Namecoin Marketcap – Starting at $5+

discuss subjects of the cryptocurrency world…Namecoin Marketcap. utilizing examples stories and examples so that you can quickly 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 suggests for people getting into the complicated crypto space prior to we in fact get to comprehending the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we enjoy using examples so that’s precisely what we’re going to be using to help you comprehend dns so dns means domain service which is a fancy way of stating that it is a helpful service which allows us people to key in human readable addresses into the search bar and then it will instantly turn them into machine legible addresses so most of you are most likely familiar 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 shriek it into the void that is the web when you type in google.com and you hit enter your computer system sends a message to your internet service provider stating yo where’s google the internet service provider learns and goes to where google is tells them that you are looking for them and then grabs a bundle back to send to you now the plan is then unpacked by your computer system to reveal you the entirety of the google.com web page using complex mathematics and software application all of this

communication takes place behind the scenes however to you it’s simple and easy to use in fact if we had to type in 8.8.8.8 into the url bar instead of google.com a lot more individuals would be confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and nets because it makes sense to us so that’s basically 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 exact same thing that i simply mentioned other than it’s for ethereum ens means ethereum name service and basically lets me tell 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 want to support the channel do not hesitate to leave a like below it’s free and it rewards all our effort on this video and the past hundred that we have actually been truly hard at work developing however anyways if you’re not utilized to understanding crypto the option to sharing whiteboard crypto.eth with somebody is i ‘d need to share

Current 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 type of blockchain based domain name you can move it to wherever you want whatever wallet you desire with ease fine so now let’s delve into my laptop and get into the tutorial area of the video where i wish to show you unstoppable domain 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 and so on so you can really understand how to appropriately use unstoppable domain names so let’s get going welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get started with this site is extremely basic you just come here and then you enter the domain that you desire right here and after that click search now i want simply wish to point out that they do have particular price 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 the domain the more expensive it’s going to be so for example if i was come here and i key in my last name 2 400 uh i believe i’ll pass but anyways let me go on and simply add this to haul for demonstration purposes we’ll go to the carts and that’s it okay and

then you click on here checkout which’s it and so you can pay with a charge 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 odd 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 wish to use fine which’s it therefore when you’re all set then you’ll have your my domain list in your account therefore we have right down there so i own my name dot crypto and make a website dot crypto which’s it how to claim your crypto domain address now the reason that you ‘d wish to go through the process and actually declare uh your domain addresses since one then you actually own it then two you can do whatever you desire with it if you want to go offer it on some kind of like nft market you can go ahead and do that okay so much like when you buy any type of cryptocurrency from an exchange like uh coinbase for instance what it is is simply an iou it’s an iou until you actually move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you know 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 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 first way is that you need to acquire a claim with credits cost 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 actually have to pay uh to move things on and off through gas charges number two is you can pay the gas fees directly from your own wallet so if you currently have a wallet established 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 easy to claim however anyways to get going is very basic so we go here say if i wish to claim this one make a website.crypto we’ll declare with ethereum right there claim procedure started so now we have to send the code by email 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 right click copy paste there we go boom put that in all right fantastic now you’re like 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 particularly for ethereum now there are a couple of various 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 utilizing desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re simply going to use metamask so to start with metamask is simple meta mask there we go fine so we click on this link then we wish to download it now click on that set up metamask for chrome alright 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 internet browser so we simply click get started 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 Marketcap