Of a decentralized web…Slushpool Namecoin Processing… do I really own my domain name outright?” Or, “Are there stipulations attached to my registration?” The response is no, you do not own your domain name outright, but policies and policies generally safeguard the domain from being taken from you. However at the end of the day,|The response is no, you don’t own your domain name outright, however policies and policies typically protect 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 leasing it from the domain computer registry and they have full control over what happens with your domain. I have actually discussed this sanctioned monopoly system prior to which you can find out more about in my “Domain FAQ” video however you don’t own your domain name. It’s in fact difficult to own a traditional domain. You may have discovered, I said conventional domain because a business’s working on a brand-new type of domain that you can own outright. I had the possibility 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 simply thought this was really, really cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain names on blockchains and this is various than a conventional domain since the domain name is kept by you, the user inside of your cryptocurrency wallet. It’s stored inside of your wallet, simply like a cryptocurrency would be. And what this does is it indicates 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, no one can do it.
They require to go and get your private key, which is on your device, like your phone or your computer 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 renting it at wholesale pricing from the domain computer registry. For.com domains that’s Verisign. Verisign holds the secrets to every single.com domain. And that means they have the power to seize a domain name at any offered time. Now, this is technically exceptionally uncommon, but it is possible. And it brings up a rising issue with our web, control. Brad calls this the class structure of a domain system. – We’re a computer registry similar to like a Verisign. Due to the fact that once we have actually sold you a domain there’s absolutely nothing that we can do, the power structure is very different. , if it’s a.com domain you’re relying on the registry not to change costs or take the domain away from you in the future.. Our domain names are one-time fees, so you never ever need to fret about it. As soon as you buy a domain name it’s more like purchasing a football from us. Like there’s nothing we can do. We can’t edit or upgrade or take the football far from you once you have it. In the standard world, there’s a lot of these resellers. And so GoDaddy is a reseller for instance of.com domains. We’re primarily selling our own domains at unstoppabledomains.com right now. However there are a number of others that you can buy them. You can go to MyEtherWallet, for instance, and you can purchase them. So, yeah, I think that’s something that’s going to build. In regards to us getting going, it was a little simpler for us to kind of manage the entire user experience and construct all these special tools.
But if you were to like, you understand envision what things are going to resemble in 5 to 10 years. Yeah, there should be lots of different sellers and resellers and things like that. – Obviously a brand-new type of domain means that you can’t register.com,. co,. net or any of the basic TLDs you’re used to seeing. Now Unstoppable Domains is starting with.crypto. Not a TLD you ‘d think of as being a perfect fit for your blog or organization however we might see some generic TLDs being used in the future. For now, Unstoppable Domains is dealing with crypto lovers. It’s a totally various domain name system, indicating you can’t type craylor.crypto into your internet browser and load it or can you? See these crypto domains are NFT items. You’ve most likely seen this term appear everywhere just recently. Non-fungible tokens are units of data on a ledger, that is the blockchain and they represent an unique digital product.
In this case, a domain name. Now I’m not claiming to understand all the technical specifics of this new domain name system. Unstoppable Domains has an option for this, thanks to Cloudflare including assistance for their domains.