Of a decentralized web…Address/Blockchain Domain Note Okex… do I really own my domain name outright?” Or, “Exist stipulations connected to my registration?” The answer is no, you don’t own your domain name outright, but guidelines and policies generally protect the domain from being taken from you. At the end of the day,|The answer is no, you don’t own your domain name outright, but policies and policies normally secure the domain from being taken from you. At the end of the day,}
it is totally possible for your domain to be taken. You’re renting it from the domain computer registry and they have full control over what happens with your domain. I have actually discussed this sanctioned monopoly system prior to which you can discover more about in my “Domain frequently asked question” video however you do not own your domain name. It’s in fact difficult to own a conventional domain name. You may have seen, I stated traditional domain since a business’s working on 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 simply believed this was really, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains builds domain names on blockchains and this is various than a traditional domain because the domain is kept by you, the user inside of your cryptocurrency wallet. It’s saved inside of your wallet, simply 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 need to go and get your private secret, which is on your gadget, like your phone or your computer or whatever. – Today, when you go to buy a domain name you don’t actually 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 keys to every single.com domain. And that implies they have the power to seize a domain at any given time. Now, this is technically incredibly rare, but it is possible. And it raises an increasing problem with our internet, control. Brad calls this the class structure of a domain system. – We’re a registry comparable to like a Verisign. Because as soon as we’ve offered you a domain there’s nothing that we can do, the power structure is very various. , 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 are one-time charges, so you never ever need to stress over it. When you purchase a domain name it’s more like buying a football from us. Like there’s absolutely nothing we can do. We can’t edit or update or take the football away from you when you have it. In the standard world, there’s a great deal of these resellers. And so GoDaddy is a reseller for instance of.com domains. We’re mostly selling our own domains at unstoppabledomains.com right now. However there are a couple of others that you can purchase them. You can go to MyEtherWallet, for example, and you can buy them. Yeah, I believe that’s something that’s going to build. In terms of us starting, it was a little much easier for us to kind of handle the entire user experience and construct all these unique tools.
– Of course a brand-new type of domain name indicates that you can’t register.com,. For now, Unstoppable Domains is catering to crypto lovers. It’s a totally different domain name system, suggesting you can’t type craylor.crypto into your web browser and load it or can you?
In this case, a domain name. Now I’m not claiming to understand all the technical specifics of this new domain system. To be sincere, I still deal with some of the ideas of cryptocurrency, and I’m not a specialist in this space. However today we’re not focusing as much on the technical side of NFT domains but more on what it suggests for the future of the web. The most significant bottleneck is that web browsers Google Chrome, Safari, and Microsoft Edge have actually not yet executed support for NFT domains. Unstoppable Domains has a solution for this, thanks to Cloudflare adding support for their domains.