Mining Namecoin With Asics – Starting at $5+

describe subjects of the cryptocurrency world…Mining Namecoin With Asics. utilizing analogies stories and examples so that you can quickly 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 suggests for people entering into the complicated crypto area before we really get to comprehending the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at white boards crypto we enjoy utilizing examples so that’s exactly what we’re going to be utilizing to assist you understand dns so dns represents domain service which is a fancy method of stating that it is a handy service which enables us humans to enter human understandable addresses into the search bar and then it will instantly turn them into device readable addresses so most of you are most likely knowledgeable about ip addresses and those are precisely how a computer at one end of the web knows how to talk particularly to another computer system elsewhere and not just yell it into the abyss that is the web when you enter google.com and you struck enter your computer sends a message to your internet service provider saying yo where’s google the internet service provider finds out and goes to where google is tells them that you are searching for them and after that gets a bundle back to send out to you now the package is then unpacked by your computer system to show you the totality of the google.com home page utilizing complicated math and software all of this

interaction occurs behind the scenes however to you it’s easy and user friendly in fact if we needed to enter 8.8.8.8 into the url bar instead of google.com a lot more individuals would be confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and webs due to the fact that 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 basically the very same thing that i just discussed except it’s for ethereum ens represents 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 desire by the way if you don’t 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 hard work on this video and the past hundred that we’ve been actually hard at work creating however anyways if you’re not used to comprehending crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d need to share

Existing domain name register to release 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 name you can transfer it to anywhere you want whatever wallet you desire with ease fine so now let’s delve into my laptop computer and enter the guide area of the video where i want to show you unstoppable domain how to get a domain how to establish a specific wallet so you can connect the domain name that you purchased to your wallet and so on so you can actually understand 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 get started with this website is extremely basic you simply come here and after that you type in the domain name that you want right here and after that click on search now i desire just wish to point out that they do have specific cost points for how many characters remain in the domain 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 instance if i was come here and i type in my last name 2 400 uh i believe i’ll pass but anyways let me go ahead and simply add this to haul for presentation functions we’ll go to the carts which’s it alright 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 weird 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 nevertheless payment gateway you want to utilize all right 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 site dot crypto and that’s it how to claim your crypto domain address now the factor why you ‘d want to go through the process and in fact claim uh your domain addresses because one then you actually own it then two you can do whatever you want with it if you want to go sell it on some type of like nft marketplace you can go ahead and do that okay so simply 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 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 and so i just want to briefly mention at the time of this video that there are a few methods to declare your domain name the first method is that you have to acquire a claim with credits charge so that costs 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 really have to pay uh to move things on and off through gas fees number two 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 until august so then they’ll have a scaling solution that makes it easy to claim however anyways to get started is very basic so we go here state if i desire to claim this one make a website.crypto we’ll claim with ethereum right there declare process began so now we have to send out the code by e-mail 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 ideal click copy paste there we go boom put that in alright great 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 specifically for ethereum now there are a couple of different wallets that they advise 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 begin with metamask is simple meta mask there we go alright so we click on this link then we wish to download it now click on that install metamask for chrome all right and let’s go on and contribute to chrome add extension and there we go all right so now the metamask app is set up on our web browser so we simply click on start 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 Mining Namecoin With Asics