Namecoin To Usd – Starting at $5+

explain subjects of the cryptocurrency world…Namecoin To Usd. utilizing examples stories and examples so that you can easily 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 indicates for individuals entering into the complex crypto space before we really get to comprehending the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at whiteboard crypto we love using examples so that’s exactly what we’re going to be utilizing to assist you understand dns so dns stands for domain name service which is an elegant way of saying that it is a valuable service which allows us human beings to type in human legible addresses into the search bar and after that it will automatically turn them into device understandable addresses so the majority of you are probably 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 system elsewhere and not just shriek it into the void that is the web when you key in google.com and you hit 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 trying to find them and after that gets a bundle back to send to you now the plan is then unpacked by your computer to reveal you the entirety of the google.com web page utilizing complex math and software all of this

interaction happens behind the scenes however to you it’s easy and user friendly in fact if we needed 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 webs due to the fact that it makes sense to us so that’s basically 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 very same thing that i just pointed out other than it’s for ethereum ens means ethereum name service and pretty much 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 do not have 20 and you wish to support the channel feel free 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 have actually been really hard at work producing 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

Current domain register to launch domain name or in order to move it over to this other domain name register and so on 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 want with ease all right so now let’s delve into my laptop and enter into the guide section of the video where i wish to show you unstoppable domain how to get a domain how to establish a specific wallet so you can attach the domain name that you purchased to your wallet etc so you can actually understand how to correctly utilize unstoppable domain names so let’s get going welcome to my laptop let’s begin so this is unstoppable domains.com now to start with this website is extremely simple 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 want to mention that they do have particular price points for how many characters remain in the domain name that you wish to get so something over 8 characters will be 40 the smaller the domain the more costly it’s going to be so for example if i was come here and i type in my surname 2 400 uh i think i’ll pass but anyways let me proceed and simply add this to haul for demonstration functions we’ll go to the carts and that’s it alright and

then you click on here checkout and that’s it therefore you can pay with a charge 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 weird crypto websites where you need to pay in cryptocurrency or you have to buy unstoppable coin then exchange it or whatever no you can pay with however payment entrance you wish to utilize okay and that’s it therefore as soon as you’re all set then you’ll have your my domain name list in your account therefore we have right down there so i own my name dot crypto and make a website dot crypto and that’s it how to claim your crypto domain address now the reason why you ‘d wish to go through the procedure and actually claim uh your domain addresses due to the fact that one then you actually own it then two you can do whatever you desire with it if you want to go sell it on some kind of like nft marketplace you can go on and do that fine so much like when you buy 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 same so this is on there this is you know it resembles 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 simply want to briefly reference at the time of this video that there are a couple of ways to declare your domain the very first way is that you have to buy a claim with credits fee so that costs uh at this time 40 per domain therefore that’s pays for the gas charges you’re like what are gas charges look this the ethereum network you in fact need to pay uh to move things on and off via gas charges number two is you can pay the gas costs straight 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 up until august so then they’ll have a scaling solution that makes it easy to claim however anyways to get going is very simple so we go here say if i want to declare this one make a website.crypto we’ll claim with ethereum right there claim procedure started so now we have to send out the code by email 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 just highlight that ideal click copy paste there we go boom put that in alright great now you resemble 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 few different 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 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 begin with metamask is simple meta mask there we go all right so we click on this link then we want to download it now click that install metamask for chrome okay and let’s proceed and contribute to chrome add extension and there we go alright so now the metamask app is installed on our internet browser so we simply click get going we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you make with your cryptocurrency Namecoin To Usd