Ledger Nano S Namecoin – Starting at $5+

explain topics of the cryptocurrency world…Ledger Nano S Namecoin. utilizing examples stories and examples so that you can quickly comprehend them in this video we are going to be describing what unstoppable domains is how they might be much better than ens and what that means for individuals entering the complex crypto space prior to we in fact 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 precisely what we’re going to be using to help you comprehend dns so dns stands for domain name service which is a fancy method of saying that it is a handy service which enables us human beings to type in human understandable addresses into the search bar and then it will automatically turn them into machine legible addresses so most of you are probably acquainted with ip addresses and those are exactly how a computer system at one end of the web understands how to talk specifically to another computer somewhere else and not simply yell it into the abyss that is the web when you enter google.com and you hit 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 looking for them and after that grabs a plan back to send to you now the plan is then unpacked by your computer system to show you the totality of the google.com web page utilizing complex math and software application all of this

interaction happens behind the scenes however to you it’s simple and user friendly in fact if we had 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 internet since it makes good 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 essentially the very same thing that i just mentioned except it’s for ethereum ens represents ethereum name service and basically 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 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 effort on this video and the past hundred that we have actually been really hard at work producing however 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

Current domain name register to release domain 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 type of blockchain based domain name you can transfer it to any place you want whatever wallet you want with ease all right so now let’s delve into my laptop computer and get into the tutorial area of the video where i want to reveal you unstoppable domain how to get a domain name how to set up a particular wallet so you can attach the domain name that you bought to your wallet etc so you can truly comprehend how to appropriately use 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 website is really easy you simply come here and after that you key in the domain that you want right here and after that click search now i desire simply want to point out that they do have specific cost points for how many characters are 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 enter my last name 2 400 uh i believe i’ll pass but anyways let me go on and just include this to haul for presentation purposes 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 charge 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 entrance you wish to utilize all right which’s it therefore when you’re all set then you’ll have your my domain 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 reason that you ‘d wish to go through the procedure and actually declare uh your domain addresses since one then you actually own it then two you can do whatever you desire with it if you wish to go offer it on some type of like nft market you can proceed and do that alright so much like when you buy any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is just an iou it’s an iou up until you really move the cryptocurrency from coinbase to your own wallet this is the 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 declared it yet so it’s an iou that you own this therefore i just wish 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 have to purchase a claim with credits fee so that expenses uh at this time 40 per domain therefore that’s spends for the gas charges you’re like what are gas fees look this the ethereum network you really have to pay uh to move things on and off by means of gas charges second is you can pay the gas fees directly 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 just wait up until august so then they’ll have a scaling option that makes it easy to claim but anyways to begin is extremely simple so we go here say if i wish to declare this one make a website.crypto we’ll declare with ethereum right there declare procedure started so now we need to send out the code by email so click that and so 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 just highlight that right click copy paste there we go boom put that in alright terrific 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 few various 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 just going to use metamask so to begin with metamask is easy meta mask there we go fine so we click here then we wish to download it now click on that set up metamask for chrome alright and let’s go ahead and contribute to chrome add extension and there we go okay so now the metamask app is installed on our browser so we simply click start we are new to metamask so here is where you have to establish a wallet a wallet is what you do with your cryptocurrency Ledger Nano S Namecoin