Namecoin Price Index – Starting at $5+

describe subjects of the cryptocurrency world…Namecoin Price Index. utilizing examples stories and examples so that you can quickly comprehend 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 means for people entering into the complicated crypto area 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 like utilizing examples so that’s precisely what we’re going to be using to assist you understand dns so dns represents domain service which is a fancy method of saying that it is a practical service which allows us humans to type in human readable addresses into the search bar and then it will automatically turn them into machine readable addresses so most of you are most likely acquainted with ip addresses and those are exactly how a computer at one end of the web knows how to talk specifically to another computer system somewhere else and not just yell it into the void that is the web when you key 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 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 totality of the google.com web page using complicated mathematics and software all of this

communication happens behind the scenes however to you it’s basic and easy to use in fact if we needed to type in 8.8.8.8 into the url bar instead of google.com a lot more people would be confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and webs because it makes sense to us so that’s essentially what a dns is a translator for people to speak machine code next up let’s see how this works for crypto ens is basically the same thing that i just discussed other than it’s for ethereum ens stands for 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 don’t have 20 and you want to support the channel do not hesitate to leave a like 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 however anyways if you’re not utilized to understanding crypto the option to sharing whiteboard crypto.eth with someone is i ‘d need to share

Existing domain name register to release domain 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 type of blockchain based domain you can transfer it to wherever you want whatever wallet you want with ease okay so now let’s delve into my laptop computer and enter 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 bought to your wallet and so on so you can really comprehend how to correctly use unstoppable domain names so let’s get started welcome to my laptop computer let’s begin so this is unstoppable domains.com now to begin with this website is really easy you simply come here and after that you key in the domain that you want right here and then click search now i desire simply wish to discuss that they do have particular cost points for how many characters are in the domain that you wish to get so something over 8 characters will be 40 the smaller sized the domain the more costly it’s going to be so for instance if i was come here and i key in my surname 2 400 uh i think i’ll pass but anyways let me go on and just include this to cart for demonstration purposes 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 versatile i like it’s that it’s not one of those unusual 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 alright and that’s it and so as soon as 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 process and in fact declare uh your domain addresses due to the fact that one then you really own it then two you can do whatever you desire with it if you want to go sell it on some type of like nft market you can go ahead and do that okay so just 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 until you really move the cryptocurrency from coinbase to your own wallet this is the exact same so this is on there this is you know it’s like 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 simply want to briefly reference at the time of this video that there are a few ways to declare your domain name the very first method is that you have to acquire a claim with credits fee so that expenses uh at this time 40 per domain name and so 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 via gas costs number two is you can pay the gas fees directly from your own wallet so if you already have a wallet set up and you have ethereum in there you can pay with your own ethereum or you can simply wait up until august so then they’ll have a scaling service that makes it simple to claim but anyways to get begun is very basic so we go here state if i desire 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 jump over here and wait for 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 best click copy paste there we go boom put that in alright fantastic now you’re like whoa what do i do select 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 few 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 use metamask so to get start with metamask is simple meta mask there we go fine so we click here then we wish to download it now click that install metamask for chrome okay and let’s proceed and add to chrome add extension and there we go all right so now the metamask app is installed on our internet browser so we just click begin we are brand-new to metamask so here is where you need to establish a wallet a wallet is what you make with your cryptocurrency Namecoin Price Index