Reddit Namecoin – Starting at $5+

describe topics of the cryptocurrency world…Reddit Namecoin. 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 much better than ens and what that indicates for individuals entering into the complicated crypto space prior to we really get to understanding the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at white boards crypto we enjoy using examples so that’s precisely what we’re going to be utilizing to help you understand dns so dns means domain name service which is an expensive way of saying that it is a helpful service which enables us human beings to key in human legible addresses into the search bar and then it will instantly turn them into device readable addresses so the majority of you are most likely acquainted with ip addresses and those are exactly how a computer at one end of the internet knows how to talk particularly to another computer elsewhere and not just scream it into the void that is the web when you type in google.com and you struck enter your computer 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 looking for them and then grabs a package back to send out to you now the package is then unpacked by your computer system to show you the whole of the google.com home page using complex mathematics and software application all of this

communication occurs behind the scenes but 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 people would be puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and internet due to the fact that 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 pointed out other than it’s for ethereum ens represents ethereum name service and basically 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 don’t 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 really hard at work producing however anyways if you’re not utilized to understanding crypto the alternative to sharing white boards crypto.eth with someone is i ‘d have to share

Present domain name register to launch domain or in order to move it over to this other domain name register etc uh when you have a dot crypto dot zill any kind of blockchain based domain name you can move it to any place you desire whatever wallet you want with ease all right 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 name how to set up a specific wallet so you can connect the domain that you purchased to your wallet etc so you can truly comprehend how to correctly use unstoppable domain names so let’s get started welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get going with this website is really basic you just come here and after that you type in the domain name that you want right here and then click search now i desire simply want to point out that they do have particular rate points for the number of characters are in the domain that you wish 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 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 haul for presentation functions we’ll go to the carts and that’s it all right and

then you click here checkout which’s it therefore you can pay with a credit card paypal crypto or you can pay with the crypto.com app and i actually like i like that it’s versatile i like it’s that it’s not one of those weird crypto sites where you have to pay in cryptocurrency or you need to purchase unstoppable coin then exchange it or whatever no you can pay with however payment gateway you want to utilize alright which’s it therefore once you’re all set then you’ll have your my domain name list in your account therefore we have right down there so i own my name dot crypto and make a website dot crypto and that’s it how to claim your crypto domain address now the reason why you ‘d wish to go through the process and in fact declare uh your domain addresses because one then you actually own it then two you can do whatever you want with it if you want to go offer it on some type of like nft market you can go on and do that fine so much like when you purchase any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is simply an iou it’s an iou up until you actually move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you understand it’s like a hot wallet i guess you understand this is you you have not 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 the first way is that you have to buy a claim with credits cost so that costs uh at this time 40 per domain therefore that’s spends for the gas costs you’re like what are gas fees look this the ethereum network you actually need to pay uh to move things on and off through gas costs number two is you can pay the gas charges directly 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 simply wait until august so then they’ll have a scaling solution that makes it easy to claim however anyways to start is very simple so we go here say if i wish to claim this one make a website.crypto we’ll claim with ethereum right there declare process began so now we need to send out the code by e-mail so click that and so right over here we’ll jump over here and wait on 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 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 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 couple of different wallets that they recommend 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 use metamask so to start with metamask is easy meta mask there we go all right so we click on this link then we want to download it now click on that install metamask for chrome alright and let’s proceed and contribute to chrome include extension and there we go alright so now the metamask app is set up on our browser so we simply click get going we are new to metamask so here is where you need to set up a wallet a wallet is what you do with your cryptocurrency Reddit Namecoin