Of a decentralized web…Bitcoin Dominance Yükselirse Ne Olur… do I really own my domain name outright?” Or, “Are there stipulations attached to my registration?” The response is no, you don’t own your domain name outright, however policies and policies usually safeguard the domain from being taken from you. But at the end of the day,|The response is no, you do not own your domain name outright, however policies and policies typically safeguard 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 leasing it from the domain pc registry and they have complete control over what happens with your domain name. I’ve discussed this approved monopoly system before which you can learn more about in my “Domain frequently asked question” video however you don’t own your domain name. It’s actually impossible to own a traditional domain. You might have noticed, I said conventional domain since a business’s dealing with a new kind of domain name that you can own outright. I had the chance to interview 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 really, truly cool what Unstoppable Domains was doing. – So Unstoppable Domains builds domain names on blockchains and this is various than a traditional domain since the domain is saved by you, the user inside of your cryptocurrency wallet. So it’s kept within your wallet, just like a cryptocurrency would be. And what this does is it implies that no one else can move the domain around, take it far 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 private secret, which is on your device, like your phone or your computer system or whatever. – Right now, when you go to acquire a domain you do not actually own it. You’re renting it from a domain registrar like Namecheap and they’re leasing it at wholesale pricing 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 take a domain at any given time. Now, this is technically incredibly unusual, but it is possible. And it brings up a rising issue with our web, control. Brad calls this the power structure of a domain name system. – We’re a computer system registry similar to like a Verisign. The class structure is very different due to the fact that when we’ve offered you a domain there’s nothing that we can do. If it’s a.com domain you’re relying on the computer system registry not to alter rates or take the domain away from you in the future. Our domain are one-time costs, 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 nothing we can do. As soon as you have it, we can’t upgrade or edit or take the football away from you. In the traditional 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. There are a couple of others that you can purchase them. You can go to MyEtherWallet, for example, and you can purchase them. So, yeah, I think that’s something that’s going to build. In regards to us beginning, it was a little simpler for us to type of handle the entire user experience and build all these special tools.
– Of course a new type of domain name means that you can’t register.com,. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s a completely different domain name system, indicating you can’t type craylor.crypto into your internet browser and load it or can you?
In this case, a domain name. Now I’m not declaring to understand all the technical specifics of this brand-new domain name system. Unstoppable Domains has a solution for this, thanks to Cloudflare adding assistance for their domains.