Of a decentralized web…Medium Unstoppable Domains… do I really own my domain name outright?” Or, “Exist stipulations attached to my registration?” The response is no, you do not own your domain name outright, but policies and regulations typically protect the domain from being drawn from you. At the end of the day,|The response is no, you do not own your domain name outright, however regulations and policies normally safeguard the domain from being taken from you. At the end of the day,}
it is entirely possible for your domain name to be taken. You’re leasing it from the domain pc registry and they have full control over what occurs with your domain name. I’ve talked about this approved monopoly system before which you can discover more about in my “Domain FAQ” video but you do not own your domain. It’s really difficult to own a standard domain. You may have observed, I stated traditional domain because a business’s working on a new kind of domain name 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 really, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain names on blockchains and this is different than a conventional domain because the domain name 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 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, no one can do it.
They require to go and get your private key, 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 renting it from a domain registrar like Namecheap and they’re renting 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 means they have the power to take a domain name at any given time. Now, this is technically exceptionally rare, however it is possible. And it raises a rising problem with our internet, control. Brad calls this the class structure of a domain system. – We’re a windows registry similar to like a Verisign. Due to the fact that as soon as we have actually sold you a domain there’s absolutely nothing that we can do, the power structure is extremely various. If it’s a.com domain you’re trusting the computer system registry not to alter costs or take the domain away from you in the future. Our domain are one-time charges, so you never have to fret about it. Once you buy a domain name it’s more like purchasing a football from us. Like there’s absolutely nothing we can do. Once you have it, we can’t edit or update or take the football away from you. In the conventional world, there’s a great deal of these resellers. Therefore 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 buy them. Yeah, I believe that’s something that’s going to build. In regards to us starting, it was a little much easier for us to type of manage the entire user experience and build all these unique tools.
– Of course a brand-new type of domain name indicates that you can’t register.com,. For now, Unstoppable Domains is catering to crypto lovers. It’s a completely different domain name system, indicating you can’t type craylor.crypto into your internet browser and load it or can you?
In this case, a domain. Now I’m not declaring to comprehend all the technical specifics of this brand-new domain name system. To be honest, I still deal with a few of the concepts of cryptocurrency, and I’m not a professional in this space. However today we’re not focusing as much on the technical side of NFT domains but more on what it implies for the future of the internet. The biggest bottleneck is that web browsers Google Chrome, Safari, and Microsoft Edge have actually not yet carried out support for NFT domains. Unstoppable Domains has a solution for this, thanks to Cloudflare including support for their domains.