Of a decentralized web…Dns Ssl Namecoin… do I actually 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, however regulations and policies typically protect the domain from being drawn from you. At the end of the day,|The answer is no, you don’t own your domain name outright, however policies and guidelines typically protect the domain from being taken from you. At the end of the day,}
it is totally possible for your domain to be taken. You’re renting it from the domain windows registry and they have complete control over what occurs with your domain. I have actually discussed this approved monopoly system prior to which you can discover more about in my “Domain frequently asked question” video however you do not own your domain name. It’s actually difficult to own a standard domain name. You might have discovered, I stated standard domain name since a business’s dealing with a brand-new type of domain that you can own outright. I had the chance 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 just believed this was actually, truly cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain on blockchains and this is various than a traditional domain since the domain name is saved by you, the user inside of your cryptocurrency wallet. So it’s kept inside of your wallet, much like a cryptocurrency would be. And what this does is it means 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, nobody can do it.
They need to go and get your personal key, which is on your gadget, like your phone or your computer or whatever. – Today, when you go to purchase a domain name you don’t actually own it. You’re renting it from a domain registrar like Namecheap and they’re leasing it at wholesale pricing from the domain registry. For.com domains that’s Verisign. Verisign holds the secrets to every single.com domain. And that means they have the power to take a domain name at any offered time. Now, this is technically very unusual, however it is possible. And it brings up an increasing issue with our internet, control. Brad calls this the power structure of a domain name system. – We’re a computer registry similar to like a Verisign. Due to the fact that once we’ve offered you a domain there’s nothing that we can do, the power structure is extremely different. , if it’s a.com domain you’re relying on the computer system registry not to change rates or take the domain away from you in the future.. Our domain names are one-time charges, so you never ever have to worry about it. Once you purchase a domain name it’s more like purchasing a football from us. Like there’s nothing we can do. When you have it, we can’t modify or update or take the football away from you. In the traditional world, there’s a great deal of these resellers. And so GoDaddy is a reseller for example of.com domains. We’re mostly 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 example, and you can purchase them. Yeah, I think that’s something that’s going to build. In terms of us starting, it was a little easier for us to type of manage the entire user experience and construct all these unique tools.
But if you were to like, you understand imagine what things are going to be like in 5 to ten years. Yeah, there must be lots of different sellers and resellers and things like that. – Naturally a brand-new kind of domain implies that you can’t register.com,. co,. net or any of the basic TLDs you’re used to seeing. Right now Unstoppable Domains is beginning with.crypto. Not a TLD you ‘d consider being an ideal fit for your blog or organization however we might see some generic TLDs being used in the future. For now, Unstoppable Domains is dealing with crypto lovers. It’s an absolutely various domain name system, meaning you can’t type craylor.crypto into your web browser and load it or can you? See these crypto domains are NFT items. You have actually probably seen this term appear all over recently. Non-fungible tokens are systems of information on a ledger, that is the blockchain and they represent a special digital product.
In this case, a domain. Now I’m not declaring to comprehend all the technical specifics of this new domain system. To be honest, I still struggle with some of the ideas of cryptocurrency, and I’m not a professional in this area. But today we’re not focusing as much on the technical side of NFT domains but more on what it indicates for the future of the internet. The most significant bottleneck is that web web browsers Google Chrome, Safari, and Microsoft Edge have actually not yet implemented assistance for NFT domains. Unstoppable Domains has an option for this, thanks to Cloudflare adding support for their domains.