What Is Namecoin Coin 2022 – NFT Domains

describe subjects of the cryptocurrency world…What Is Namecoin Coin. using 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 much better than ens and what that implies for people getting into the complicated crypto space prior to we in fact get to understanding the power of unstoppable domains the first thing we’ll require to do is comprehend dns here at white boards crypto we like utilizing examples so that’s precisely what we’re going to be using to help you understand dns so dns stands for domain name service which is a fancy way of stating that it is an useful service which enables us people to type in human legible addresses into the search bar and after that it will automatically turn them into device readable addresses so the majority of you are probably acquainted with ip addresses and those are precisely how a computer system at one end of the internet knows how to talk particularly to another computer system elsewhere and not just scream it into the abyss that is the web when you key in google.com and you hit enter your computer system sends out a message to your internet service provider stating 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 bundle back to send to you now the plan is then unpacked by your computer system to reveal you the whole of the google.com home page using complex math and software application all of this

communication takes place behind the scenes but to you it’s easy and easy to use in fact if we needed 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 since it makes good sense to us so that’s essentially what a dns is a translator for people to speak machine code next up let’s see how this works for crypto ens is essentially the very same thing that i simply discussed other than it’s for ethereum ens means ethereum name service and practically lets me tell you that whiteboardcrypto.eth is my wallet address so you can merely 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 effort on this video and the past hundred that we have actually been really hard at work creating but anyways if you’re not utilized to comprehending crypto the option to sharing white boards crypto.eth with someone is i ‘d need to share

Present 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 move it to anywhere you want whatever wallet you want with ease alright so now let’s delve into my laptop computer and enter into the tutorial section of the video where i want to show you unstoppable domain how to get a domain name how to establish a particular wallet so you can attach the domain name that you bought to your wallet and so on so you can really comprehend how to appropriately utilize unstoppable domain so let’s get started welcome to my laptop let’s start so this is unstoppable domains.com now to get started with this site is very simple you simply come here and then you type in the domain name that you want right here and after that click on search now i want just want to mention that they do have specific rate points for how many characters are in the domain name that you want 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 last name 2 400 uh i think i’ll pass however anyways let me go ahead and simply include this to haul for presentation purposes we’ll go to the carts which’s it okay 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 weird 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 however payment gateway you desire to utilize fine 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 website dot crypto and that’s it how to declare your crypto domain address now the reason why you ‘d desire to go through the process and actually declare uh your domain addresses since one then you actually own it then 2 you can do whatever you desire with it if you want to go offer it on some type of like nft marketplace you can go ahead and do that okay so just like when you buy 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 actually move the cryptocurrency from coinbase to your own wallet this is the same so this is on there this is you know it’s like a hot wallet i guess you know this is you you have not declared it yet so it’s an iou that you own this and so i simply desire to briefly mention at the time of this video that there are a couple of ways to declare your domain name the first way is that you have to buy a claim with credits charge so that expenses uh at this time 40 per domain name and so that’s pays for the gas fees you’re like what are gas charges look this the ethereum network you in fact have to pay uh to move things on and off via gas charges number two is you can pay the gas charges 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 just wait till august so then they’ll have a scaling solution that makes it easy to claim however anyways to get begun is very easy so we go here say if i want to declare this one make a website.crypto we’ll claim with ethereum right there claim process began so now we have to send 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 just highlight that ideal click copy paste there we go boom put that in all right excellent now you’re like whoa what do i do pick 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 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 simple meta mask there we go okay so we click here then we want to download it now click on that set up metamask for chrome all right and let’s go on and contribute to chrome include extension and there we go okay so now the metamask app is set up on our 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 finish with your cryptocurrency What Is Namecoin Coin