Namecoin-qt Does Balance Show 0 Until Sync? 2022 – NFT Domains

describe subjects of the cryptocurrency world…Namecoin-qt Does Balance Show 0 Until Sync?. using examples stories and examples so that you can easily understand them in this video we are going to be discussing what unstoppable domains is how they might be better than ens and what that implies for individuals entering into the complex crypto area before we really get to comprehending the power of unstoppable domains the first thing we’ll need to do is understand dns here at whiteboard crypto we love using examples so that’s precisely what we’re going to be using to assist you understand dns so dns represents domain name service which is a fancy way of stating that it is a practical service which allows us people to key in human understandable addresses into the search bar and then it will immediately turn them into device legible addresses so the majority of you are probably familiar with ip addresses and those are precisely how a computer system at one end of the web understands how to talk specifically to another computer system somewhere else and not simply shriek it into the abyss that is the web when you type in google.com and you hit enter your computer system sends out a message to your internet service provider saying yo where’s google the internet service provider learns and goes to where google is tells them that you are looking for them and after that gets a package back to send out to you now the bundle is then unpacked by your computer system to reveal you the totality of the google.com home page using complex mathematics and software all of this

interaction occurs behind the scenes but 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 individuals would be puzzled right we do not 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 human beings to speak machine code next up let’s see how this works for crypto ens is essentially the same thing that i simply mentioned except it’s for ethereum ens means ethereum name service and basically lets me tell 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 below it’s totally 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 but anyways if you’re not utilized to comprehending crypto the option to sharing white boards crypto.eth with somebody is i ‘d have to share

Present domain name register to launch domain or in order to move it over to this other domain name register etc uh when you have a dot crypto dot zill any type of blockchain based domain name you can transfer it to any place you desire whatever wallet you want with ease all right so now let’s jump into my laptop and get into 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 particular wallet so you can attach the domain name that you bought to your wallet etc so you can actually comprehend how to properly use unstoppable domain so let’s get going welcome to my laptop computer let’s start so this is unstoppable domains.com now to start with this site is really simple you simply come here and then you type in the domain that you want right here and then click on search now i want just want to discuss 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 sized the domain name the more costly it’s going to be so for example if i was come here and i key in my last name 2 400 uh i think i’ll pass but anyways let me go on and just include this to haul for demonstration purposes we’ll go to the carts which’s it alright 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 actually like i like that it’s versatile i like it’s that it’s not one of those weird crypto websites where you need 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 want to utilize alright and that’s it therefore as soon as 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 website dot crypto which’s it how to claim your crypto domain address now the reason why you ‘d wish to go through the procedure and in fact declare uh your domain addresses due to the fact that one then you really own it then two you can do whatever you want with it if you wish to go sell it on some type of like nft market you can proceed and do that fine so similar to when you buy any type of cryptocurrency from an exchange like uh coinbase for instance what it is is simply an iou it’s an iou up until you really move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you know it resembles a hot wallet i guess you know 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 mention at the time of this video that there are a few methods to claim your domain name the very first method is that you have to buy a claim with credits charge so that costs uh at this time 40 per domain therefore that’s spends for the gas charges you’re like what are gas costs look this the ethereum network you actually have to pay uh to move things on and off by means of gas costs second 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 up until august so then they’ll have a scaling solution that makes it simple to claim but anyways to get going is extremely basic so we go here say if i wish to declare this one make a website.crypto we’ll claim with ethereum right there declare procedure started so now we need to send the code by e-mail so click that therefore right over here we’ll leap over here and await 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 okay great now you resemble 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 various 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 utilizing 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 going with metamask is easy meta mask there we go alright so we click on this link then we want to download it now click that set up metamask for chrome all right and let’s proceed and contribute to chrome add extension and there we go okay so now the metamask app is installed on our browser so we simply click on get going 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 Namecoin-qt Does Balance Show 0 Until Sync?