Kraken Namecoin 2022 – NFT Domains

explain subjects of the cryptocurrency world…Kraken Namecoin. utilizing examples 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 indicates for individuals getting into the complex crypto space prior to we actually 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 utilizing examples so that’s exactly what we’re going to be utilizing to assist you understand dns so dns means domain service which is an expensive method of stating that it is a helpful service which allows us people to type in human legible addresses into the search bar and then it will automatically turn them into maker readable addresses so the majority of you are most likely 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 system somewhere else and not just shriek it into the void that is the web when you key in google.com and you hit enter your computer sends out a message to your internet service provider stating yo where’s google the internet service provider discovers and goes to where google is tells them that you are searching for them and then grabs a plan back to send out to you now the bundle is then unpacked by your computer to show you the totality of the google.com home page utilizing complex math and software all of this

interaction happens behind the scenes however 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 individuals would be puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and internet due to the fact that it makes good sense to us so that’s basically 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 exact same thing that i simply pointed out other than it’s for ethereum ens means ethereum name service and basically lets me inform you that whiteboardcrypto.eth is my wallet address so you can simply 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 free and it rewards all our hard work on this video and the past hundred that we’ve been truly hard at work developing however anyways if you’re not used to comprehending crypto the alternative to sharing whiteboard crypto.eth with somebody is i ‘d need to share

Current domain register to release domain name or in order to move it over to this other domain register and so on uh when you have a dot crypto dot zill any kind of blockchain based domain name you can move it to wherever you want whatever wallet you desire with ease alright so now let’s delve into my laptop computer and enter the tutorial area 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 bought to your wallet and so on so you can actually understand how to appropriately utilize unstoppable domain names so let’s get started welcome to my laptop let’s begin so this is unstoppable domains.com now to get started with this website is very simple you just come here and then you key in the domain that you want right here and after that click on search now i desire just want to point out that they do have specific cost 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 the more expensive it’s going to be so for instance if i was come here and i type in my last name 2 400 uh i think i’ll pass but anyways let me go on and simply add this to haul for demonstration functions we’ll go to the carts which’s it fine and

then you click on here checkout which’s it therefore you can pay with a charge 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 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 entrance you want to use all right and that’s it and so once you’re all set then you’ll have your my domain list in your account therefore we have right down there so i own my name dot crypto and make a site dot crypto which’s it how to declare your crypto domain address now the reason why you ‘d wish to go through the procedure and in fact declare uh your domain addresses because one then you in fact own it then two you can do whatever you desire with it if you wish to go offer it on some type of like nft market you can go on and do that okay so similar to when you buy any kind 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 understand it’s like a hot wallet i think you know this is you you haven’t declared it yet so it’s an iou that you own this therefore i just wish to briefly reference at the time of this video that there are a few methods to claim 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 pays for the gas fees you’re like what are gas charges look this the ethereum network you actually have to pay uh to move things on and off by means of gas charges second is you can pay the gas fees directly from your own wallet so if you currently have a wallet established 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 easy to claim however anyways to get started is very basic so we go here state if i want to declare this one make a website.crypto we’ll claim with ethereum right there claim process started so now we need to send out the code by e-mail so click that therefore right over here we’ll jump over here and await 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 just highlight that ideal click copy paste there we go boom put that in okay terrific now you’re like whoa what do i do choose wallet for claiming 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 various 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 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 begin with metamask is simple meta mask there we go alright so we click here then we wish to download it now click on that install metamask for chrome fine and let’s go on and contribute to chrome include extension and there we go fine so now the metamask app is installed on our internet 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 finish with your cryptocurrency Kraken Namecoin