Namecoin Mining Profitability – Starting at $5+

describe topics of the cryptocurrency world…Namecoin Mining Profitability. using examples stories and examples so that you can quickly comprehend them in this video we are going to be discussing what unstoppable domains is how they might be better than ens and what that indicates for people entering the complex crypto space before we actually get to understanding 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 utilizing to help you understand dns so dns means domain name service which is an expensive way of stating that it is a handy service which enables us people to enter human understandable addresses into the search bar and then it will immediately turn them into machine legible addresses so most of you are most likely acquainted with ip addresses and those are exactly how a computer at one end of the internet understands how to talk specifically to another computer elsewhere and not just scream it into the abyss that is the web when you enter google.com and you hit enter your computer system 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 searching for them and after that gets a bundle back to send to you now the package is then unpacked by your computer system to show you the entirety 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 simple and easy to use 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 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 essentially the very same thing that i just pointed out except it’s for ethereum ens represents ethereum name service and pretty much 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 don’t have 20 and you wish 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’ve been really hard at work producing but anyways if you’re not utilized to comprehending crypto the option to sharing whiteboard crypto.eth with somebody is i ‘d need to share

Current domain name register to launch domain name or in order to move it over to this other domain name register and so on uh when you have a dot crypto dot zill any kind of blockchain based domain name you can transfer it to any place you want whatever wallet you want with ease alright so now let’s jump into my laptop and enter into the tutorial section of the video where i want to reveal you unstoppable domain how to get a domain name how to set up a particular wallet so you can attach the domain name that you purchased to your wallet etc so you can truly understand how to correctly utilize unstoppable domain so let’s start welcome to my laptop let’s begin so this is unstoppable domains.com now to get going with this website is really simple you just come here and then you key in the domain name that you desire right here and after that click on search now i want just want to mention that they do have particular 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 name the more expensive it’s going to be so for example if i was come here and i enter my surname 2 400 uh i believe i’ll pass but anyways let me proceed and simply add this to haul for presentation functions we’ll go to the carts and that’s it alright 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 weird crypto sites 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 want to utilize all right 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 site dot crypto and that’s it how to declare your crypto domain address now the factor why you ‘d want to go through the procedure and actually declare uh your domain addresses because one then you in fact 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 okay so simply like when you buy any type of cryptocurrency from an exchange like uh coinbase for example what it is is just an iou it’s an iou until 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 guess you understand this is you you haven’t declared 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 couple of ways to declare your domain name the first method is that you have to acquire a claim with credits cost 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 really have to pay uh to move things on and off through gas fees number two is you can pay the gas costs 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 up until august so then they’ll have a scaling service that makes it easy to claim but anyways to get begun is very easy so we go here state if i want to claim this one make a website.crypto we’ll declare 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 just highlight that best click copy paste there we go boom put that in fine great 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 specifically for ethereum now there are a couple of various wallets that they advise 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 using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re simply going to use metamask so to get going with metamask is easy meta mask there we go fine so we click on this link then we want to download it now click that set up metamask for chrome all right and let’s go ahead and contribute to chrome add extension and there we go fine so now the metamask app is set up on our browser so we simply click on start we are new to metamask so here is where you have to set up a wallet a wallet is what you make with your cryptocurrency Namecoin Mining Profitability