Of a decentralized web…Cryptocurrency Company Names… do I in fact own my domain name outright?” Or, “Exist stipulations attached to my registration?” The response is no, you do not own your domain name outright, however guidelines and policies usually secure the domain from being taken from you. But at the end of the day,|The answer is no, you don’t own your domain name outright, however guidelines and policies usually safeguard the domain from being taken from you. At the end of the day,}
it is entirely possible for your domain to be seized. You’re leasing it from the domain registry and they have complete control over what occurs with your domain name. I’ve spoken about this sanctioned monopoly system before which you can learn more about in my “Domain FAQ” video but you do not own your domain name. It’s in fact difficult to own a standard domain name. You might have noticed, I stated standard domain name since a company’s dealing with a brand-new type of domain that you can own outright. I had the possibility 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 just thought this was really, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain on blockchains and this is different than a standard domain due to the fact that the domain is saved by you, the user inside of your cryptocurrency wallet. So it’s stored inside of your wallet, similar to a cryptocurrency would be. And what this does is it means that nobody 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. – Right now, when you go to buy a domain you don’t really own it. You’re leasing it from a domain registrar like Namecheap and they’re leasing it at wholesale pricing from the domain computer system registry. For.com domains that’s Verisign. Verisign holds the secrets to every single.com domain. And that implies they have the power to seize a domain name at any offered time. Now, this is technically very unusual, but it is possible. And it brings up a rising issue with our web, control. Brad calls this the power structure of a domain name system. – We’re a computer registry comparable to like a Verisign. The power structure is really various due to the fact that once we have actually offered you a domain there’s absolutely nothing that we can do. , if it’s a.com domain you’re relying on the pc registry not to change rates or take the domain away from you in the future.. Our domain names are one-time costs, so you never ever have to stress over it. When 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 upgrade or edit or take the football away from you. In the conventional 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. There are a couple of others that you can buy them. You can go to MyEtherWallet, for instance, and you can purchase them. Yeah, I think that’s something that’s going to build. In regards to us beginning, it was a little simpler for us to kind of manage the whole user experience and build 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, implying 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 claiming to understand all the technical specifics of this new domain name system. Unstoppable Domains has a solution for this, thanks to Cloudflare adding support for their domains.