Of a decentralized web…Crypto Referral Code… do I actually own my domain name outright?” Or, “Exist terms attached to my registration?” The response is no, you do not own your domain name outright, however policies and guidelines typically protect the domain from being taken from you. But at the end of the day,|The answer is no, you do not own your domain name outright, however policies and regulations usually protect the domain from being taken from you. At the end of the day,}
it is completely possible for your domain to be seized. You’re renting it from the domain registry and they have full control over what happens with your domain. I’ve discussed this sanctioned monopoly system before which you can find out more about in my “Domain frequently asked question” video however you do not own your domain. It’s in fact difficult to own a traditional domain. You may have discovered, I stated conventional domain since a company’s dealing with a brand-new kind of domain name that you can own outright. I had the opportunity to speak with 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 builds domain on blockchains and this is different than a standard domain since the domain name is stored by you, the user inside of your cryptocurrency wallet. It’s kept 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 need to go and get your personal key, which is on your device, like your phone or your computer or whatever. – Right now, when you go to acquire 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 prices from the domain computer system registry. For.com domains that’s Verisign. Verisign holds the keys to every single.com domain. Which suggests they have the power to seize a domain at any provided time. Now, this is technically extremely uncommon, however it is possible. And it brings up an increasing problem with our internet, control. Brad calls this the power structure of a domain name system. – We’re a windows registry similar to like a Verisign. Because as soon as we have actually sold you a domain there’s absolutely nothing that we can do, the power structure is very various. If it’s a.com domain you’re relying on the computer registry not to alter costs or take the domain far from you in the future. Our domain names are one-time costs, so you never need to worry about it. Once you buy a domain name it’s more like buying a football from us. Like there’s nothing we can do. Once you have it, we can’t edit or upgrade or take the football away from you. In the conventional world, there’s a great deal of these resellers. Therefore GoDaddy is a reseller for instance of.com domains. We’re mainly offering our own domains at unstoppabledomains.com today. But there are a number of others that you can buy them. You can go to MyEtherWallet, for instance, and you can buy them. So, yeah, I think that’s something that’s going to build. In terms of us starting, it was a little much easier for us to sort of handle the whole user experience and construct 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 a totally different domain name system, suggesting 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 comprehend all the technical specifics of this brand-new domain name system. Unstoppable Domains has a service for this, thanks to Cloudflare adding support for their domains.