Of a decentralized web…Unstoppable Domains Create Website… do I in fact own my domain name outright?” Or, “Exist stipulations connected to my registration?” The answer is no, you do not own your domain name outright, however policies and regulations usually safeguard the domain from being drawn from you. However at the end of the day,|The response is no, you don’t own your domain name outright, however guidelines and policies usually safeguard the domain from being taken from you. At the end of the day,}
it is totally possible for your domain name to be taken. You’re renting it from the domain computer system registry and they have complete control over what occurs with your domain name. I’ve spoken about this sanctioned monopoly system prior to which you can find out more about in my “Domain FAQ” video however you do not own your domain. It’s actually impossible to own a traditional domain name. You might have seen, I stated standard domain name since a company’s dealing with a new kind of domain that you can own outright. I had the possibility to speak with Brad Kam the co-founder of Unstoppable Domains to talk more about the future of the decentralized web. And no this video is not sponsored, I just believed this was truly, truly cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain names on blockchains and this is various than a traditional domain since the domain name is saved by you, the user within your cryptocurrency wallet. So it’s stored inside of your wallet, much like a cryptocurrency would be. And what this does is it indicates that nobody else can move the domain around, take it away from you, make updates to the domain, anything. Unstoppable Domains can’t do it, nobody can do it.
They require to go and get your personal key, which is on your device, like your phone or your computer or whatever. – Right now, when you go to buy a domain name you do not really own it. You’re leasing it from a domain registrar like Namecheap and they’re leasing it at wholesale prices from the domain registry. For.com domains that’s Verisign. Verisign holds the secrets to every single.com domain. And that indicates they have the power to take a domain name at any given time. Now, this is technically very uncommon, however it is possible. And it brings up a rising problem with our web, control. Brad calls this the power structure of a domain system. – We’re a computer system registry similar to like a Verisign. Due to the fact that when we’ve offered you a domain there’s nothing that we can do, the power structure is very different. , if it’s a.com domain you’re relying on the computer registry not to change costs or take the domain away from you in the future.. Our domain names are one-time fees, so you never need to fret about it. When you purchase a domain it’s more like buying a football from us. Like there’s absolutely nothing we can do. We can’t update or modify or take the football away from you once you have it. In the conventional world, there’s a lot of these resellers. And so GoDaddy is a reseller for instance of.com domains. We’re mostly offering our own domains at unstoppabledomains.com right now. There are a couple of others that you can purchase them. You can go to MyEtherWallet, for example, and you can buy them. So, yeah, I think that’s something that’s going to develop. In terms of us beginning, it was a little much easier for us to type of manage the whole user experience and build all these special tools.
But if you were to like, you understand imagine what things are going to be like in 5 to ten years. Yeah, there must be great deals of different sellers and resellers and things like that. – Obviously a new type of domain name means that you can’t register.com,. co,. net or any of the basic TLDs you’re used to seeing. Right now Unstoppable Domains is starting with.crypto. Not a TLD you ‘d consider being an ideal fit for your blog site or business but we could see some generic TLDs being provided in the future. In the meantime, Unstoppable Domains is catering to crypto enthusiasts. It’s a totally different domain name system, suggesting you can’t type craylor.crypto into your browser and load it or can you? See these crypto domains are NFT products. You’ve most likely seen this term turn up everywhere recently. Non-fungible tokens are systems of data on a journal, that is the blockchain and they represent a special digital item.
In this case, a domain name. Now I’m not declaring to comprehend all the technical specifics of this new domain name system. Unstoppable Domains has an option for this, thanks to Cloudflare including assistance for their domains.