describe subjects of the cryptocurrency world…What Is My Namecoin Wallet Adress. using analogies stories and examples so that you can easily comprehend them in this video we are going to be explaining what unstoppable domains is how they might be better than ens and what that means for people getting into the complicated crypto space prior to we really get to comprehending the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at whiteboard crypto we like utilizing examples so that’s exactly what we’re going to be using to help you understand dns so dns represents domain service which is a fancy way of stating that it is a helpful service which allows us humans to type in human readable addresses into the search bar and then it will immediately turn them into machine understandable 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 internet understands how to talk particularly to another computer system elsewhere and not just shout it into the void that is the web when you enter google.com and you hit enter your computer sends a message to your internet service provider stating yo where’s google the internet service provider finds out and goes to where google is tells them that you are searching for them and after that gets a plan back to send to you now the package is then unpacked by your computer system to reveal you the whole of the google.com home page utilizing complicated math and software application all of this
interaction happens behind the scenes however to you it’s simple 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 puzzled right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and webs because it makes sense to us so that’s essentially what a dns is a translator for people to speak machine code next up let’s see how this works for crypto ens is essentially the same thing that i simply pointed out except 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 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 below it’s complimentary and it rewards all our effort on this video and the past hundred that we have actually been actually hard at work developing but anyways if you’re not used to comprehending crypto the option to sharing whiteboard crypto.eth with someone is i ‘d have to share
Existing domain name 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 wherever you want whatever wallet you want with ease all right so now let’s jump into my laptop computer and get into the guide section 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 purchased to your wallet and so on so you can truly comprehend how to properly utilize unstoppable domain names so let’s begin welcome to my laptop computer let’s start so this is unstoppable domains.com now to begin with this site is very easy you simply come here and after that you type in the domain that you desire right here and then click on search now i want simply want to point out 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 sized the domain the more expensive it’s going to be so for example if i was come here and i key in my last name 2 400 uh i believe i’ll pass however anyways let me proceed and simply include 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 want 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 reason why you ‘d desire to go through the process and really declare uh your domain addresses because one then you really 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 ahead and do that okay so just like when you buy any type of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou till 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 think you know 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 couple of methods to claim your domain name the first way is that you have to purchase a claim with credits fee so that expenses uh at this time 40 per domain name and so that’s pays for the gas charges you’re like 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 costs number 2 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 option that makes it simple to claim but anyways to get started is extremely easy so we go here say if i desire to claim this one make a website.crypto we’ll claim with ethereum right there claim procedure started so now we have to send 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 simply highlight that best click copy paste there we go boom put that in alright fantastic 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 specifically for ethereum now there are a couple of different 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 get start 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 alright and let’s go on and contribute to chrome add extension and there we go all right so now the metamask app is set up on our internet browser so we simply click get started we are new to metamask so here is where you have to set up a wallet a wallet is what you finish with your cryptocurrency What Is My Namecoin Wallet Adress