Of a decentralized web…Crypto Solana… do I actually own my domain name outright?” Or, “Are there stipulations attached to my registration?” The response is no, you don’t own your domain name outright, however policies and policies usually safeguard the domain from being taken from you. But at the end of the day,|The response is no, you do not own your domain name outright, however policies and regulations typically protect the domain from being taken from you. At the end of the day,}
it is totally possible for your domain name to be taken. You’re renting it from the domain windows registry and they have full control over what occurs 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 do not own your domain name. It’s in fact impossible to own a traditional domain name. You may have noticed, I stated standard domain since a business’s dealing with a new kind of domain name that you can own outright. I had the possibility to interview 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, really cool what Unstoppable Domains was doing. – So Unstoppable Domains builds domain on blockchains and this is different than a conventional domain due to the fact that the domain is kept by you, the user inside of 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 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 private secret, which is on your device, like your phone or your computer or whatever. – Today, when you go to buy a domain name you don’t in fact own it. You’re leasing it from a domain registrar like Namecheap and they’re renting it at wholesale pricing from the domain registry. For.com domains that’s Verisign. Verisign holds the keys to every single.com domain. And that indicates they have the power to seize a domain name at any given time. Now, this is technically extremely unusual, however it is possible. And it brings up an increasing problem with our internet, control. Brad calls this the power structure of a domain system. – We’re a computer system registry similar to like a Verisign. The class structure is really different because as soon as we’ve sold you a domain there’s nothing that we can do. If it’s a.com domain you’re relying on the pc registry not to alter rates or take the domain far from you in the future. Our domain names are one-time fees, so you never ever have to fret about it. When you buy a domain name it’s more like buying a football from us. Like there’s absolutely nothing we can do. We can’t edit or upgrade or take the football far from you as soon as you have it. In the conventional world, there’s a lot of these resellers. And so GoDaddy is a reseller for example of.com domains. We’re mostly selling our own domains at unstoppabledomains.com right now. However there are a couple of others that you can purchase them. You can go to MyEtherWallet, for example, and you can buy them. Yeah, I think that’s something that’s going to build. In regards to us getting started, it was a little simpler for us to sort of handle the whole user experience and construct all these special tools.
– Of course a 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 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 understand all the technical specifics of this new domain name system. Unstoppable Domains has a service for this, thanks to Cloudflare including support for their domains.