Of a decentralized web…Namecoin Ethereum… do I in fact own my domain name outright?” Or, “Are there terms attached to my registration?” The answer is no, you don’t own your domain name outright, but guidelines and policies normally secure 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 policies and policies typically safeguard the domain from being taken from you. At the end of the day,}
it is entirely possible for your domain name to be seized. You’re leasing it from the domain pc registry and they have complete control over what occurs with your domain. I’ve discussed this approved monopoly system before which you can discover more about in my “Domain FAQ” video however you do not own your domain name. It’s in fact impossible to own a conventional domain name. You may have seen, I said conventional domain name due to the fact that a company’s working on a new kind of domain name that you can own outright. I had the opportunity to interview 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 actually, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains builds domain on blockchains and this is different than a conventional domain due to the fact that the domain name is stored by you, the user inside of your cryptocurrency wallet. So it’s saved within your wallet, similar to 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 require to go and get your private key, which is on your device, like your phone or your computer system or whatever. – Today, when you go to acquire a domain you do not really own it. You’re leasing it from a domain registrar like Namecheap and they’re renting it at wholesale rates from the domain registry. For.com domains that’s Verisign. Verisign holds the keys to every single.com domain. And that indicates they have the power to seize a domain at any offered time. Now, this is technically exceptionally unusual, but it is possible. And it brings up a rising problem with our internet, control. Brad calls this the power structure of a domain name system. – We’re a pc registry similar to like a Verisign. Since as soon as we have actually sold you a domain there’s absolutely nothing that we can do, the power structure is really different. If it’s a.com domain you’re relying on the registry not to alter costs or take the domain away from you in the future. Our domain are one-time costs, so you never have to worry about it. Once you purchase a domain it’s more like buying a football from us. Like there’s nothing we can do. We can’t edit or update 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 mainly selling our own domains at unstoppabledomains.com today. However there are a number of others that you can buy them. You can go to MyEtherWallet, for instance, and you can purchase them. Yeah, I think 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 handle the entire user experience and construct all these special tools.
– Of course a brand-new type of domain name suggests that you can’t register.com,. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s a completely various domain name system, meaning you can’t type craylor.crypto into your web browser and load it or can you?
In this case, a domain name. Now I’m not claiming to comprehend all the technical specifics of this new domain name system. Unstoppable Domains has a solution for this, thanks to Cloudflare including assistance for their domains.