Of a decentralized web…Blockchain Domain Wiki… do I actually own my domain name outright?” Or, “Are there stipulations attached to my registration?” The answer is no, you do not own your domain name outright, however guidelines and policies usually safeguard 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 guidelines and policies generally protect the domain from being taken from you. At the end of the day,}
it is completely possible for your domain to be taken. You’re leasing it from the domain registry and they have complete control over what occurs with your domain name. I have actually spoken about this approved monopoly system prior to which you can find out more about in my “Domain FAQ” video however you don’t own your domain. It’s actually difficult to own a traditional domain. You may have seen, I said traditional domain because a company’s working on a brand-new kind of domain that you can own outright. I had the chance 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 believed this was really, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain names on blockchains and this is different than a conventional domain due to the fact that the domain name is saved by you, the user inside of your cryptocurrency wallet. So it’s kept inside of your wallet, similar to 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 require to go and get your personal secret, which is on your device, like your phone or your computer or whatever. – Today, when you go to purchase a domain you don’t actually own it. You’re renting it from a domain registrar like Namecheap and they’re renting it at wholesale rates from the domain computer registry. For.com domains that’s Verisign. Verisign holds the secrets to every single.com domain. Which indicates they have the power to seize a domain name at any provided time. Now, this is technically incredibly rare, but it is possible. And it raises an increasing problem with our web, control. Brad calls this the class structure of a domain system. – We’re a computer registry similar to like a Verisign. The class structure is very different due to the fact that when we have actually sold you a domain there’s nothing that we can do. , if it’s a.com domain you’re trusting the windows registry not to alter rates or take the domain away from you in the future.. Our domain are one-time fees, so you never need to fret about it. As soon as you purchase a domain name it’s more like buying a football from us. Like there’s absolutely nothing we can do. As soon as you have it, we can’t edit or upgrade or take the football away from you. In the standard world, there’s a great deal of these resellers. Therefore GoDaddy is a reseller for example of.com domains. We’re mostly offering our own domains at unstoppabledomains.com today. But there are a couple of others that you can purchase them. You can go to MyEtherWallet, for instance, and you can buy them. So, yeah, I believe that’s something that’s going to develop. In regards to us getting going, it was a little simpler for us to sort of manage the whole user experience and build all these unique tools.
– Of course a new type of domain name implies that you can’t register.com,. For now, Unstoppable Domains is catering to crypto lovers. It’s an absolutely different domain name system, implying 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 declaring to understand all the technical specifics of this new domain name system. Unstoppable Domains has a solution for this, thanks to Cloudflare including support for their domains.