Namecoin Cryptocurrency Reddit – Starting at $5+

explain subjects of the cryptocurrency world…Namecoin Cryptocurrency Reddit. utilizing analogies stories and examples so that you can easily understand them in this video we are going to be explaining what unstoppable domains is how they might be much better than ens and what that indicates for people entering into the complicated crypto area prior to we actually 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 like utilizing examples so that’s exactly what we’re going to be utilizing to help you comprehend dns so dns means domain service which is an expensive way of stating that it is a practical service which enables us human beings to enter human legible addresses into the search bar and after that it will automatically turn them into machine understandable addresses so the majority of you are most likely acquainted 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 elsewhere and not simply shriek it into the void that is the web when you key in 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 discovers and goes to where google is tells them that you are looking for them and after that grabs a plan back to send out to you now the bundle is then unpacked by your computer system to show you the totality of the google.com web page using complex math and software all of this

communication occurs behind the scenes however to you it’s basic and easy to use in fact if we needed to type in 8.8.8.8 into the url bar instead of google.com a lot more people would be puzzled 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 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 exact same thing that i just mentioned other than it’s for ethereum ens means ethereum name service and pretty much lets me inform you that whiteboardcrypto.eth is my wallet address so you can simply type that in and pay me 20 if you want by the way if you do not have 20 and you want to support the channel feel free to leave a like listed below it’s totally free and it rewards all our effort on this video and the past hundred that we have actually been really hard at work developing but anyways if you’re not used to comprehending crypto the alternative to sharing white boards crypto.eth with someone is i ‘d have to share

Present domain register to release domain name 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 move it to any place you desire whatever wallet you desire with ease all right so now let’s delve into my laptop computer and get into the guide section of the video where i wish to show you unstoppable domain names how to get a domain name how to establish a specific wallet so you can attach the domain that you purchased to your wallet etc so you can actually understand how to correctly utilize unstoppable domain names so let’s begin welcome to my laptop let’s start so this is unstoppable domains.com now to get started with this site is really basic you just come here and after that you type in the domain name that you desire right here and after that click search now i desire just want to discuss that they do have particular cost points for the number of characters remain in the domain name that you want to get so something over 8 characters will be 40 the smaller sized the domain name the more expensive it’s going to be so for instance if i was come here and i type in my surname 2 400 uh i believe i’ll pass but anyways let me go on and just add this to cart for presentation functions we’ll go to the carts which’s it okay 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 versatile i like it’s that it’s not one of those unusual 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 nevertheless payment gateway you want to utilize alright and that’s it and so as soon as 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 claim your crypto domain address now the reason why you ‘d desire to go through the procedure and really claim uh your domain addresses since one then you actually 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 marketplace you can go ahead and do that alright so simply 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 up until you in fact 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 understand this is you you have not declared 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 very first way is that you have to buy a claim with credits fee so that expenses uh at this time 40 per domain name and so that’s pays for the gas costs you’re like what are gas charges look this the ethereum network you in fact 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 set up and you have ethereum in there you can pay with your own ethereum or you can simply wait until august so then they’ll have a scaling solution that makes it easy to claim but anyways to get begun is really easy so we go here say if i desire to declare this one make a website.crypto we’ll declare with ethereum right there declare procedure began so now we have to send 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 fantastic now you’re like whoa what do i do select wallet for claiming 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 few various wallets that they recommend 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 start with metamask is easy meta mask there we go all right so we click on this link then we wish to download it now click that install metamask for chrome okay and let’s go on and add to chrome add extension and there we go fine so now the metamask app is set up on our web 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 make with your cryptocurrency Namecoin Cryptocurrency Reddit