Did I configure my dns correctly, because Dynadot says that it is misconfigured... http://i48.tinypic.com/2cdjolf.png What steps should I have taken...or is the dns/nameservers set up right?
It seems to be misconfigured. If you are on a shared hosting, update them to setup them properly. - Kailash
If you can provide the domain name, we can assist you better after reproducing the error. But why do you need 'A' record in the format nameserver.<domain_name> in your dns template?
If it has to do with DNS problem, you may check the error here: www.checkdns.net/quickcheckdomainf.aspx it will tell you where might be the problem if you can provide us with the domain name, we could help you further