Namecoin Merged Mining Calc – Starting at $5+

discuss topics of the cryptocurrency world…Namecoin Merged Mining Calc. using analogies 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 better than ens and what that suggests for individuals entering into the complex crypto area before we really get to comprehending the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we like using examples so that’s exactly what we’re going to be using to assist you understand dns so dns stands for domain service which is a fancy method of saying that it is an useful service which permits us human beings to type in human legible addresses into the search bar and then it will automatically turn them into machine legible addresses so the majority of you are most likely familiar with ip addresses and those are precisely how a computer system at one end of the internet understands how to talk particularly to another computer elsewhere and not simply shriek it into the abyss 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 discovers and goes to where google is tells them that you are trying to find them and then grabs a bundle back to send out to you now the bundle is then unpacked by your computer to show you the totality of the google.com web page using complicated mathematics and software all of this

interaction happens behind the scenes but to you it’s easy and easy to use in fact if we needed to key 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 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 essentially the same thing that i just mentioned except it’s for ethereum ens means ethereum name service and practically lets me tell you that whiteboardcrypto.eth is my wallet address so you can just 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 feel free to leave a like listed below it’s complimentary 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 utilized to comprehending crypto the option to sharing whiteboard crypto.eth with somebody is i ‘d have to share

Existing domain register to launch domain name or in order to move it over to this other domain register and so on 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 jump into my laptop computer and enter into the tutorial section of the video where i wish to reveal you unstoppable domain names how to get a domain name how to set up a particular wallet so you can attach the domain that you bought to your wallet and so on so you can truly understand how to correctly utilize unstoppable domain names so let’s get going welcome to my laptop computer let’s start so this is unstoppable domains.com now to get going with this website is extremely simple you just come here and after that you key in the domain that you desire right here and then click search now i want simply wish to mention that they do have particular rate points for the number of characters are in the domain name that you wish to get so something over 8 characters will be 40 the smaller the domain name the more pricey 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 proceed and simply include this to haul for presentation functions we’ll go to the carts which’s it alright and

then 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 actually like i like that it’s flexible i like it’s that it’s not one of those weird crypto sites where you have to pay in cryptocurrency or you need to purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment entrance you want to utilize fine and that’s it therefore when you’re all set then you’ll have your my domain 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 you ‘d wish 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 desire with it if you want to go offer it on some kind of like nft market you can go on and do that all right so much like when you purchase any kind of cryptocurrency from an exchange like uh coinbase for instance 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 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 claimed it yet so it’s an iou that you own this and so i just want to briefly reference at the time of this video that there are a few ways 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 and so that’s pays for the gas fees you’re like what are gas costs look this the ethereum network you really need to pay uh to move things on and off by means of gas charges 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 till august so then they’ll have a scaling service that makes it simple to claim however anyways to get started is really basic so we go here state if i wish to declare this one make a website.crypto we’ll claim with ethereum right there claim procedure began so now we have to send out the code by email so click that and so 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 simply highlight that right click copy paste there we go boom put that in alright great now you’re like whoa what do i do pick 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

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 get start with metamask is easy meta mask there we go okay so we click here then we want to download it now click on that set up 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 installed on our internet browser so we simply click on begin we are new to metamask so here is where you need to set up a wallet a wallet is what you finish with your cryptocurrency Namecoin Merged Mining Calc