Namecoin Wallet Android 2022 – NFT Domains

explain subjects of the cryptocurrency world…Namecoin Wallet Android. using examples stories and examples so that you can easily comprehend them in this video we are going to be discussing what unstoppable domains is how they might be much better than ens and what that implies for people entering into the complex crypto space prior to we actually get to comprehending the power of unstoppable domains the first thing we’ll require to do is understand dns here at white boards crypto we enjoy using examples so that’s precisely what we’re going to be using to assist you comprehend dns so dns stands for domain name service which is a fancy way of saying that it is a handy service which permits us people to type in human legible addresses into the search bar and after that it will immediately turn them into machine legible addresses so the majority of you are most likely knowledgeable about ip addresses and those are precisely how a computer at one end of the internet understands how to talk specifically to another computer somewhere else and not just scream it into the void that is the web when you type in 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 trying to find them and then grabs a bundle back to send out to you now the bundle is then unpacked by your computer to reveal you the whole of the google.com web page utilizing complex math and software application all of this

interaction occurs behind the scenes however to you it’s basic and easy to use in fact if we had to enter 8.8.8.8 into the url bar instead of google.com a lot more people would be puzzled right we do not speak in numbers or ip addresses we speak in dot coms dot orgs and webs due to the fact that 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 essentially the very same thing that i just mentioned except it’s for ethereum ens represents 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 want by the way if you don’t have 20 and you want to support the channel do not hesitate to leave a like listed below it’s totally free and it rewards all our effort on this video and the past hundred that we’ve been truly hard at work producing however anyways if you’re not utilized to understanding crypto the alternative to sharing whiteboard crypto.eth with someone 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 etc uh when you have a dot crypto dot zill any kind of blockchain based domain name you can transfer it to anywhere you desire whatever wallet you desire with ease all right so now let’s jump into my laptop computer and enter into the guide area of the video where i wish to reveal you unstoppable domain how to get a domain name how to establish a particular wallet so you can attach the domain that you bought to your wallet etc so you can really understand how to effectively use unstoppable domain so let’s start 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 enter the domain that you desire right here and after that click search now i want just wish 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 the domain name the more expensive it’s going to be so for example if i was come here and i enter my last name 2 400 uh i think i’ll pass however anyways let me proceed and just include this to cart for demonstration functions we’ll go to the carts and that’s it all right and

then you click 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 odd crypto sites where you have to pay in cryptocurrency or you have to purchase unstoppable coin then exchange it or whatever no you can pay with nevertheless payment entrance you wish to use okay and that’s it and so once 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 you ‘d wish to go through the procedure and actually declare uh your domain addresses since one then you in fact own it then 2 you can do whatever you want with it if you wish to go sell it on some type of like nft market you can go ahead and do that all right so much like when you purchase any kind of cryptocurrency from an exchange like uh coinbase for example what it is is simply an iou it’s an iou 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 understand this is you you have not 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 way is that you have to purchase a claim with credits charge so that costs uh at this time 40 per domain and so that’s spends for the gas costs you’re like what are gas costs look this the ethereum network you in fact have to pay uh to move things on and off by means of gas costs second is you can pay the gas charges 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 easy to claim but anyways to begin is extremely basic so we go here state if i wish to claim this one make a website.crypto we’ll claim with ethereum right there declare procedure began so now we have to send the code by email so click that therefore right over here we’ll leap over here and wait on 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 ideal click copy paste there we go boom put that in alright 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

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 start with metamask is simple meta mask there we go okay so we click on this link then we wish to download it now click on that install metamask for chrome all right and let’s proceed and add to chrome include extension and there we go all right so now the metamask app is installed on our web browser so we just click get going we are brand-new to metamask so here is where you need to establish a wallet a wallet is what you do with your cryptocurrency Namecoin Wallet Android