Namecoin Whitepaepr – Starting at $5+

describe subjects of the cryptocurrency world…Namecoin Whitepaepr. utilizing 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 means for individuals getting into the complex crypto space prior to we in fact get to comprehending the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at white boards crypto we love using examples so that’s exactly what we’re going to be utilizing to help you understand dns so dns represents domain service which is an expensive method of saying that it is a handy service which permits us humans to enter human understandable addresses into the search bar and after that it will immediately turn them into machine legible addresses so the majority of you are probably knowledgeable about ip addresses and those are exactly how a computer at one end of the web understands how to talk specifically to another computer elsewhere and not just shout it into the void that is the web when you type in google.com and you hit enter your computer system sends 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 then grabs a bundle back to send to you now the plan is then unpacked by your computer system to show you the entirety of the google.com home page using complicated math and software all of this

interaction takes place 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 individuals would be puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and internet 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 basically the same thing that i just pointed out except it’s for ethereum ens stands for 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 want to support the channel feel free to leave a like listed below it’s totally free and it rewards all our effort on this video and the past hundred that we’ve been really hard at work producing however anyways if you’re not used to understanding crypto the option to sharing whiteboard crypto.eth with someone is i ‘d have to share

Existing domain register to release domain 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 kind of blockchain based domain name you can move it to anywhere you want whatever wallet you desire with ease fine so now let’s jump into my laptop and get into the tutorial section of the video where i want to reveal you unstoppable domain how to get a domain how to establish a particular wallet so you can attach the domain that you purchased to your wallet and so on so you can really understand how to correctly use unstoppable domain names so let’s get going welcome to my laptop computer let’s begin so this is unstoppable domains.com now to start with this website is very simple you simply come here and then you type in the domain name that you want right here and then click on search now i want just wish to point out that they do have particular cost 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 sized the domain the more pricey it’s going to be so for instance if i was come here and i key in my last name 2 400 uh i think i’ll pass however anyways let me go ahead and simply include this to cart for demonstration purposes we’ll go to the carts which’s it fine 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 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 desire to use fine 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 site dot crypto and that’s it how to claim your crypto domain address now the factor why you ‘d want to go through the procedure and actually 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 want to go sell it on some type of like nft market you can go ahead and do that fine so simply like when you purchase 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 understand it’s like a hot wallet i guess you understand this is you you haven’t declared it yet so it’s an iou that you own this and so i simply want to briefly reference 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 buy a claim with credits fee 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 really have to pay uh to move things on and off via gas costs number 2 is you can pay the gas charges 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 just wait till august so then they’ll have a scaling service that makes it simple to claim but anyways to get started is really basic so we go here state if i want to claim this one make a website.crypto we’ll claim with ethereum right there declare 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 best click copy paste there we go boom put that in alright terrific 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 few different wallets that they suggest 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 start with metamask is simple meta mask there we go okay so we click here then we want to download it now click on that set up 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 web browser so we simply click begin we are new to metamask so here is where you need to establish a wallet a wallet is what you finish with your cryptocurrency Namecoin Whitepaepr