Namecoin Profitability Calculator 2022 – NFT Domains

explain subjects of the cryptocurrency world…Namecoin Profitability Calculator. 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 implies for individuals entering the complex crypto space before we really get to comprehending the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at whiteboard crypto we love using examples so that’s exactly what we’re going to be utilizing to help you comprehend dns so dns means domain name service which is a fancy way of saying that it is a valuable service which permits us humans to key in human understandable addresses into the search bar and then it will automatically turn them into maker legible addresses so most of you are most likely familiar with ip addresses and those are precisely how a computer at one end of the web knows how to talk specifically to another computer elsewhere and not simply yell it into the void that is the web when you type in google.com and you hit enter your computer system 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 plan back to send to you now the package is then unpacked by your computer system to show you the whole of the google.com home page utilizing complex mathematics and software application all of this

interaction happens behind the scenes but to you it’s basic and user friendly 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 good 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 very same thing that i simply discussed except it’s for ethereum ens stands for ethereum name service and practically lets me tell 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 do not hesitate 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 producing but anyways if you’re not utilized to comprehending crypto the alternative to sharing white boards 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 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 want with ease okay so now let’s delve into my laptop and enter the tutorial area of the video where i wish to reveal you unstoppable domain how to get a domain how to set up a specific wallet so you can connect the domain name that you bought to your wallet and so on so you can truly understand how to properly use unstoppable domain so let’s begin welcome to my laptop let’s begin so this is unstoppable domains.com now to get started with this website is very easy you simply come here and then you enter the domain that you desire right here and after that click search now i want simply wish to mention that they do have specific cost points for how many characters remain in the domain that you wish to get so something over 8 characters will be 40 the smaller sized the domain name 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 think i’ll pass but anyways let me go on and just include this to cart for demonstration purposes we’ll go to the carts and that’s it all right 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 truly like i like that it’s flexible i like it’s that it’s not one of those unusual crypto websites where you need to pay in cryptocurrency or you have to buy unstoppable coin then exchange it or whatever no you can pay with nevertheless payment entrance you wish to use fine and that’s it and so when you’re all set then you’ll have your my domain list in your account and so we have right down there so i own my name dot crypto and make a website dot crypto which’s it how to declare your crypto domain address now the reason that you ‘d wish to go through the procedure and really claim uh your domain addresses due to the fact that one then you really own it then 2 you can do whatever you want with it if you wish to go offer it on some kind of like nft market you can go ahead and do that okay so much like when you buy any kind of cryptocurrency from an exchange like uh coinbase for instance what it is is just an iou it’s an iou 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 claimed it yet so it’s an iou that you own this and so i just wish to briefly reference at the time of this video that there are a couple of methods to declare your domain name the very first way is that you have to acquire a claim with credits fee so that expenses uh at this time 40 per domain name and so that’s spends for the gas charges you resemble what are gas costs look this the ethereum network you in fact need to pay uh to move things on and off via gas charges number two is you can pay the gas costs 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 simply wait till august so then they’ll have a scaling solution that makes it simple to claim but anyways to begin is really basic so we go here say if i want to declare this one make a website.crypto we’ll declare with ethereum right there claim process started so now we have to send the code by e-mail so click that and so right over here we’ll jump 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 ideal click copy paste there we go boom put that in all right terrific now you’re like whoa what do i do pick wallet for claiming 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 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 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 easy meta mask there we go okay so we click on this link then we want to download it now click on that install metamask for chrome okay 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 web browser so we simply click on start 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 Namecoin Profitability Calculator