Value Of Namecoin – Starting at $5+

explain topics of the cryptocurrency world…Value Of Namecoin. using examples stories and examples so that you can easily comprehend 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 suggests for individuals entering the complex crypto area before we in fact get to comprehending the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at white boards crypto we like utilizing examples so that’s exactly what we’re going to be using to help you understand dns so dns stands for domain name service which is an elegant method of stating that it is an useful service which permits us human beings to key in human understandable addresses into the search bar and after that it will automatically turn them into maker legible addresses so the majority of you are probably knowledgeable about ip addresses and those are precisely how a computer system at one end of the web understands how to talk particularly to another computer system somewhere else and not just shout it into the void that is the web when you type in google.com and you struck enter your computer sends a message to your internet service provider stating yo where’s google the internet service provider learns and goes to where google is tells them that you are searching for them and after that grabs 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 web page using complex math and software all of this

communication occurs behind the scenes but to you it’s easy and easy to use in fact if we needed to enter 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 internet because it makes good sense to us so that’s basically what a dns is a translator for humans to speak machine code next up let’s see how this works for crypto ens is basically the exact same thing that i just discussed other than 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 wish 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 have actually been actually hard at work producing however anyways if you’re not used to comprehending crypto the alternative to sharing white boards crypto.eth with somebody is i ‘d need to share

Current domain register to launch domain name 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 you can transfer it to anywhere you desire whatever wallet you desire with ease okay so now let’s delve into my laptop computer and enter the guide area of the video where i wish to show you unstoppable domain how to get a domain how to set up a particular wallet so you can attach the domain that you bought to your wallet etc so you can truly understand how to correctly utilize unstoppable domain names so let’s start welcome to my laptop let’s start so this is unstoppable domains.com now to get going with this website is very easy you simply come here and after that you enter the domain that you want right here and then click on search now i desire just want to mention that they do have particular rate points for how many characters remain in the domain that you wish 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 type in my surname 2 400 uh i believe i’ll pass but anyways let me go ahead and just add this to haul for presentation purposes 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 strange 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 utilize okay 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 want to go through the process and actually claim uh your domain addresses because one then you really own it then 2 you can do whatever you want with it if you desire to go offer it on some type of like nft market you can go ahead and do that alright 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 actually 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 guess you understand this is you you have not declared it yet so it’s an iou that you own this and so i simply desire to briefly mention at the time of this video that there are a few methods to declare your domain name the very first way is that you have to purchase a claim with credits cost so that expenses uh at this time 40 per domain name and so that’s pays for the gas costs you’re like what are gas charges look this the ethereum network you actually have to pay uh to move things on and off via gas charges number two is you can pay the gas costs straight 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 just wait till august so then they’ll have a scaling solution that makes it simple to claim however anyways to get begun is very basic so we go here say if i want to claim this one make a website.crypto we’ll declare with ethereum right there declare process started so now we have to send out the code by e-mail so click that and so right over here we’ll leap 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 best click copy paste there we go boom put that in all right fantastic now you’re like whoa what do i do choose 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 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 start with metamask is easy meta mask there we go okay so we click here then we wish to download it now click on that install metamask for chrome all right and let’s go on and add to chrome include extension and there we go fine so now the metamask app is installed on our browser so we simply click on get going we are brand-new to metamask so here is where you have to establish a wallet a wallet is what you make with your cryptocurrency Value Of Namecoin