Of a decentralized web….Crypto Domain Vs .Eth… do I in fact own my domain name outright?” Or, “Are there specifications attached to my registration?” The answer is no, you don’t own your domain name outright, but policies and regulations typically protect 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 policies and policies typically protect the domain from being taken from you. At the end of the day,}
it is completely possible for your domain name to be seized. You’re renting it from the domain computer system 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 but you don’t own your domain name. It’s actually impossible to own a conventional domain. You might have seen, I said standard domain because a business’s working on a new type of domain name that you can own outright. I had the opportunity 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 truly, truly 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 kept by you, the user within your cryptocurrency wallet. It’s saved inside of your wallet, simply 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, nobody can do it.
– Right now, when you go to purchase a domain name you don’t really own it. You’re renting it from a domain registrar like Namecheap and they’re renting it at wholesale rates from the domain computer system registry. If it’s a.com domain you’re relying on the computer registry not to alter rates or take the domain away from you in the future.
However if you were to like, you understand envision what things are going to resemble in 5 to ten years. Yeah, there need to be lots of various sellers and resellers and things like that. – Naturally a new kind of domain name indicates that you can’t register.com,. co,. net or any of the standard TLDs you’re utilized to seeing. Now Unstoppable Domains is starting with.crypto. Not a TLD you ‘d think of as being a perfect fit for your blog site or organization but we might see some generic TLDs being offered in the future. For now, Unstoppable Domains is accommodating crypto lovers. It’s an absolutely various domain system, implying you can’t type craylor.crypto into your browser and load it or can you? See these crypto domains are NFT items. You have actually probably seen this term pop up all over recently. Non-fungible tokens are systems of data on a ledger, that is the blockchain and they represent an unique digital product.
In this case, a domain name. Now I’m not declaring to comprehend 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.