Namecoin Coinmarketcap – Starting at $5+

explain subjects of the cryptocurrency world…Namecoin Coinmarketcap. utilizing examples stories and examples so that you can easily 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 indicates for individuals entering into 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 enjoy utilizing examples so that’s precisely what we’re going to be utilizing to help you understand dns so dns represents domain name service which is an expensive method of saying that it is a valuable service which permits us people to enter human legible addresses into the search bar and then it will automatically turn them into device 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 knows how to talk particularly to another computer system elsewhere and not simply scream it into the abyss that is the web when you enter google.com and you struck enter your computer system sends a message to your internet service provider saying yo where’s google the internet service provider learns and goes to where google is tells them that you are trying to find them and after that grabs a bundle back to send out to you now the package is then unpacked by your computer system to reveal you the totality of the google.com home page using complex mathematics and software all of this

communication takes place behind the scenes however to you it’s basic and user friendly in fact if we needed to key in 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 due to the fact that it makes good sense to us so that’s essentially 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 same thing that i simply discussed other than it’s for ethereum ens stands for ethereum name service and practically 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 do not hesitate to leave a like below it’s complimentary and it rewards all our effort on this video and the past hundred that we’ve been truly hard at work creating however anyways if you’re not used to comprehending crypto the option 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 register etc uh when you have a dot crypto dot zill any kind of blockchain based domain name you can transfer it to anywhere you want whatever wallet you desire with ease okay so now let’s delve into my laptop computer and enter into the tutorial area of the video where i want to reveal you unstoppable domain names how to get a domain how to set up a particular wallet so you can connect the domain that you bought to your wallet and so on so you can really comprehend how to properly use unstoppable domain so let’s get going welcome to my laptop computer let’s start so this is unstoppable domains.com now to begin with this site is really easy you simply come here and after that you type in the domain that you want right here and after that click on search now i desire simply want to discuss that they do have specific cost points for how many characters remain in the domain name that you want to get so something over 8 characters will be 40 the smaller sized 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 however anyways let me proceed and simply add this to haul for presentation functions we’ll go to the carts which’s it okay and

then you click here checkout and that’s it and so you can pay with a charge card paypal crypto or you can pay with the crypto.com app and i really like i like that it’s versatile i like it’s that it’s not one of those odd crypto sites where you need to pay in cryptocurrency or you have to purchase unstoppable coin then exchange it or whatever no you can pay with however payment gateway you wish to utilize okay and that’s it therefore when you’re all set then you’ll have your my domain name list in your account therefore we have right down there so i own my name dot crypto and make a site dot crypto which’s it how to declare your crypto domain address now the reason why you ‘d wish to go through the procedure and actually claim uh your domain addresses because one then you actually own it then two you can do whatever you want with it if you wish to go offer it on some kind of like nft market you can proceed 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 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 resembles a hot wallet i guess you know this is you you have not claimed it yet so it’s an iou that you own this therefore i just wish to briefly mention at the time of this video that there are a couple of ways to declare your domain name the very first way is that you need to buy a claim with credits fee so that costs uh at this time 40 per domain therefore that’s pays for the gas fees you’re like what are gas fees look this the ethereum network you in fact need 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 solution that makes it simple to claim but anyways to get started is very simple so we go here say if i want to claim this one make a website.crypto we’ll claim with ethereum right there declare process began so now we need to send out the code by e-mail so click that therefore right over here we’ll leap over here and wait for the code to hit 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 best click copy paste there we go boom put that in alright fantastic now you resemble whoa what do i do choose 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 couple of different wallets that they suggest 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 simply going to utilize metamask so to begin with metamask is simple meta mask there we go okay so we click here then we wish to download it now click on that install metamask for chrome all right and let’s go on and add to chrome add extension and there we go alright so now the metamask app is set up on our browser so we simply click on begin we are new to metamask so here is where you need to establish a wallet a wallet is what you make with your cryptocurrency Namecoin Coinmarketcap