Of a decentralized web…Unstoppable Domains Coinbase… do I really own my domain name outright?” Or, “Exist terms attached to my registration?” The response is no, you don’t own your domain name outright, but guidelines and policies generally secure the domain from being taken from you. At the end of the day,|The response is no, you don’t own your domain name outright, however regulations and policies generally secure the domain from being taken from you. At the end of the day,}
it is completely possible for your domain to be seized. You’re leasing it from the domain computer registry and they have complete control over what happens with your domain name. I’ve spoken about this approved monopoly system prior to which you can find out more about in my “Domain FAQ” video however you do not own your domain name. It’s really impossible to own a standard domain name. You might have observed, I said conventional domain because a business’s working on a brand-new kind of domain 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 just thought this was really, really cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain names on blockchains and this is different than a standard domain because the domain is stored 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 suggests 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.
– Right now, when you go to acquire a domain name you do not really own it. You’re leasing it from a domain registrar like Namecheap and they’re renting it at wholesale prices from the domain registry. If it’s a.com domain you’re trusting the windows registry not to change rates or take the domain away from you in the future.
– Of course a new type of domain name means that you can’t register.com,. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s an absolutely different domain name system, meaning you can’t type craylor.crypto into your browser and load it or can you?
In this case, a domain. Now I’m not claiming to understand all the technical specifics of this new domain system. To be honest, I still deal with some of the ideas of cryptocurrency, and I’m not a specialist in this area. However 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 web. The most significant traffic jam is that web web browsers Google Chrome, Safari, and Microsoft Edge have actually not yet carried out support for NFT domains. Unstoppable Domains has a solution for this, thanks to Cloudflare including assistance for their domains.