Namecoin Proof Of Work 2022 – NFT Domains

discuss topics of the cryptocurrency world…Namecoin Proof Of Work. utilizing analogies stories and examples so that you can quickly comprehend them in this video we are going to be describing what unstoppable domains is how they might be better than ens and what that means for individuals entering into the complicated crypto area prior to we in fact get to understanding the power of unstoppable domains the first thing we’ll need to do is comprehend dns here at whiteboard crypto we enjoy using examples so that’s precisely what we’re going to be utilizing to help you understand dns so dns stands for domain name service which is an elegant way of stating that it is a valuable service which permits us humans to enter human readable addresses into the search bar and after that it will immediately turn them into machine understandable addresses so most of you are probably acquainted with ip addresses and those are exactly how a computer system at one end of the internet knows how to talk particularly to another computer system elsewhere and not just shriek it into the abyss that is the web when you enter google.com and you struck enter your computer system sends out a message to your internet service provider saying 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 package back to send to you now the package is then unpacked by your computer to show you the totality of the google.com home page using complex mathematics and software all of this

communication takes place behind the scenes but to you it’s easy and user friendly in fact if we needed to type in 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 nets because it makes good 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 basically the very same thing that i simply discussed except it’s for ethereum ens means ethereum name service and pretty much 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 wish to support the channel feel free to leave a like below it’s totally free and it rewards all our hard work on this video and the past hundred that we have actually been truly hard at work creating but anyways if you’re not utilized to understanding crypto the option to sharing white boards crypto.eth with somebody is i ‘d need to share

Present domain name register to release domain name 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 name you can transfer it to anywhere you want 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 reveal you unstoppable domain names how to get a domain how to set up a specific wallet so you can attach the domain name that you purchased to your wallet and so on so you can actually comprehend how to correctly utilize unstoppable domain so let’s begin welcome to my laptop let’s start so this is unstoppable domains.com now to get started with this site is really easy you simply come here and after that you enter the domain name that you desire right here and after that click search now i want simply wish to point out that they do have particular price 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 the domain name the more costly it’s going to be so for example if i was come here and i type in my surname 2 400 uh i think i’ll pass but anyways let me proceed and simply include this to cart for demonstration purposes we’ll go to the carts which’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 really like i like that it’s flexible i like it’s that it’s not one of those unusual crypto websites where you have to pay in cryptocurrency or you have to buy unstoppable coin then exchange it or whatever no you can pay with nevertheless payment gateway you want to use fine 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 want to go through the process and really declare 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 want to go sell it on some type of like nft marketplace you can go ahead and do that fine so simply like when you purchase 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 understand it’s like a hot wallet i think you understand this is you you haven’t declared 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 ways to claim your domain name the very first method is that you have to buy a claim with credits cost 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 fees look this the ethereum network you actually have to pay uh to move things on and off by means of gas charges number 2 is you can pay the gas fees straight 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 simply wait until august so then they’ll have a scaling option that makes it simple to claim but anyways to get started is very basic so we go here state if i desire to declare this one make a website.crypto we’ll declare with ethereum right there declare process began 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 simply highlight that right click copy paste there we go boom put that in alright fantastic now you’re like whoa what do i do select 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 recommend 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 just going to use metamask so to begin with metamask is simple meta mask there we go alright so we click here then we want to download it now click that set up metamask for chrome all right and let’s proceed and contribute to chrome include extension and there we go all right so now the metamask app is set up on our web browser so we just click start we are new to metamask so here is where you need to establish a wallet a wallet is what you do with your cryptocurrency Namecoin Proof Of Work