Putting Public Domain Blockchain – No Renewal Fees Ever

Of a decentralized web…Putting Public Domain Blockchain… do I actually 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 policies and regulations typically protect the domain from being drawn from you. But at the end of the day,|The answer is no, you do not own your domain name outright, however policies and guidelines usually secure the domain from being taken from you. At the end of the day,}

it is completely possible for your domain name to be seized. You’re renting it from the domain computer system registry and they have full control over what occurs with your domain. I’ve talked about this sanctioned 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 impossible to own a traditional domain name. You may have observed, I stated standard domain name due to the fact that a company’s working on a new type of domain 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 believed this was truly, really cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain names on blockchains and this is different than a standard domain since the domain name is stored by you, the user within 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, nobody 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 acquire a domain 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 computer registry. For.com domains that’s Verisign. Verisign holds the secrets to every single.com domain. Which means they have the power to take a domain name at any offered time. Now, this is technically exceptionally rare, however it is possible. And it brings up an increasing problem with our internet, control. Brad calls this the class structure of a domain system. – We’re a registry similar to like a Verisign. Due to the fact that once we have actually sold you a domain there’s nothing that we can do, the power structure is really various. If it’s a.com domain you’re trusting the computer registry not to alter rates or take the domain away from you in the future. Our domain names are one-time costs, so you never have to worry about it. Once you buy a domain it’s more like buying a football from us. Like there’s nothing we can do. When you have it, we can’t update or edit or take the football away from you. In the standard world, there’s a lot of these resellers. And so GoDaddy is a reseller for instance 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 instance, and you can buy them. So, yeah, I think that’s something that’s going to build. In terms of us getting going, it was a little simpler for us to kind of manage the whole user experience and construct all these unique tools.

But if you were to like, you understand envision what things are going to resemble in five to ten years. Yeah, there must be great deals of different sellers and resellers and things like that. – Of course a brand-new kind of domain name means that you can’t register.com,. co,. net or any of the standard TLDs you’re utilized to seeing. Now Unstoppable Domains is starting with.crypto. Not a TLD you ‘d think of as being an ideal fit for your blog or organization however we could see some generic TLDs being offered in the future. In the meantime, Unstoppable Domains is accommodating crypto enthusiasts. It’s a totally various domain name system, indicating you can’t type craylor.crypto into your web browser and load it or can you? See these crypto domains are NFT products. You have actually most likely seen this term pop up all over recently. Non-fungible tokens are systems of information on a journal, that is the blockchain and they represent an unique digital item.

In this case, a domain name. Now I’m not claiming to comprehend all the technical specifics of this brand-new domain name system. Unstoppable Domains has a service for this, thanks to Cloudflare adding support for their domains.