Should You Invest In Namecoin – Starting at $5+

explain subjects of the cryptocurrency world…Should You Invest In Namecoin. utilizing examples stories and examples so that you can easily 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 implies for people entering the complicated crypto area before we actually 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 like using examples so that’s exactly what we’re going to be using to help you comprehend dns so dns means domain name service which is an expensive way of stating that it is a valuable service which allows us people to key in human legible addresses into the search bar and after that it will automatically turn them into device understandable addresses so the majority of you are probably acquainted with ip addresses and those are exactly how a computer system at one end of the web knows how to talk specifically to another computer somewhere else and not just scream it into the abyss that is the web when you key in google.com and you hit enter your computer sends 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 searching for them and then grabs a bundle back to send out to you now the plan is then unpacked by your computer system to show you the entirety of the google.com home page utilizing complicated mathematics and software application all of this

interaction takes place behind the scenes but to you it’s basic and easy to use 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 don’t speak in numbers or ip addresses we speak in dot coms dot orgs and webs 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 essentially the exact same thing that i simply discussed except it’s for ethereum ens represents ethereum name service and basically lets me inform 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 complimentary and it rewards all our hard work on this video and the past hundred that we’ve been actually hard at work producing however anyways if you’re not utilized to comprehending crypto the option 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 kind of blockchain based domain name you can transfer it to anywhere you want whatever wallet you desire with ease alright so now let’s jump into my laptop and get into the tutorial section of the video where i wish to reveal you unstoppable domain names how to get a domain name how to establish a particular wallet so you can attach the domain name that you purchased to your wallet etc so you can actually comprehend how to properly utilize 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 site is very basic you just come here and after that you enter the domain that you desire right here and then click on search now i want simply wish to mention that they do have specific cost points for the number of characters are in the domain name that you want to get so something over 8 characters will be 40 the smaller the domain name the more pricey 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 but anyways let me go ahead and simply add this to haul for presentation purposes we’ll go to the carts and that’s it fine and

then you click on here checkout and that’s it therefore 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 versatile i like it’s that it’s not one of those odd crypto sites where you need to pay in cryptocurrency or you need to buy unstoppable coin then exchange it or whatever no you can pay with nevertheless payment entrance you want 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 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 declare your crypto domain address now the reason that you ‘d wish to go through the process and in fact declare uh your domain addresses due to the fact that one then you really own it then 2 you can do whatever you desire with it if you want to go offer it on some kind of like nft marketplace you can proceed and do that okay so similar to 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 until you in fact move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you know it’s like a hot wallet i think you understand this is you you haven’t 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 few ways to declare your domain name the first way is that you need to buy a claim with credits cost so that costs uh at this time 40 per domain and so that’s spends for the gas costs you resemble what are gas costs look this the ethereum network you really have to pay uh to move things on and off by means of gas fees number two is you can pay the gas charges straight from your own wallet so if you already have a wallet established 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 option that makes it simple to claim but anyways to start is very simple so we go here state if i want to claim this one make a website.crypto we’ll declare with ethereum right there declare process began so now we need to send out the code by email 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 best click copy paste there we go boom put that in okay terrific now you resemble 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 specifically for ethereum now there are a few different wallets that they suggest 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 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 get going with metamask is easy meta mask there we go fine so we click on this link then we want to download it now click on that set up metamask for chrome all right and let’s go ahead and contribute to chrome include extension and there we go all right so now the metamask app is set up on our internet browser so we simply click on get going we are brand-new to metamask so here is where you need to establish a wallet a wallet is what you finish with your cryptocurrency Should You Invest In Namecoin