Namecoins Value 2022 – NFT Domains

describe topics of the cryptocurrency world…Namecoins Value. utilizing 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 suggests for people entering the complicated crypto space prior to we actually get to understanding the power of unstoppable domains the first thing we’ll require to do is understand dns here at whiteboard crypto we love 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 an expensive way of stating that it is an useful service which enables us humans to enter human understandable addresses into the search bar and after that it will automatically turn them into device legible addresses so most of you are probably knowledgeable about ip addresses and those are exactly how a computer at one end of the web knows how to talk specifically to another computer system somewhere else and not simply scream it into the void that is the web when you key in google.com and you hit enter your computer 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 trying to find them and after that gets a package back to send to you now the package is then unpacked by your computer to reveal you the totality of the google.com home page utilizing complicated math and software application all of this

interaction takes place behind the scenes however to you it’s easy and easy to use in fact if we needed to key in 8.8.8.8 into the url bar instead of google.com a lot more people would be confused right we don’t speak in numbers or ip addresses we speak in dot coms dot orgs and internet 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 basically the very same thing that i just pointed out other than 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 just 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 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’ve been truly hard at work producing but anyways if you’re not used to comprehending crypto the option to sharing white boards crypto.eth with somebody is i ‘d have to share

Current domain name register to launch domain or in order to move it over to this other domain register and so on uh when you have a dot crypto dot zill any kind of blockchain based domain you can transfer it to any place you desire whatever wallet you desire with ease okay so now let’s delve into my laptop computer and get into the tutorial section of the video where i wish to reveal you unstoppable domain how to get a domain how to set up a particular wallet so you can attach the domain that you purchased to your wallet and so on so you can truly understand how to effectively utilize unstoppable domain so let’s get started welcome to my laptop computer let’s begin so this is unstoppable domains.com now to get started with this website is very basic you just come here and after that you enter the domain name that you desire right here and then click search now i want simply wish to discuss that they do have specific rate points for the number of characters remain in the domain that you wish to get so something over 8 characters will be 40 the smaller the domain the more pricey it’s going to be so for example if i was come here and i key in my last name 2 400 uh i believe i’ll pass but anyways let me go on and just add this to cart for demonstration functions we’ll go to the carts which’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 versatile i like it’s that it’s not one of those odd 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 okay 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 process and in fact claim uh your domain addresses since one then you really 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 marketplace 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 simply an iou it’s an iou up until you in fact 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 guess you understand this is you you haven’t claimed it yet so it’s an iou that you own this and so i simply want to briefly mention at the time of this video that there are a few methods to claim your domain name the first way is that you have to acquire a claim with credits fee so that costs uh at this time 40 per domain name and so that’s pays for the gas fees you’re like what are gas fees look this the ethereum network you in fact have to pay uh to move things on and off by means of gas fees number 2 is you can pay the gas fees directly from your own wallet so if you already 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 but anyways to get begun is very easy so we go here state 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 out the code by email so click that and so right over here we’ll leap 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 alright fantastic now you’re like whoa what do i do choose 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 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 just going to utilize metamask so to start with metamask is easy meta mask there we go alright so we click here then we wish to download it now click that set up metamask for chrome fine 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 internet browser so we simply click start we are new to metamask so here is where you need to set up a wallet a wallet is what you do with your cryptocurrency Namecoins Value