Namecoin – Starting at $5+

discuss topics of the cryptocurrency world…Namecoin. using analogies stories and examples so that you can quickly understand them in this video we are going to be describing what unstoppable domains is how they might be better than ens and what that indicates for people entering the complicated crypto area prior to we actually get to understanding the power of unstoppable domains the first thing we’ll need to do is understand dns here at white boards crypto we like using examples so that’s precisely what we’re going to be using to assist you comprehend dns so dns represents domain service which is a fancy way of saying that it is a handy service which allows us people to type in human readable addresses into the search bar and then it will automatically turn them into device understandable addresses so most of you are most likely acquainted with ip addresses and those are precisely how a computer system at one end of the internet understands how to talk particularly to another computer system somewhere else and not simply yell it into the void 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 learns and goes to where google is tells them that you are looking for them and after that gets a bundle back to send to you now the bundle is then unpacked by your computer system to reveal you the whole of the google.com web page using complex math and software application all of this

communication happens behind the scenes but to you it’s easy 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 people would be confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and internet due to the fact that it makes good sense to us so that’s basically what a dns is a translator for people to speak machine code next up let’s see how this works for crypto ens is basically the same thing that i just mentioned except 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 do not have 20 and you want to support the channel do not hesitate to leave a like below it’s free and it rewards all our effort on this video and the past hundred that we have actually been actually hard at work creating however anyways if you’re not utilized to comprehending crypto the alternative to sharing whiteboard crypto.eth with someone is i ‘d need to share

Present domain name 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 type of blockchain based domain you can transfer it to any place you want whatever wallet you desire with ease okay so now let’s jump into my laptop and get into the guide section of the video where i wish to show you unstoppable domain how to get a domain how to establish a particular wallet so you can connect the domain that you purchased to your wallet etc so you can really understand how to effectively use unstoppable domain so let’s start welcome to my laptop computer let’s begin so this is unstoppable domains.com now to start with this website is very basic you simply come here and then you enter the domain that you want right here and then click on search now i want simply wish to mention that they do have specific price points for how many characters remain in the domain name that you want to get so something over 8 characters will be 40 the smaller sized the domain name the more costly 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 proceed and just include this to cart for demonstration functions we’ll go to the carts and that’s it all right 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 odd crypto sites where you have to pay in cryptocurrency or you have to purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment entrance you desire to use 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 declare your crypto domain address now the reason why you ‘d want to go through the process and actually declare uh your domain addresses due to the fact that one then you actually own it then 2 you can do whatever you desire with it if you desire to go offer it on some type of like nft market you can go ahead and do that okay so simply like when you purchase any type of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou up until 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 guess you know this is you you have not claimed 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 methods to declare your domain name the first way is that you have to acquire a claim with credits fee so that costs 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 through gas charges number 2 is you can pay the gas fees 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 just wait until august so then they’ll have a scaling service that makes it simple to claim however anyways to get begun is very easy so we go here say 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 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 hit 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 right click copy paste there we go boom put that in fine fantastic now you’re like whoa what do i do pick 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 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 using desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re simply going to use metamask so to get start with metamask is simple meta mask there we go all right so we click on this link then we wish to download it now click on that set up metamask for chrome alright and let’s go ahead and add to chrome add extension and there we go okay so now the metamask app is installed on our browser so we simply click start 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