Of a decentralized web…Bitcointalk Namecoin… do I in fact own my domain name outright?” Or, “Are there stipulations connected to my registration?” The answer is no, you do not own your domain name outright, however policies and regulations generally safeguard the domain from being drawn from you. At the end of the day,|The response is no, you don’t own your domain name outright, but regulations and policies usually safeguard the domain from being taken from you. At the end of the day,}
it is entirely possible for your domain name to be taken. You’re leasing it from the domain windows registry and they have complete control over what happens with your domain name. I’ve talked about this approved monopoly system prior to which you can find out more about in my “Domain frequently asked question” video however you don’t own your domain name. It’s in fact difficult to own a traditional domain. You might have seen, I stated traditional domain name since a company’s working on a brand-new type of domain that you can own outright. I had the possibility to talk to 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, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains builds domain names on blockchains and this is different than a traditional domain because the domain name 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 suggests 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 personal key, which is on your device, like your phone or your computer system or whatever. – Today, when you go to acquire a domain you do not in fact own it. You’re leasing it from a domain registrar like Namecheap and they’re leasing it at wholesale rates from the domain computer system registry. For.com domains that’s Verisign. Verisign holds the secrets to every single.com domain. And that implies they have the power to seize a domain at any offered time. Now, this is technically very rare, however it is possible. And it raises a rising issue with our internet, control. Brad calls this the power structure of a domain name system. – We’re a computer system registry similar to like a Verisign. The power structure is very various because as soon as we have actually sold you a domain there’s nothing that we can do. , if it’s a.com domain you’re relying on the pc registry not to alter rates or take the domain away from you in the future.. Our domain names are one-time charges, so you never have to stress over it. When you purchase a domain name it’s more like purchasing a football from us. Like there’s nothing we can do. Once you have it, we can’t modify or upgrade 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 mostly offering our own domains at unstoppabledomains.com today. There are a couple of others that you can buy them. You can go to MyEtherWallet, for example, and you can purchase them. Yeah, I think that’s something that’s going to develop. In terms of us getting started, it was a little simpler for us to kind of manage the entire user experience and build 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 completely various domain name system, meaning 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 comprehend all the technical specifics of this new domain name system. Unstoppable Domains has an option for this, thanks to Cloudflare adding support for their domains.