Namecoin All Time High – Starting at $5+

discuss subjects of the cryptocurrency world…Namecoin All Time High. utilizing analogies stories and examples so that you can easily 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 implies for individuals entering the complex crypto space before we really get to understanding the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at white boards crypto we love utilizing examples so that’s precisely what we’re going to be utilizing to help you understand dns so dns represents domain service which is an elegant method of stating that it is an useful service which enables us humans to enter human readable addresses into the search bar and after that it will immediately turn them into maker readable addresses so the majority of you are probably familiar with ip addresses and those are precisely how a computer system at one end of the internet understands how to talk specifically to another computer system somewhere else and not just scream it into the void that is the web when you enter google.com and you hit enter your computer sends out 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 trying to find them and after that grabs a plan back to send to you now the plan is then unpacked by your computer system to reveal you the totality of the google.com web page using complex mathematics and software application all of this

communication happens behind the scenes however to you it’s basic and easy to use in fact if we had to key in 8.8.8.8 into the url bar instead of google.com a lot more people would be confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and nets since it makes sense to us so that’s essentially 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 same thing that i just mentioned 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 want 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 effort on this video and the past hundred that we have actually been actually hard at work creating however anyways if you’re not used to understanding crypto the option to sharing whiteboard crypto.eth with somebody is i ‘d have 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 kind of blockchain based domain name you can move it to anywhere you desire whatever wallet you want with ease alright so now let’s jump into my laptop and enter into the tutorial section of the video where i wish to reveal you unstoppable domain how to get a domain name how to set up a particular wallet so you can attach the domain that you purchased to your wallet etc so you can really comprehend how to appropriately utilize unstoppable domain names so let’s begin welcome to my laptop let’s begin so this is unstoppable domains.com now to start with this website is extremely basic you just come here and after that you enter the domain that you desire right here and after that click search now i want just wish to discuss that they do have specific rate points for the number of characters are in the domain name that you want to get so something over 8 characters will be 40 the smaller the domain the more costly 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 on and simply include this to haul for presentation purposes we’ll go to the carts and that’s it all right and

then you click 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 really like i like that it’s flexible i like it’s that it’s not one of those strange crypto websites where you need to pay in cryptocurrency or you have to purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment entrance you want to use all right and that’s it therefore 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 reason that you ‘d want to go through the procedure and really claim uh your domain addresses since one then you really 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 market you can go ahead and do that fine so similar to when you purchase any kind of cryptocurrency from an exchange like uh coinbase for example what it is is simply 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 guess you know this is you you have not declared it yet so it’s an iou that you own this therefore i simply want to briefly reference at the time of this video that there are a couple of methods to declare your domain the very first way is that you need to acquire a claim with credits fee so that costs uh at this time 40 per domain name therefore that’s spends for the gas charges you’re like what are gas charges look this the ethereum network you actually have to pay uh to move things on and off through gas fees number two is you can pay the gas costs directly from your own wallet so if you already have a wallet established 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 easy to claim but anyways to get started is very basic so we go here state if i want to claim this one make a website.crypto we’ll declare with ethereum right there declare process started so now we have to send the code by email so click that therefore right over here we’ll jump over here and await 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 ideal click copy paste there we go boom put that in fine 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 particularly for ethereum now there are a couple of different 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 just going to utilize metamask so to begin with metamask is easy meta mask there we go fine 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 on and add to chrome add extension and there we go okay so now the metamask app is set up on our internet browser so we simply click 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 Namecoin All Time High