Namecoin Reddit – Starting at $5+

explain topics of the cryptocurrency world…Namecoin Reddit. using analogies stories and examples so that you can quickly understand them in this video we are going to be describing what unstoppable domains is how they might be better than ens and what that means for individuals entering the complicated crypto area prior to we really get to comprehending the power of unstoppable domains the first thing we’ll need to do is understand dns here at whiteboard crypto we love utilizing examples so that’s precisely what we’re going to be using to assist you comprehend dns so dns represents domain service which is a fancy way of saying that it is a helpful service which permits us humans to type in human readable addresses into the search bar and then it will automatically turn them into device readable addresses so most of you are probably knowledgeable about ip addresses and those are precisely how a computer at one end of the internet understands how to talk specifically to another computer somewhere else and not simply yell it into the abyss that is the web when you enter google.com and you struck enter your computer system sends out 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 plan back to send out to you now the bundle is then unpacked by your computer system to reveal you the totality of the google.com web page using complicated math and software all of this

interaction happens behind the scenes but to you it’s basic and easy to use in fact if we had to key in 8.8.8.8 into the url bar instead of google.com a lot more people would be puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and nets due to the fact that it makes good sense to us so that’s essentially what a dns is a translator for human beings to speak machine code next up let’s see how this works for crypto ens is basically the same thing that i simply discussed except it’s for ethereum ens represents 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 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 effort on this video and the past hundred that we have actually been really hard at work producing but anyways if you’re not utilized to comprehending crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d have to share

Existing domain name register to release domain or in order to move it over to this other domain name register etc uh when you have a dot crypto dot zill any type of blockchain based domain you can move it to any place you want whatever wallet you desire with ease fine so now let’s jump into my laptop computer and enter the tutorial 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 purchased to your wallet and so on so you can truly comprehend how to effectively use unstoppable domain so let’s begin welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get started with this website is really easy you just come here and after that you enter the domain name that you want right here and after that click search now i desire just wish to point out that they do have particular price points for how many characters are 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 pricey it’s going to be so for example if i was come here and i type in my last name 2 400 uh i believe i’ll pass but anyways let me go ahead and simply include this to haul for demonstration functions we’ll go to the carts which’s it alright 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 actually like i like that it’s versatile i like it’s that it’s not one of those odd crypto sites where you need to pay in cryptocurrency or you have to buy unstoppable coin then exchange it or whatever no you can pay with nevertheless payment entrance you wish to utilize fine 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 reason that you ‘d want to go through the procedure and in fact declare uh your domain addresses because one then you really own it then 2 you can do whatever you desire with it if you want to go offer it on some kind of like nft marketplace you can go on and do that all right so much like when you buy any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is simply an iou it’s an iou up 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 guess you know this is you you have not claimed it yet so it’s an iou that you own this therefore i just wish to briefly mention at the time of this video that there are a couple of methods to claim your domain name the very first method is that you have to purchase a claim with credits fee so that expenses uh at this time 40 per domain name and so that’s spends for the gas fees you’re like what are gas fees look this the ethereum network you really have to pay uh to move things on and off via 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 till august so then they’ll have a scaling service that makes it easy to claim but anyways to get started is extremely easy so we go here state if i want to declare this one make a website.crypto we’ll declare with ethereum right there declare procedure started so now we need to send out the code by e-mail so click that and so right over here we’ll jump over here and wait on 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 ideal click copy paste there we go boom put that in okay fantastic now you resemble 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 recommend 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 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 begin with metamask is easy meta mask there we go alright so we click on this link then we wish to download it now click on that install metamask for chrome alright and let’s go on and contribute to chrome add extension and there we go okay so now the metamask app is set up on our internet browser so we just click get going we are new to metamask so here is where you have to establish a wallet a wallet is what you make with your cryptocurrency Namecoin Reddit