Of a decentralized web…Nft Public Domain… do I actually own my domain name outright?” Or, “Are there specifications attached to my registration?” The answer is no, you do not own your domain name outright, but regulations and policies usually secure the domain from being taken from you. At the end of the day,|The answer is no, you do not own your domain name outright, but policies and guidelines generally secure the domain from being taken from you. At the end of the day,}
it is completely possible for your domain to be taken. You’re leasing it from the domain registry and they have full control over what occurs with your domain. I have actually talked about this approved monopoly system prior to which you can discover more about in my “Domain FAQ” video however you don’t own your domain. It’s actually difficult to own a conventional domain. You might have discovered, I stated conventional domain due to the fact that a company’s working on a brand-new kind of domain name that you can own outright. I had the possibility 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 actually, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain names on blockchains and this is various than a traditional domain since the domain name is stored by you, the user within your cryptocurrency wallet. So it’s stored inside of your wallet, just like a cryptocurrency would be. And what this does is it implies that no one else can move the domain around, take it away 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 key, which is on your gadget, like your phone or your computer or whatever. – Today, when you go to acquire a domain name you don’t actually own it. You’re leasing it from a domain registrar like Namecheap and they’re leasing it at wholesale rates from the domain windows registry. For.com domains that’s Verisign. Verisign holds the secrets to every single.com domain. And that indicates 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 an increasing issue with our internet, control. Brad calls this the class structure of a domain system. – We’re a windows registry similar to like a Verisign. The power structure is really various because once we have actually offered you a domain there’s nothing that we can do. If it’s a.com domain you’re relying on the windows registry not to change prices or take the domain away from you in the future. Our domain names are one-time charges, so you never ever need to worry about it. Once you buy a domain it’s more like purchasing a football from us. Like there’s nothing we can do. Once you have it, we can’t update or modify or take the football away from you. In the traditional world, there’s a lot of these resellers. And so GoDaddy is a reseller for example of.com domains. We’re primarily 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 purchase them. So, yeah, I believe that’s something that’s going to construct. In terms of us starting, it was a little simpler for us to sort of manage the entire user experience and build all these unique tools.
– Of course a new type of domain name suggests that you can’t register.com,. For now, Unstoppable Domains is catering to crypto lovers. It’s a totally different domain name system, indicating 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 declaring to comprehend all the technical specifics of this new domain name system. Unstoppable Domains has a service for this, thanks to Cloudflare adding assistance for their domains.