Namecoin Ann – No Renewal Fees Ever

Of a decentralized web…Namecoin Ann… do I really own my domain name outright?” Or, “Are there terms attached to my registration?” The answer is no, you do not own your domain name outright, but policies and policies normally secure the domain from being drawn from you. At the end of the day,|The answer is no, you do not own your domain name outright, however 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 computer system registry and they have full control over what happens with your domain. I’ve talked about this sanctioned monopoly system prior to which you can learn more about in my “Domain frequently asked question” video but you don’t own your domain. It’s actually impossible to own a conventional domain name. You might have seen, I said conventional domain due to the fact that a business’s dealing with a brand-new kind of domain name 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 simply thought this was truly, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain on blockchains and this is various than a standard domain since the domain is saved by you, the user inside of your cryptocurrency wallet. It’s kept inside of your wallet, simply 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 personal key, which is on your gadget, like your phone or your computer system or whatever. – Today, when you go to purchase a domain name 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 keys to every single.com domain. And that implies they have the power to take a domain at any provided time. Now, this is technically extremely uncommon, but it is possible. And it raises an increasing issue with our internet, control. Brad calls this the power structure of a domain name system. – We’re a computer system registry comparable to like a Verisign. The class 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 registry not to change prices or take the domain away from you in the future.. Our domain names are one-time costs, so you never need to worry about it. As soon as you purchase a domain it’s more like buying a football from us. Like there’s nothing we can do. Once you have it, we can’t modify or update or take the football away from you. In the traditional world, there’s a lot of these resellers. Therefore GoDaddy is a reseller for example of.com domains. We’re mainly selling our own domains at unstoppabledomains.com right now. There are a couple of others that you can purchase them. You can go to MyEtherWallet, for instance, and you can purchase them. So, yeah, I believe that’s something that’s going to construct. In regards to us getting going, it was a little much easier for us to kind of manage the whole user experience and develop all these unique tools.

If you were to like, you understand envision what things are going to be like in five to 10 years. Yeah, there need to be lots of different sellers and resellers and things like that. – Naturally a new type of domain implies that you can’t register.com,. co,. net or any of the standard TLDs you’re utilized to seeing. Now Unstoppable Domains is beginning with.crypto. Not a TLD you ‘d consider being an ideal suitable for your blog or organization but we might see some generic TLDs being offered in the future. In the meantime, Unstoppable Domains is catering to crypto lovers. It’s a completely different domain name system, suggesting you can’t type craylor.crypto into your browser and load it or can you? See these crypto domains are NFT products. You’ve most likely seen this term appear everywhere just recently. Non-fungible tokens are systems of data on a ledger, that is the blockchain and they represent an unique digital product.

In this case, a domain. Now I’m not declaring to understand all the technical specifics of this new domain name system. To be sincere, I still have problem with some of the principles of cryptocurrency, and I’m not a specialist in this area. 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 most significant traffic jam is that internet browsers Google Chrome, Safari, and Microsoft Edge have not yet executed support for NFT domains. Unstoppable Domains has a solution for this, thanks to Cloudflare adding assistance for their domains.