Namecoin News – Starting at $5+

describe topics of the cryptocurrency world…Namecoin News. utilizing analogies stories and examples so that you can easily comprehend them in this video we are going to be describing what unstoppable domains is how they might be much better than ens and what that implies for individuals getting into the complicated crypto space before we in fact get to understanding the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we enjoy using examples so that’s exactly what we’re going to be utilizing to help you comprehend dns so dns means domain name service which is a fancy way of stating that it is an useful service which permits us people to enter human legible addresses into the search bar and then it will instantly turn them into maker legible addresses so the majority of you are probably knowledgeable about ip addresses and those are precisely how a computer at one end of the internet knows how to talk specifically to another computer system 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 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 searching for them and after that gets a bundle back to send to you now the package is then unpacked by your computer to reveal you the whole of the google.com web page utilizing complex mathematics and software all of this

interaction occurs behind the scenes but to you it’s simple and user friendly in fact if we needed to type in 8.8.8.8 into the url bar instead of google.com a lot more individuals would be puzzled right we don’t 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 basically the same thing that i just pointed out except 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 simply 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 do not hesitate to leave a like below it’s free and it rewards all our hard work on this video and the past hundred that we’ve been really hard at work developing however anyways if you’re not used to understanding crypto the alternative to sharing white boards crypto.eth with someone is i ‘d need to share

Present domain 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 you can transfer it to anywhere you want whatever wallet you desire with ease fine so now let’s delve into my laptop computer and get into the guide area of the video where i want to reveal you unstoppable domain how to get a domain how to establish a particular wallet so you can attach the domain that you bought to your wallet and so on so you can truly comprehend how to effectively utilize unstoppable domain so let’s get going welcome to my laptop let’s begin so this is unstoppable domains.com now to start with this website is extremely easy you simply come here and then you key in the domain name that you desire right here and after that click search now i want simply wish to point out that they do have particular rate points for the number of characters remain in the domain 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 example if i was come here and i type in my surname 2 400 uh i believe i’ll pass but anyways let me go ahead and simply include this to cart for presentation purposes we’ll go to the carts which’s it all right and

then you click on here checkout which’s it therefore 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 unusual crypto sites where you need 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 all right and that’s it therefore once 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 site dot crypto which’s it how to claim your crypto domain address now the reason you ‘d want to go through the procedure 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 wish to go sell it on some kind of like nft marketplace you can go on and do that all right so similar to 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 same so this is on there this is you know it resembles 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 just wish to briefly mention at the time of this video that there are a few ways to claim your domain the very first method is that you need to acquire a claim with credits charge so that expenses uh at this time 40 per domain name therefore that’s spends for the gas charges you resemble 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 two 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 simply wait until august so then they’ll have a scaling option that makes it simple to claim but anyways to start is really easy so we go here say if i want to claim this one make a website.crypto we’ll declare with ethereum right there claim process began so now we need to send out the code by email so click that therefore right over here we’ll leap over here and wait on 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 just highlight that ideal click copy paste there we go boom put that in okay terrific 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 couple of 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 using 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 fine so we click here then we wish to download it now click on that install metamask for chrome fine and let’s proceed and add to chrome include extension and there we go okay so now the metamask app is installed on our web browser so we simply click start 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 News