Namecoine – Starting at $5+

discuss subjects of the cryptocurrency world…Namecoine. utilizing analogies stories and examples so that you can easily understand them in this video we are going to be discussing what unstoppable domains is how they might be much better than ens and what that means for individuals entering the complex crypto space prior to we actually get to understanding the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at white boards crypto we enjoy utilizing examples so that’s precisely what we’re going to be utilizing to help you understand dns so dns stands for domain name service which is an expensive method of stating that it is a helpful service which enables us people to key in human legible addresses into the search bar and after that it will automatically turn them into device readable addresses so most of you are probably familiar with ip addresses and those are exactly how a computer system at one end of the internet knows how to talk particularly to another computer system elsewhere and not simply scream it into the abyss that is the web when you type in 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 trying to find them and then grabs a bundle back to send out to you now the package is then unpacked by your computer system to reveal you the totality of the google.com home page utilizing complicated mathematics and software all of this

interaction takes place behind the scenes however to you it’s simple and easy to use in fact if we needed to type in 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 because it makes sense to us so that’s basically 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 basically the very same thing that i just mentioned except it’s for ethereum ens stands for ethereum name service and pretty much lets me tell you that whiteboardcrypto.eth is my wallet address so you can merely 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 totally free and it rewards all our hard work on this video and the past hundred that we’ve been truly hard at work developing but anyways if you’re not used to understanding crypto the alternative to sharing white boards crypto.eth with someone is i ‘d have to share

Current domain register to release domain 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 transfer it to any place you want whatever wallet you want with ease all right so now let’s delve into my laptop computer and enter the tutorial section of the video where i want to show you unstoppable domain names how to get a domain name how to establish a particular wallet so you can connect the domain that you purchased to your wallet etc so you can actually comprehend how to appropriately use unstoppable domain names so let’s begin welcome to my laptop computer let’s start so this is unstoppable domains.com now to get started with this site is really easy you just come here and then you enter the domain name that you desire right here and after that click on search now i desire simply wish to mention that they do have particular cost points for how many characters remain in the domain that you want 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 example if i was come here and i type in my surname 2 400 uh i believe i’ll pass however anyways let me proceed and simply include this to haul for demonstration functions 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 really like i like that it’s flexible i like it’s that it’s not one of those unusual 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 all right 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 declare your crypto domain address now the factor why you ‘d desire to go through the process and actually claim 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 want to go offer 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 in fact 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 haven’t declared it yet so it’s an iou that you own this and so i simply want to briefly mention at the time of this video that there are a few methods to claim your domain name the very first way is that you have to acquire a claim with credits cost 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 really have to pay uh to move things on and off through gas charges number 2 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 just wait up until august so then they’ll have a scaling service that makes it easy to claim but anyways to get begun 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 procedure 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 hit 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 ideal click copy paste there we go boom put that in okay fantastic now you’re like whoa what do i do pick wallet for declaring 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 various 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 just going to use metamask so to begin with metamask is simple meta mask there we go all right so we click on this link then we want to download it now click that install metamask for chrome okay and let’s go ahead and contribute to chrome add extension and there we go all right so now the metamask app is installed on our browser so we just click begin we are new to metamask so here is where you need to establish a wallet a wallet is what you do with your cryptocurrency Namecoine