Namecoin Reward – Starting at $5+

discuss subjects of the cryptocurrency world…Namecoin Reward. using analogies stories and examples so that you can quickly comprehend 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 space before we actually get to understanding the power of unstoppable domains the first thing we’ll need to do is understand dns here at whiteboard crypto we enjoy using examples so that’s exactly what we’re going to be using to help you understand dns so dns represents domain name service which is a fancy method of stating that it is a practical service which permits us human beings to type in human understandable addresses into the search bar and after that it will automatically turn them into maker understandable addresses so most of you are probably familiar with ip addresses and those are precisely how a computer at one end of the web understands how to talk particularly to another computer somewhere else and not simply scream it into the void 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 saying yo where’s google the internet service provider finds out and goes to where google is tells them that you are trying to find them and then gets a plan back to send out to you now the bundle is then unpacked by your computer to reveal you the whole of the google.com home page utilizing complex math and software application all of this

interaction happens behind the scenes but 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 internet because it makes 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 exact same thing that i just mentioned except it’s for ethereum ens represents ethereum name service and basically lets me inform you that whiteboardcrypto.eth is my wallet address so you can simply 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 feel free to leave a like listed 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 developing however anyways if you’re not utilized to understanding crypto the option to sharing whiteboard crypto.eth with someone is i ‘d have to share

Present domain name register to release domain 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 transfer it to anywhere you desire whatever wallet you want with ease all right so now let’s jump into my laptop computer and enter the tutorial section of the video where i wish to show you unstoppable domain names how to get a domain how to set up a particular wallet so you can connect the domain name that you bought to your wallet etc so you can actually comprehend how to appropriately use unstoppable domain names so let’s get started welcome to my laptop computer let’s start so this is unstoppable domains.com now to begin with this site is very easy you simply come here and then you enter the domain that you want right here and then click search now i desire just want to mention that they do have specific rate points for the number of 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 costly it’s going to be so for example if i was come here and i key in my surname 2 400 uh i think i’ll pass but anyways let me proceed and simply include this to cart for presentation functions we’ll go to the carts and that’s it fine and

then you click here checkout and that’s it and so you can pay with a charge 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 strange crypto websites 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 wish to use 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 site dot crypto which’s it how to declare your crypto domain address now the reason that you ‘d want to go through the procedure and really declare uh your domain addresses due to the fact that one then you actually own it then 2 you can do whatever you desire with it if you wish to go offer it on some type of like nft marketplace you can go on and do that alright so much like when you purchase any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is simply an iou it’s an iou 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 know it’s like a hot wallet i guess you understand this is you you have not claimed it yet so it’s an iou that you own this and so i simply wish to briefly mention at the time of this video that there are a few ways to claim your domain the very first way is that you have to purchase a claim with credits cost so that expenses uh at this time 40 per domain therefore that’s spends for the gas costs you’re like what are gas fees look this the ethereum network you really need to pay uh to move things on and off via gas charges second is you can pay the gas fees straight from your own wallet so if you currently have a wallet established 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 going is really basic so we go here say if i want to declare this one make a website.crypto we’ll declare with ethereum right there declare process began so now we have 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 strike 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 alright fantastic now you’re like whoa what do i do choose 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 utilizing 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 alright so we click on this link then we want to download it now click on that set up metamask for chrome okay and let’s go ahead and add to chrome add extension and there we go all right so now the metamask app is set up on our internet browser so we just click on begin we are new to metamask so here is where you need to establish a wallet a wallet is what you make with your cryptocurrency Namecoin Reward