Namecoin Solo Mining – Starting at $5+

explain subjects of the cryptocurrency world…Namecoin Solo Mining. 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 suggests for individuals entering into the complicated crypto space before we in fact get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we love utilizing examples so that’s exactly what we’re going to be utilizing to help you understand dns so dns stands for domain service which is an elegant way of saying that it is a helpful service which enables us people to key in human legible addresses into the search bar and then it will immediately turn them into machine legible addresses so most of you are probably familiar with ip addresses and those are precisely how a computer system at one end of the internet understands how to talk particularly to another computer system elsewhere and not just scream it into the abyss that is the web when you enter google.com and you hit enter your computer 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 plan is then unpacked by your computer to reveal you the whole of the google.com web page using complicated 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 webs due to the fact that 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 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 simply type that in and pay me 20 if you want by the way if you do not have 20 and you want 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’ve been truly 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 have to share

Existing domain register to launch domain name 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 you can transfer it to anywhere you desire whatever wallet you desire with ease fine so now let’s jump into my laptop computer and get into the tutorial section of the video where i want 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 and so on so you can actually understand how to appropriately use unstoppable domain so let’s begin welcome to my laptop let’s begin so this is unstoppable domains.com now to start with this website is very basic you just come here and after that you key in the domain name that you want right here and after that click search now i desire just wish to discuss 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 the more pricey it’s going to be so for instance if i was come here and i key in my last name 2 400 uh i believe i’ll pass but anyways let me go on and just include this to haul for demonstration functions we’ll go to the carts which’s it all right 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 actually like i like that it’s versatile i like it’s that it’s not one of those unusual crypto websites where you have to pay in cryptocurrency or you have to purchase unstoppable coin then exchange it or whatever no you can pay with however payment gateway you desire 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 why you ‘d want to go through the procedure and really claim uh your domain addresses due to the fact that one then you in fact own it then two you can do whatever you desire with it if you desire to go offer it on some type of like nft market you can go ahead and do that fine so just like when you purchase 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 very same so this is on there this is you know it’s like a hot wallet i think you know this is you you have not declared it yet so it’s an iou that you own this and so i simply desire to briefly mention at the time of this video that there are a couple of methods to claim your domain name the very first way is that you have to buy a claim with credits cost so that costs uh at this time 40 per domain name and so that’s pays for the gas charges you’re like what are gas fees look this the ethereum network you in fact have to pay uh to move things on and off via gas charges number two is you can pay the gas charges 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 solution that makes it easy to claim however anyways to get begun 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 claim procedure began so now we have to send the code by e-mail 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 simply highlight that ideal click copy paste there we go boom put that in alright great now you’re like whoa what do i do pick wallet for claiming 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 utilize metamask so to get going with metamask is simple meta mask there we go alright so we click on this link then we wish to download it now click that set up metamask for chrome all right and let’s go ahead and add to chrome include extension and there we go all right so now the metamask app is installed on our internet browser so we simply click on get started 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 Solo Mining