Namecoin To Dollar – Starting at $5+

discuss topics of the cryptocurrency world…Namecoin To Dollar. using analogies stories and examples so that you can quickly understand them in this video we are going to be discussing what unstoppable domains is how they might be much better than ens and what that suggests for people entering into the complicated crypto space prior to we actually get to comprehending the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at white boards crypto we enjoy using examples so that’s exactly what we’re going to be utilizing to assist you understand dns so dns means domain name service which is an elegant method of saying that it is a valuable service which enables us human beings to key in human readable addresses into the search bar and then it will instantly turn them into machine understandable addresses so most of you are probably knowledgeable about ip addresses and those are precisely how a computer system at one end of the web understands how to talk particularly to another computer system somewhere else and not just 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 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 after that grabs a plan back to send out to you now the bundle is then unpacked by your computer to show you the entirety of the google.com home page utilizing complex mathematics and software application all of this

interaction occurs behind the scenes but to you it’s simple and user friendly 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 do not speak in numbers or ip addresses we speak in dot coms dot orgs and nets because 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 essentially the exact same thing that i simply pointed out other than it’s for ethereum ens stands for ethereum name service and pretty much lets me inform you that whiteboardcrypto.eth is my wallet address so you can simply 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 listed below it’s free and it rewards all our hard work on this video and the past hundred that we’ve been actually hard at work producing 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

Existing domain name register to release domain name or in order to move it over to this other domain register etc uh when you have a dot crypto dot zill any kind of blockchain based domain name you can transfer it to anywhere you want whatever wallet you desire with ease okay so now let’s delve 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 establish a particular wallet so you can attach the domain name that you purchased to your wallet and so on so you can truly understand how to correctly use unstoppable domain names so let’s get going welcome to my laptop computer let’s start so this is unstoppable domains.com now to get going with this website is extremely easy you just come here and then you type in the domain that you desire right here and after that click search now i desire just want to mention that they do have specific cost 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 the domain the more expensive it’s going to be so for example if i was come here and i type in my last name 2 400 uh i think i’ll pass but anyways let me proceed and just add this to haul for presentation 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 truly like i like that it’s versatile i like it’s that it’s not one of those weird crypto sites 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 entrance you want to use all right 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 website 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 actually declare uh your domain addresses since one then you actually own it then 2 you can do whatever you want with it if you desire to go sell it on some type of like nft market you can go ahead and do that all right so simply like when you buy any type of cryptocurrency from an exchange like uh coinbase for example what it is is just an iou it’s an iou till 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 guess 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 reference at the time of this video that there are a couple of methods to declare your domain name the first way is that you have to purchase a claim with credits charge so that costs uh at this time 40 per domain name and so that’s pays for the gas fees you’re like what are gas charges look this the ethereum network you in fact have to pay uh to move things on and off by means of gas costs number 2 is you can pay the gas fees directly 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 until august so then they’ll have a scaling solution that makes it simple to claim however anyways to get begun is really simple so we go here state if i want to claim this one make a website.crypto we’ll claim with ethereum right there claim procedure started so now we have to send 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 simply highlight that right click copy paste there we go boom put that in all right excellent 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 particularly for ethereum now there are a couple of different wallets that they advise 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 utilizing 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 okay so we click on this link then we wish to download it now click that install metamask for chrome all right and let’s go ahead and add to chrome include extension and there we go okay so now the metamask app is installed on our internet browser so we just click on begin we are new to metamask so here is where you have to set up a wallet a wallet is what you finish with your cryptocurrency Namecoin To Dollar