Namecoin Ico – Starting at $5+

describe subjects of the cryptocurrency world…Namecoin Ico. using 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 people entering into the complex crypto space prior to we actually get to understanding the power of unstoppable domains the first thing we’ll need to do is understand dns here at white boards crypto we enjoy using examples so that’s precisely what we’re going to be using to assist you understand dns so dns means domain name service which is an elegant method of stating that it is a practical service which enables us people to type in human legible addresses into the search bar and then it will immediately turn them into maker readable addresses so the majority of you are probably knowledgeable about ip addresses and those are exactly how a computer system at one end of the internet understands how to talk particularly to another computer system elsewhere and not just shriek it into the abyss that is the web when you key in google.com and you struck enter your computer sends out 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 package back to send out to you now the plan is then unpacked by your computer system to show you the totality of the google.com web page utilizing complex mathematics and software application all of this

interaction takes place behind the scenes however to you it’s basic 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 people would be puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and internet since 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 essentially the very same thing that i just mentioned except it’s for ethereum ens represents 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 really 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

Present domain name register to launch 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 any place you want whatever wallet you desire with ease fine so now let’s delve into my laptop computer and enter into the tutorial area of the video where i wish to show you unstoppable domain names how to get a domain how to establish a particular wallet so you can connect the domain that you bought to your wallet etc so you can really understand how to properly utilize unstoppable domain so let’s get started welcome to my laptop let’s begin so this is unstoppable domains.com now to get started with this site is very simple you simply come here and then you enter the domain name that you want right here and after that click search now i desire just want to discuss that they do have particular rate points for how many characters remain in the domain that you want to get so something over 8 characters will be 40 the smaller the domain the more expensive it’s going to be so for example if i was come here and i type in my surname 2 400 uh i think i’ll pass but anyways let me proceed and simply include this to cart for demonstration functions we’ll go to the carts which’s it fine 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 really like i like that it’s flexible i like it’s that it’s not one of those odd 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 however payment entrance you desire to utilize 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 website dot crypto and that’s it how to declare your crypto domain address now the factor why you ‘d want to go through the process and actually claim 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 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 till you really move the cryptocurrency from coinbase to your own wallet this is the very same so this is on there this is you understand 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 simply desire to briefly reference at the time of this video that there are a couple of methods to claim your domain name the first way is that you have to purchase a claim with credits fee 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 actually have to pay uh to move things on and off by means of gas costs number 2 is you can pay the gas fees 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 simple to claim but anyways to get begun is really simple so we go here say if i want to declare this one make a website.crypto we’ll claim with ethereum right there declare process began so now we have to send the code by e-mail so click that and so right over here we’ll jump 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 right click copy paste there we go boom put that in okay terrific 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 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 using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re just going to use metamask so to get going with metamask is simple meta mask there we go all right so we click here then we want to download it now click that install metamask for chrome fine and let’s go ahead and add to chrome include extension and there we go fine so now the metamask app is set up on our internet browser so we just click get going we are new to metamask so here is where you need to establish a wallet a wallet is what you finish with your cryptocurrency Namecoin Ico