Of a decentralized web…Crypto Domain Registrar… do I in fact own my domain name outright?” Or, “Exist specifications connected to my registration?” The answer is no, you do not own your domain name outright, but regulations and policies normally protect the domain from being taken from you. However at the end of the day,|The response is no, you don’t own your domain name outright, however regulations and policies usually secure the domain from being taken from you. At the end of the day,}
it is entirely possible for your domain name to be seized. You’re leasing it from the domain computer registry and they have full control over what occurs with your domain name. I’ve spoken about this sanctioned monopoly system prior to which you can discover more about in my “Domain FAQ” video but you don’t own your domain. It’s really difficult to own a traditional domain. You may have observed, I said conventional domain name since a business’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 simply believed this was really, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain names on blockchains and this is different than a traditional domain since the domain is saved by you, the user inside of your cryptocurrency wallet. It’s saved inside of your wallet, just like a cryptocurrency would be. And what this does is it means 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, no one 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 name you do not really own it. You’re leasing it from a domain registrar like Namecheap and they’re renting it at wholesale prices from the domain computer registry. For.com domains that’s Verisign. Verisign holds the secrets to every single.com domain. Which implies they have the power to seize a domain name at any given time. Now, this is technically very rare, but it is possible. And it raises an increasing problem with our web, control. Brad calls this the power structure of a domain name system. – We’re a computer registry similar to like a Verisign. Because as soon as we’ve offered you a domain there’s absolutely nothing that we can do, the power structure is really various. If it’s a.com domain you’re relying on the computer system registry not to change prices or take the domain far from you in the future. Our domain names are one-time fees, so you never ever have to worry about it. As soon as you purchase a domain name it’s more like purchasing a football from us. Like there’s nothing we can do. We can’t modify or update or take the football away from you once you have it. In the standard world, there’s a great deal of these resellers. And so GoDaddy is a reseller for example of.com domains. We’re primarily offering our own domains at unstoppabledomains.com today. However there are a couple of others that you can buy 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 getting going, it was a little easier for us to sort of manage the entire user experience and develop all these unique tools.
– Of course a brand-new type of domain name implies that you can’t register.com,. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s a completely various 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. Now I’m not claiming to comprehend all the technical specifics of this new domain system. To be sincere, I still have problem with some of the ideas of cryptocurrency, and I’m not a professional in this area. Today we’re not focusing as much on the technical side of NFT domains however more on what it means for the future of the internet. The biggest traffic jam is that web browsers Google Chrome, Safari, and Microsoft Edge have actually not yet carried out support for NFT domains. Unstoppable Domains has a service for this, thanks to Cloudflare including support for their domains.