Mine Namecoin – Starting at $5+

discuss topics of the cryptocurrency world…Mine Namecoin. utilizing analogies stories and examples so that you can quickly understand them in this video we are going to be discussing what unstoppable domains is how they might be better than ens and what that implies for people entering the complicated crypto space prior to we really get to understanding the power of unstoppable domains the first thing we’ll need to do is understand dns here at whiteboard crypto we love utilizing examples so that’s exactly what we’re going to be utilizing to assist you understand dns so dns stands for domain service which is an elegant method of stating that it is a handy service which enables us human beings to type in human readable addresses into the search bar and after that it will instantly turn them into machine readable addresses so most of you are probably familiar with ip addresses and those are exactly how a computer at one end of the web knows how to talk specifically to another computer system elsewhere and not just scream it into the void that is the web when you key 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 looking for them and after that grabs a bundle back to send out to you now the plan is then unpacked by your computer system to show you the entirety of the google.com home page using complicated mathematics and software application all of this

communication happens behind the scenes however to you it’s easy and easy to use in fact if we needed to enter 8.8.8.8 into the url bar instead of google.com a lot more people would be puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and internet because it makes good sense to us so that’s basically 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 very same thing that i simply pointed out other than it’s for ethereum ens means ethereum name service and pretty much lets me tell you that whiteboardcrypto.eth is my wallet address so you can just 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 do not hesitate 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 really hard at work creating however anyways if you’re not used to understanding crypto the alternative to sharing white boards crypto.eth with someone is i ‘d have to share

Current domain register to launch domain name 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 name you can move it to wherever you want whatever wallet you want with ease fine so now let’s delve into my laptop and enter into the guide area of the video where i want to reveal you unstoppable domain names how to get a domain how to establish a particular wallet so you can attach the domain name that you bought to your wallet and so on so you can actually comprehend how to correctly use unstoppable domain so let’s get started welcome to my laptop let’s start so this is unstoppable domains.com now to start with this website is extremely easy you simply come here and after that you key in the domain name that you want right here and then click search now i want just wish to point out that they do have specific price 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 sized the domain the more pricey it’s going to be so for example if i was come here and i enter my surname 2 400 uh i think i’ll pass however anyways let me go on and simply add this to haul for demonstration purposes we’ll go to the carts and that’s it fine 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 actually like i like that it’s flexible i like it’s that it’s not one of those strange crypto sites 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 use okay 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 declare your crypto domain address now the reason why you ‘d desire to go through the process and in fact declare uh your domain addresses because one then you actually own it then 2 you can do whatever you desire with it if you desire to go offer it on some type of like nft marketplace you can go ahead and do that all right so just like when you buy 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 really move the cryptocurrency from coinbase to your own wallet this is the very same so this is on there this is you know it’s like a hot wallet i think you know this is you you haven’t claimed it yet so it’s an iou that you own this and so i simply want to briefly reference at the time of this video that there are a few methods to claim your domain name the first method is that you have to acquire a claim with credits cost so that expenses uh at this time 40 per domain name and so that’s pays for the gas charges you’re like what are gas charges look this the ethereum network you really have to pay uh to move things on and off by means of gas charges number two is you can pay the gas fees 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 simply wait up until august so then they’ll have a scaling service that makes it simple to claim but anyways to get started is really easy so we go here say if i desire to claim this one make a website.crypto we’ll claim with ethereum right there declare procedure began so now we have 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 simply highlight that best click copy paste there we go boom put that in all right fantastic now you’re like whoa what do i do pick wallet for declaring 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 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 utilizing 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 okay so we click on this link then we wish to download it now click that install metamask for chrome all right and let’s go ahead and add to chrome include extension and there we go fine 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 need to set up a wallet a wallet is what you do with your cryptocurrency Mine Namecoin