Namecoin 2022 – NFT Domains

discuss subjects of the cryptocurrency world…Namecoin. using analogies 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 much better than ens and what that suggests for individuals entering into the complicated crypto area prior to we really 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 utilizing examples so that’s precisely what we’re going to be using to help you understand dns so dns represents domain service which is a fancy method of stating that it is a helpful service which allows us people to key in human legible addresses into the search bar and then it will instantly turn them into maker readable addresses so most of you are most likely acquainted with ip addresses and those are exactly how a computer at one end of the internet knows how to talk specifically to another computer system elsewhere and not simply yell it into the abyss that is the web when you key in google.com and you struck enter your computer system sends 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 searching for them and after that grabs a package back to send out to you now the plan is then unpacked by your computer system to show you the entirety of the google.com home page utilizing complex math and software all of this

communication happens behind the scenes however to you it’s easy and easy to use in fact if we had to type in 8.8.8.8 into the url bar instead of google.com a lot more people would be confused 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 basically 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 same thing that i simply mentioned except it’s for ethereum ens means ethereum name service and practically 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 do not have 20 and you wish to support the channel do not hesitate to leave a like below it’s totally free and it rewards all our effort on this video and the past hundred that we have actually been actually hard at work developing but anyways if you’re not utilized to comprehending crypto the alternative to sharing white boards crypto.eth with somebody is i ‘d need to share

Existing 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 type of blockchain based domain name you can move it to anywhere you desire whatever wallet you want with ease fine so now let’s delve into my laptop and get into the guide section of the video where i want to reveal you unstoppable domain names how to get a domain name how to establish a specific wallet so you can attach the domain name that you purchased to your wallet etc so you can really understand how to appropriately use unstoppable domain so let’s get going welcome to my laptop computer let’s start so this is unstoppable domains.com now to begin with this site is extremely easy you just come here and after that you enter the domain that you desire right here and after that click on search now i want just want to mention that they do have particular cost points for how many characters are in the domain name that you wish to get so something over 8 characters will be 40 the smaller the domain the more costly it’s going to be so for example if i was come here and i key in my surname 2 400 uh i think i’ll pass however anyways let me go on and simply include this to haul for demonstration functions we’ll go to the carts and that’s it all right 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 truly like i like that it’s flexible i like it’s that it’s not one of those weird crypto sites where you have to pay in cryptocurrency or you have to buy unstoppable coin then exchange it or whatever no you can pay with however payment gateway you desire to utilize alright 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 website dot crypto and that’s it how to claim your crypto domain address now the factor why you ‘d want to go through the procedure and in fact declare uh your domain addresses due to the fact that one then you actually own it then 2 you can do whatever you want with it if you desire to go offer it on some type of like nft market you can go ahead and do that okay 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 in fact move the cryptocurrency from coinbase to your own wallet this is the exact same so this is on there this is you know it’s like a hot wallet i think you know this is you you haven’t claimed it yet so it’s an iou that you own this and so i just want to briefly mention at the time of this video that there are a couple of ways to declare your domain name the first method is that you have to acquire a claim with credits cost so that costs uh at this time 40 per domain name and so that’s pays 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 charges number two is you can pay the gas fees directly 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 solution that makes it simple to claim however anyways to get started is very easy so we go here state if i want to claim this one make a website.crypto we’ll claim with ethereum right there declare procedure began so now we have to send out the code by email so click that and so right over here we’ll jump over here and wait for 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 simply highlight that best click copy paste there we go boom put that in okay great now you’re like 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 particularly 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 start 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 install metamask for chrome all right and let’s go ahead and add to chrome add extension and there we go fine so now the metamask app is set up on our browser so we simply click start we are brand-new to metamask so here is where you have to set up a wallet a wallet is what you do with your cryptocurrency Namecoin