Trezor Namecoin – Starting at $5+

explain subjects of the cryptocurrency world…Trezor Namecoin. utilizing analogies stories and examples so that you can easily comprehend them in this video we are going to be describing what unstoppable domains is how they might be much better than ens and what that implies for people entering into the complicated crypto space before we in fact get to understanding the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we enjoy using examples so that’s precisely what we’re going to be utilizing to assist you comprehend dns so dns represents domain service which is an expensive way of saying that it is a practical service which permits us people to key in human legible addresses into the search bar and then it will immediately turn them into maker understandable addresses so most of you are probably knowledgeable about ip addresses and those are precisely how a computer at one end of the internet knows how to talk particularly to another computer system elsewhere and not simply shout 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 discovers and goes to where google is tells them that you are looking for them and then gets a bundle back to send out to you now the package is then unpacked by your computer to show you the entirety of the google.com home page using complicated math and software all of this

communication takes place behind the scenes however to you it’s easy 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 confused right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and internet because it makes 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 essentially the very same thing that i just pointed out other than it’s for ethereum ens stands for ethereum name service and pretty much 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 feel free to leave a like listed below it’s free and it rewards all our hard work on this video and the past hundred that we’ve been actually hard at work creating but anyways if you’re not used to understanding crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d need to share

Present domain register to launch domain name 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 alright so now let’s jump into my laptop and enter into the tutorial area of the video where i wish to reveal you unstoppable domain names how to get a domain how to set up a particular wallet so you can attach the domain that you purchased to your wallet and so on so you can truly understand how to effectively use unstoppable domain so let’s begin welcome to my laptop let’s begin so this is unstoppable domains.com now to begin with this website is very easy you simply come here and then you enter the domain name that you want right here and then click on search now i want simply wish to point out that they do have specific rate points for the number of characters remain in the domain that you want to get so something over 8 characters will be 40 the smaller the domain the more pricey it’s going to be so for instance if i was come here and i enter my surname 2 400 uh i believe i’ll pass but anyways let me go ahead and just add this to cart for presentation purposes we’ll go to the carts and that’s it alright 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 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 have to buy unstoppable coin then exchange it or whatever no you can pay with however payment gateway you desire to utilize alright 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 website dot crypto and that’s it how to claim your crypto domain address now the reason why you ‘d desire to go through the procedure and actually claim uh your domain addresses due to the fact that one then you in fact own it then two you can do whatever you desire with it if you desire to go offer it on some type of like nft marketplace you can go ahead and do that okay so simply like when you buy any type of cryptocurrency from an exchange like uh coinbase for example what it is is just an iou it’s an iou up until you really move the cryptocurrency from coinbase to your own wallet this is the very 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 just want to briefly reference at the time of this video that there are a few ways to declare your domain name the very first way is that you have to purchase a claim with credits charge 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 fees look this the ethereum network you really have to pay uh to move things on and off by means of gas costs 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 till august so then they’ll have a scaling option that makes it easy to claim however anyways to get begun is really simple so we go here state if i want to claim this one make a website.crypto we’ll claim with ethereum right there claim procedure started so now we have to send out 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 ideal click copy paste there we go boom put that in fine great 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 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 utilizing desktop and i like trust wallet for mobile uh with regards to unstoppable domains so we’re just going to utilize metamask so to begin with metamask is easy meta mask there we go alright so we click here then we want to download it now click that install metamask for chrome all right and let’s proceed and add to chrome add extension and there we go fine so now the metamask app is installed on our web browser so we simply click get started we are new to metamask so here is where you have to establish a wallet a wallet is what you do with your cryptocurrency Trezor Namecoin