay the gas fees straight 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 simply wait until august so then they’ll have a scaling service that makes it simple to claim but anyways to begin is really easy so we go here say if i want to declare this one make a website.crypto we’ll declare with ethereum right there declare process began so now we need to send the code by e-mail so click that and so right over here we’ll leap over here and wait on 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 just highlight that best click copy paste there we go boom put that in fine fantastic now you’re like whoa what do i do pick wallet for claiming so unstoppable domains has their own app we have a web 3 wallet coinbase wall all mu wall is specifically for ethereum now there are a couple of different wallets that they recommend 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 begin with metamask is easy meta mask there we go alright so we click on this link then we wish to download it now click on that set up metamask for chrome fine 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 begin we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you do with your cryptocurrency How To Use Namecoin