Of a decentralized web…Crypto Kraken… do I actually own my domain name outright?” Or, “Are there specifications connected to my registration?” The answer is no, you do not own your domain name outright, however guidelines and policies generally safeguard the domain from being taken from you. At the end of the day,|The response is no, you don’t own your domain name outright, but policies and regulations typically secure the domain from being taken from you. At the end of the day,}
it is totally possible for your domain name to be seized. You’re leasing it from the domain windows registry and they have full control over what happens with your domain name. I have actually discussed this sanctioned monopoly system before which you can find out more about in my “Domain FAQ” video but you don’t own your domain name. It’s in fact difficult to own a traditional domain name. You may have noticed, I stated conventional domain name since a business’s dealing with a new type of domain 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 really, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain on blockchains and this is various than a conventional domain since the domain is saved by you, the user within your cryptocurrency wallet. So it’s saved within your wallet, similar to a cryptocurrency would be. And what this does is it indicates that nobody 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 key, 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 leasing it from a domain registrar like Namecheap and they’re leasing it at wholesale rates from the domain registry. For.com domains that’s Verisign. Verisign holds the keys to every single.com domain. Which implies they have the power to seize a domain name at any given time. Now, this is technically exceptionally rare, but it is possible. And it raises a rising problem with our internet, control. Brad calls this the class structure of a domain name system. – We’re a registry comparable to like a Verisign. Since when we’ve offered you a domain there’s nothing that we can do, the power structure is really various. , if it’s a.com domain you’re trusting the computer 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 have to fret about it. Once you purchase a domain it’s more like purchasing a football from us. Like there’s absolutely nothing we can do. Once you have it, we can’t update or edit or take the football away from you. In the traditional world, there’s a great deal of these resellers. Therefore GoDaddy is a reseller for example of.com domains. We’re mainly selling our own domains at unstoppabledomains.com right now. However 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 regards to us getting going, it was a little simpler for us to kind of handle the entire user experience and construct all these special tools.
– Of course a brand-new type of domain name means that you can’t register.com,. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s a totally various domain name system, meaning you can’t type craylor.crypto into your browser and load it or can you?
In this case, a domain name. Now I’m not claiming to understand 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.