explain subjects of the cryptocurrency world…Namecoin Wallet For Mining. utilizing analogies 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 people entering the complex crypto space before we really get to comprehending the power of unstoppable domains the first thing we’ll need to do is understand dns here at white boards crypto we love using examples so that’s precisely what we’re going to be utilizing to help you understand dns so dns represents domain name service which is a fancy way of stating that it is an useful service which permits us people to type in human legible addresses into the search bar and after that it will instantly turn them into machine legible addresses so most of you are probably knowledgeable about ip addresses and those are exactly how a computer at one end of the web knows how to talk specifically to another computer elsewhere and not just shout it into the abyss that is the web when you enter google.com and you hit 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 trying to find them and then gets a bundle back to send to you now the bundle is then unpacked by your computer to show you the totality of the google.com web page utilizing complicated math and software all of this
interaction takes place behind the scenes however to you it’s basic and user friendly in fact if we had to key in 8.8.8.8 into the url bar instead of google.com a lot more individuals would be confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and webs since 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 very same thing that i simply pointed out other than it’s for ethereum ens means ethereum name service and practically 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 do not hesitate to leave a like below it’s complimentary and it rewards all our hard work on this video and the past hundred that we have actually been really hard at work developing however anyways if you’re not utilized to understanding crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d have to share
Current domain register to release 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 move it to any place you want whatever wallet you want with ease fine so now let’s jump into my laptop and enter into the tutorial area of the video where i want to show you unstoppable domain how to get a domain how to set up a particular wallet so you can attach the domain that you bought to your wallet and so on so you can truly comprehend how to properly use unstoppable domain so let’s begin welcome to my laptop computer let’s start so this is unstoppable domains.com now to get started with this website is extremely basic you simply come here and then you type in the domain that you desire right here and then click search now i desire just wish to point out that they do have specific rate points for the number of characters remain in the domain that you want to get so something over 8 characters will be 40 the smaller the domain name the more pricey it’s going to be so for example if i was come here and i key in my surname 2 400 uh i believe i’ll pass but anyways let me go on and simply add this to haul for demonstration purposes we’ll go to the carts which’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 odd 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 want to utilize okay and that’s it and so once 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 factor why you ‘d want to go through the process and really claim uh your domain addresses since one then you really own it then two you can do whatever you want with it if you want to go sell it on some type of like nft market you can go ahead and do that alright 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 think you understand this is you you haven’t declared it yet so it’s an iou that you own this and so i just want to briefly mention at the time of this video that there are a couple of ways to claim your domain name the very first way is that you have to buy 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 costs look this the ethereum network you really have to pay uh to move things on and off via gas charges number 2 is you can pay the gas charges straight 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 simply wait until august so then they’ll have a scaling solution that makes it simple to claim however anyways to get begun is very basic 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 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 alright great now you’re like 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 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 using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re just going to use metamask so to begin with metamask is simple meta mask there we go okay so we click on this link then we want to download it now click that set up metamask for chrome fine and let’s go ahead and add to chrome add extension and there we go okay so now the metamask app is set up on our internet browser so we simply click on get going we are new to metamask so here is where you need to set up a wallet a wallet is what you make with your cryptocurrency Namecoin Wallet For Mining