explain subjects of the cryptocurrency world…Namecoin Wallet For Mergemining. using examples stories and examples so that you can quickly understand them in this video we are going to be explaining what unstoppable domains is how they might be better than ens and what that indicates for people getting into the complicated crypto space before we in fact get to understanding the power of unstoppable domains the first thing we’ll require to do is understand dns here at white boards crypto we like using examples so that’s exactly what we’re going to be using to help you comprehend dns so dns means domain service which is a fancy way of stating that it is a valuable service which allows us human beings to enter human readable addresses into the search bar and then it will instantly turn them into device readable addresses so most of you are most likely knowledgeable about ip addresses and those are precisely how a computer at one end of the internet 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 struck 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 looking for them and after that gets a plan back to send to you now the plan is then unpacked by your computer to reveal you the totality of the google.com web page utilizing complicated mathematics and software all of this
communication occurs 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 do not speak in numbers or ip addresses we speak in dot coms dot orgs and nets since it makes good 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 very same thing that i just discussed except it’s for ethereum ens stands for ethereum name service and basically lets me tell you that whiteboardcrypto.eth is my wallet address so you can just type that in and pay me 20 if you desire 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 actually hard at work creating but anyways if you’re not utilized to comprehending crypto the alternative to sharing whiteboard 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 etc uh when you have a dot crypto dot zill any type of blockchain based domain you can move it to any place you desire whatever wallet you want with ease alright so now let’s jump into my laptop and enter the tutorial area of the video where i wish to reveal you unstoppable domain how to get a domain name how to set up a specific wallet so you can attach the domain name that you purchased to your wallet etc so you can really comprehend how to effectively utilize unstoppable domain so let’s get started welcome to my laptop let’s begin so this is unstoppable domains.com now to get going with this website is extremely basic you just come here and then you key in the domain that you desire right here and then click search now i desire simply want to point out 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 costly it’s going to be so for instance if i was come here and i enter my surname 2 400 uh i think i’ll pass but anyways let me go on and simply add this to cart for presentation functions we’ll go to the carts and that’s it okay 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 really like i like that it’s flexible 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 buy unstoppable coin then exchange it or whatever no you can pay with nevertheless payment entrance you desire to utilize alright 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 website dot crypto and that’s it how to claim your crypto domain address now the reason why you ‘d desire to go through the procedure and really declare uh your domain addresses due to the fact that one then you in fact own it then 2 you can do whatever you desire 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 actually move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you understand it’s like a hot wallet i think you understand this is you you haven’t 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 few ways to declare your domain name 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 name and so that’s pays for the gas costs 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 through gas charges number two is you can pay the gas costs straight 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 till august so then they’ll have a scaling option that makes it simple to claim however anyways to get begun is very simple so we go here state if i want to declare this one make a website.crypto we’ll claim with ethereum right there claim process 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 best click copy paste there we go boom put that in all right great now you’re like whoa what do i do select 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 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 just going to utilize metamask so to begin with metamask is easy meta mask there we go okay so we click here then we wish to download it now click that set up metamask for chrome all right and let’s proceed and add to chrome include extension and there we go alright so now the metamask app is set up on our internet browser so we simply click on 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 Wallet For Mergemining