Namecoin 2019 – Starting at $5+

explain topics of the cryptocurrency world…Namecoin 2019. using analogies stories and examples so that you can quickly comprehend them in this video we are going to be explaining what unstoppable domains is how they might be better than ens and what that indicates for people entering the complex crypto space before we really get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at white boards crypto we love using examples so that’s exactly what we’re going to be utilizing to help you understand dns so dns stands for domain service which is an expensive method of saying that it is a valuable service which permits us humans to type in human understandable addresses into the search bar and after that it will immediately turn them into maker legible addresses so most of you are probably familiar with ip addresses and those are precisely how a computer system at one end of the web understands how to talk specifically to another computer system elsewhere and not just scream it into the void that is the web when you enter 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 finds out and goes to where google is tells them that you are looking for them and then gets a bundle back to send to you now the package is then unpacked by your computer system to show you the entirety of the google.com web page using complex mathematics 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 type in 8.8.8.8 into the url bar instead of google.com a lot more individuals would be puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and webs because it makes good sense to us so that’s basically what a dns is a translator for human beings to speak machine code next up let’s see how this works for crypto ens is basically the same thing that i just pointed out except it’s for ethereum ens stands for 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 wish 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 have actually been really hard at work producing however anyways if you’re not used to understanding crypto the option to sharing whiteboard 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 etc uh when you have a dot crypto dot zill any kind of blockchain based domain name you can move it to any place you want whatever wallet you want with ease okay so now let’s delve into my laptop and get into the tutorial section of the video where i want to show you unstoppable domain names how to get a domain name how to set up a particular wallet so you can connect the domain name that you purchased to your wallet etc so you can really comprehend how to appropriately utilize unstoppable domain names so let’s start welcome to my laptop let’s start so this is unstoppable domains.com now to get going with this site is very basic you simply come here and then you type in the domain name that you desire right here and after that click on search now i desire just want to mention that they do have specific rate points for the number of 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 expensive 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 simply include this to haul for presentation functions 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 unusual crypto websites where you have to pay in cryptocurrency or you have to purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you desire to use okay and that’s it and so when 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 reason why you ‘d want to go through the procedure and in fact declare uh your domain addresses due to the fact that one then you really own it then two you can do whatever you want with it if you desire to go offer it on some type of like nft market you can go ahead and do that fine so just like when you purchase any type of cryptocurrency from an exchange like uh coinbase for example what it is is just an iou it’s an iou till you really move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you understand it’s like a hot wallet i think you understand this is you you have not declared it yet so it’s an iou that you own this and so i simply desire to briefly mention 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 cost so that costs uh at this time 40 per domain name and so that’s pays 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 through gas fees number two is you can pay the gas charges 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 just wait up until august so then they’ll have a scaling service that makes it simple to claim but anyways to get begun is very simple so we go here state if i want to declare this one make a website.crypto we’ll claim with ethereum right there claim 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 right click copy paste there we go boom put that in okay excellent now you’re like whoa what do i do select 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 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 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 easy meta mask there we go alright so we click here then we wish to download it now click on that install metamask for chrome fine and let’s go on and contribute to chrome include extension and there we go fine so now the metamask app is set up on our web browser so we just click get started we are brand-new to metamask so here is where you have to set up a wallet a wallet is what you finish with your cryptocurrency Namecoin 2019