explain topics of the cryptocurrency world…Namecoin Wallet Online. utilizing analogies stories and examples so that you can easily understand 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 means for individuals getting into the complex crypto area prior to we in fact get to understanding the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we enjoy utilizing examples so that’s precisely what we’re going to be using to help you comprehend dns so dns represents domain name service which is an expensive way of stating that it is an useful service which permits us humans to type in human understandable addresses into the search bar and after that it will instantly turn them into device understandable addresses so most of you are probably familiar with ip addresses and those are precisely how a computer system at one end of the web understands how to talk specifically to another computer system somewhere else and not simply 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 saying yo where’s google the internet service provider finds out and goes to where google is tells them that you are searching for them and after that gets a plan back to send out to you now the plan is then unpacked by your computer to reveal you the entirety of the google.com home page utilizing complex 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 enter 8.8.8.8 into the url bar instead of google.com a lot more people would be confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and webs because it makes sense to us so that’s basically what a dns is a translator for humans to speak machine code next up let’s see how this works for crypto ens is basically the same thing that i simply mentioned other than 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 want to support the channel do not hesitate to leave a like below it’s totally free and it rewards all our effort on this video and the past hundred that we have actually been truly hard at work creating but anyways if you’re not utilized to comprehending crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d need to share
Existing 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 kind of blockchain based domain 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 into the guide area of the video where i want to reveal you unstoppable domain names how to get a domain how to establish a particular wallet so you can connect the domain name that you bought to your wallet etc so you can truly comprehend how to appropriately utilize unstoppable domain names so let’s start welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get going with this site is extremely basic you simply come here and after that you key in the domain that you want right here and then click on search now i desire simply wish to point out that they do have particular rate points for how many characters are in the domain name that you wish to get so something over 8 characters will be 40 the smaller sized the domain name the more expensive it’s going to be so for instance if i was come here and i type in my last name 2 400 uh i think i’ll pass but anyways let me go on and just add this to cart for presentation functions we’ll go to the carts which’s it alright 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 unusual 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 however payment entrance you want to utilize all right 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 site dot crypto and that’s it how to claim your crypto domain address now the factor why you ‘d desire to go through the process and actually declare uh your domain addresses due to the fact that one then you really 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 marketplace you can go ahead and do that fine so simply 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 in fact move the cryptocurrency from coinbase to your own wallet this is the very 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 just want to briefly mention at the time of this video that there are a couple of ways to declare your domain name the very first method is that you have to acquire a claim with credits charge so that expenses uh at this time 40 per domain name and so that’s pays for the gas charges 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 via gas charges number two is you can pay the gas charges 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 simply wait until august so then they’ll have a scaling option that makes it simple to claim but anyways to get started is very basic so we go here state if i desire to claim this one make a website.crypto we’ll claim with ethereum right there declare process started so now we have to send out the code by e-mail 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 just 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 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 few different wallets that they advise 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 using 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 easy meta mask there we go okay so we click on this link then we wish to download it now click that set up metamask for chrome fine and let’s go ahead and contribute to chrome include extension and there we go fine so now the metamask app is installed on our internet browser so we just click get started we are brand-new to metamask so here is where you need to set up a wallet a wallet is what you do with your cryptocurrency Namecoin Wallet Online