Bitcoin Dominance Strategy – No Renewal Fees Ever

Of a decentralized web…Bitcoin Dominance Strategy… do I really own my domain name outright?” Or, “Exist specifications attached to my registration?” The answer is no, you don’t own your domain name outright, however guidelines and policies generally secure the domain from being drawn from you. At the end of the day,|The answer is no, you don’t own your domain name outright, however guidelines and policies usually protect the domain from being taken from you. At the end of the day,}

it is completely possible for your domain to be seized. You’re renting it from the domain registry and they have complete control over what happens with your domain. I’ve talked about this sanctioned monopoly system before which you can find out more about in my “Domain FAQ” video but you don’t own your domain. It’s actually difficult to own a traditional domain. You might have seen, I said standard domain since a business’s dealing with a brand-new kind of domain that you can own outright. I had the opportunity 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 thought this was truly, truly cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain on blockchains and this is different than a traditional domain because the domain name is saved by you, the user inside of your cryptocurrency wallet. It’s stored inside of your wallet, simply like a cryptocurrency would be. And what this does is it suggests that no one else can move the domain around, take it away from you, make updates to the domain, anything. Unstoppable Domains can’t do it, no one can do it.

They need to go and get your private secret, which is on your gadget, like your phone or your computer system or whatever. – Right now, when you go to buy a domain you don’t in fact own it. You’re leasing it from a domain registrar like Namecheap and they’re renting it at wholesale prices from the domain pc registry. For.com domains that’s Verisign. Verisign holds the keys to every single.com domain. Which means they have the power to seize a domain name at any provided time. Now, this is technically exceptionally rare, but it is possible. And it raises a rising issue with our web, control. Brad calls this the class structure of a domain system. – We’re a computer registry comparable to like a Verisign. The class structure is very various due to the fact that when we have actually offered you a domain there’s absolutely nothing that we can do. , if it’s a.com domain you’re relying on the windows registry not to alter rates or take the domain away from you in the future.. Our domain are one-time charges, so you never ever have to worry about it. Once you buy a domain it’s more like buying a football from us. Like there’s nothing we can do. When you have it, we can’t modify or update or take the football away from you. In the conventional world, there’s a lot of these resellers. Therefore GoDaddy is a reseller for example of.com domains. We’re primarily selling our own domains at unstoppabledomains.com right now. However there are a number of others that you can buy them. You can go to MyEtherWallet, for example, and you can buy them. So, yeah, I believe that’s something that’s going to develop. In terms of us beginning, it was a little simpler for us to type of manage the entire user experience and build all these unique tools.

However if you were to like, you know imagine what things are going to resemble in 5 to 10 years. Yeah, there must be lots of various sellers and resellers and things like that. – Naturally a brand-new kind of domain name means that you can’t register.com,. co,. net or any of the basic TLDs you’re used to seeing. Now Unstoppable Domains is starting with.crypto. Not a TLD you ‘d consider being an ideal fit for your blog or service however we might see some generic TLDs being used in the future. In the meantime, Unstoppable Domains is dealing with crypto lovers. It’s a completely different domain system, suggesting you can’t type craylor.crypto into your web browser and load it or can you? See these crypto domains are NFT items. You’ve most likely seen this term turn up all over recently. Non-fungible tokens are units of information on a ledger, that is the blockchain and they represent an unique digital item.

In this case, a domain name. Now I’m not claiming to understand all the technical specifics of this new domain name system. Unstoppable Domains has a solution for this, thanks to Cloudflare adding support for their domains.