Of a decentralized web…Dot Net Domain… do I really own my domain name outright?” Or, “Are there stipulations connected to my registration?” The answer is no, you do not own your domain name outright, but policies and policies generally protect 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 guidelines and policies usually secure the domain from being taken from you. At the end of the day,}
it is totally possible for your domain to be seized. You’re renting it from the domain pc registry and they have complete control over what occurs with your domain name. I have actually discussed this sanctioned monopoly system prior to which you can learn more about in my “Domain frequently asked question” video however you do not own your domain name. It’s actually impossible to own a standard domain. You might have discovered, I stated conventional domain name since a company’s working on a new type of domain that you can own outright. I had the chance 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 believed this was actually, really cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain on blockchains and this is various than a traditional domain because the domain name is kept by you, the user within your cryptocurrency wallet. It’s saved 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, nobody can do it.
They need to go and get your private secret, which is on your gadget, like your phone or your computer system or whatever. – Today, when you go to purchase a domain you don’t really own it. You’re leasing it from a domain registrar like Namecheap and they’re renting it at wholesale prices from the domain computer registry. For.com domains that’s Verisign. Verisign holds the secrets to every single.com domain. And that suggests they have the power to seize a domain at any offered time. Now, this is technically very rare, but it is possible. And it brings up an increasing problem with our web, control. Brad calls this the power structure of a domain name system. – We’re a registry similar to like a Verisign. The power structure is very different due to the fact that when we have actually sold you a domain there’s nothing that we can do. , if it’s a.com domain you’re relying on the computer registry not to change prices or take the domain away from you in the future.. Our domain are one-time charges, so you never need to stress over it. Once you buy a domain name it’s more like purchasing a football from us. Like there’s nothing we can do. We can’t upgrade or modify or take the football far from you as soon as you have it. In the conventional world, there’s a great deal of these resellers. Therefore GoDaddy is a reseller for instance of.com domains. We’re mostly offering our own domains at unstoppabledomains.com today. However there are a couple of others that you can purchase them. You can go to MyEtherWallet, for example, and you can buy them. So, yeah, I believe that’s something that’s going to build. In terms of us getting started, it was a little much easier for us to type of handle the whole user experience and build all these special tools.
But if you were to like, you know picture what things are going to resemble in 5 to ten years. Yeah, there should be lots of various sellers and resellers and things like that. – Obviously a new kind of domain name indicates that you can’t register.com,. co,. net or any of the standard TLDs you’re used to seeing. Right now Unstoppable Domains is starting with.crypto. Not a TLD you ‘d think of as being a perfect fit for your blog or service but we might see some generic TLDs being used in the future. For now, Unstoppable Domains is dealing with crypto lovers. It’s a totally various domain name system, indicating you can’t type craylor.crypto into your web browser and load it or can you? See these crypto domains are NFT items. You’ve probably seen this term turn up everywhere recently. Non-fungible tokens are systems of data on a ledger, that is the blockchain and they represent a special digital product.
In this case, a domain. Now I’m not claiming to comprehend all the technical specifics of this new domain system. To be honest, I still deal with a few of the principles of cryptocurrency, and I’m not an expert in this space. Today we’re not focusing as much on the technical side of NFT domains however more on what it indicates for the future of the web. The most significant bottleneck is that web web browsers Google Chrome, Safari, and Microsoft Edge have actually not yet executed assistance for NFT domains. Unstoppable Domains has a service for this, thanks to Cloudflare including assistance for their domains.