Namecoin To Btc Exchange – Starting at $5+

explain topics of the cryptocurrency world…Namecoin To Btc Exchange. utilizing examples stories and examples so that you can quickly comprehend them in this video we are going to be discussing what unstoppable domains is how they might be better than ens and what that indicates for people entering the complex crypto area before we really get to comprehending the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we love utilizing examples so that’s exactly what we’re going to be utilizing to assist you understand dns so dns represents domain service which is an elegant method of saying that it is a practical service which allows us human beings to enter human legible addresses into the search bar and then it will immediately turn them into machine legible addresses so most of you are most likely acquainted with ip addresses and those are exactly how a computer system at one end of the web understands how to talk specifically to another computer somewhere else and not simply shout 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 saying yo where’s google the internet service provider discovers and goes to where google is tells them that you are searching for them and then grabs a plan back to send 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 mathematics and software all of this

communication takes place behind the scenes but to you it’s simple 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 don’t speak in numbers or ip addresses we speak in dot coms dot orgs and internet because it makes good sense to us so that’s basically 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 simply pointed out other than it’s for ethereum ens means ethereum name service and basically lets me inform 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 wish to support the channel feel free to leave a like below it’s complimentary and it rewards all our hard work on this video and the past hundred that we’ve been actually hard at work developing however anyways if you’re not utilized to understanding crypto the alternative to sharing white boards crypto.eth with somebody is i ‘d have to share

Present domain name 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 name you can transfer it to anywhere you desire whatever wallet you want with ease alright so now let’s jump into my laptop and enter into the guide area of the video where i wish to reveal you unstoppable domain names how to get a domain name how to establish a specific wallet so you can attach the domain that you purchased to your wallet and so on so you can actually understand how to properly utilize 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 really simple you just come here and then you key in the domain that you want right here and after that click on search now i desire just want to point out that they do have particular rate points for how many 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 pricey it’s going to be so for example if i was come here and i key in my last name 2 400 uh i think i’ll pass however anyways let me go ahead and simply include this to haul for demonstration purposes we’ll go to the carts which’s it okay and

then you click here checkout and that’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 flexible i like it’s that it’s not one of those odd 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 however payment gateway you wish to use okay and that’s it therefore once 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 why you ‘d want to go through the procedure and in fact declare uh your domain addresses due to the fact that one then you in fact own it then 2 you can do whatever you want with it if you want to go offer it on some type of like nft marketplace 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 instance what it is is simply an iou it’s an iou until you actually move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you understand it resembles a hot wallet i guess you know this is you you haven’t declared 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 ways to declare your domain the first method is that you need to acquire a claim with credits cost so that expenses uh at this time 40 per domain and so that’s spends for the gas fees you resemble what are gas charges look this the ethereum network you in fact need to pay uh to move things on and off via gas fees second is you can pay the gas charges directly from your own wallet so if you already have a wallet established 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 solution that makes it simple to claim however anyways to start is very simple so we go here state if i wish to declare this one make a website.crypto we’ll declare with ethereum right there declare procedure began so now we have to send out the code by e-mail so click that therefore right over here we’ll leap over here and await 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 fine fantastic now you resemble whoa what do i do choose 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 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 start with metamask is simple meta mask there we go all right so we click here then we want to download it now click on that set up metamask for chrome alright 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 browser so we simply click on get started we are new to metamask so here is where you need to establish a wallet a wallet is what you do with your cryptocurrency Namecoin To Btc Exchange