Of a decentralized web…Free Namecoin… do I really own my domain name outright?” Or, “Are there terms attached to my registration?” The response is no, you do not own your domain name outright, but regulations and policies normally protect the domain from being taken from you. However at the end of the day,|The answer is no, you don’t own your domain name outright, however policies and guidelines usually safeguard 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 leasing it from the domain registry and they have complete control over what happens with your domain name. I’ve spoken about this approved monopoly system before which you can learn more about in my “Domain FAQ” video but you don’t own your domain. It’s in fact impossible to own a standard domain. You may have noticed, I said traditional domain name since a company’s dealing with a 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 just believed this was really, truly cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain on blockchains and this is different than a conventional domain due to the fact that the domain is saved 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 suggests 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 secret, which is on your gadget, like your phone or your computer or whatever. – Today, when you go to purchase a domain you do not actually own it. You’re leasing it from a domain registrar like Namecheap and they’re leasing it at wholesale prices 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 take a domain at any provided time. Now, this is technically exceptionally unusual, however it is possible. And it raises an increasing issue with our internet, control. Brad calls this the power structure of a domain system. – We’re a registry comparable to like a Verisign. The power structure is very different since when we’ve sold you a domain there’s absolutely nothing that we can do. , if it’s a.com domain you’re trusting the pc registry not to change costs or take the domain away from you in the future.. Our domain are one-time charges, so you never ever have to stress over it. As soon as you buy a domain it’s more like purchasing a football from us. Like there’s absolutely nothing we can do. We can’t modify or update or take the football far from you once 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 offering our own domains at unstoppabledomains.com today. But there are a couple of others that you can buy them. You can go to MyEtherWallet, for instance, and you can buy them. Yeah, I think that’s something that’s going to develop. In terms of us getting started, it was a little easier for us to sort of handle the whole user experience and develop 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 enthusiasts. It’s an absolutely various domain name system, suggesting you can’t type craylor.crypto into your internet 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 system. To be honest, I still deal with a few of the concepts of cryptocurrency, and I’m not an expert in this area. Today we’re not focusing as much on the technical side of NFT domains however more on what it means for the future of the internet. The biggest bottleneck is that web web browsers Google Chrome, Safari, and Microsoft Edge have not yet executed assistance for NFT domains. Unstoppable Domains has an option for this, thanks to Cloudflare adding support for their domains.