Of a decentralized web…Unstoppable Domains Ethereum… do I actually own my domain name outright?” Or, “Exist specifications attached to my registration?” The response is no, you do not own your domain name outright, but policies and regulations usually safeguard the domain from being drawn from you. But at the end of the day,|The response is no, you do not own your domain name outright, but policies and policies generally secure the domain from being taken from you. At the end of the day,}
it is entirely possible for your domain to be seized. You’re leasing it from the domain registry and they have complete control over what happens with your domain. I have actually talked about this sanctioned monopoly system prior to which you can find out more about in my “Domain frequently asked question” video but you don’t own your domain. It’s actually difficult to own a traditional domain. You may have discovered, I stated traditional domain because a company’s working on a new type 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 actually, really cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain on blockchains and this is various than a standard domain because the domain is saved by you, the user inside of your cryptocurrency wallet. It’s kept inside of your wallet, simply like a cryptocurrency would be. And what this does is it indicates that nobody 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 personal secret, which is on your gadget, like your phone or your computer or whatever. – Today, when you go to buy a domain name you do not really own it. You’re renting it from a domain registrar like Namecheap and they’re leasing it at wholesale pricing from the domain registry. For.com domains that’s Verisign. Verisign holds the keys to every single.com domain. Which suggests they have the power to take a domain at any provided time. Now, this is technically very uncommon, but it is possible. And it brings up an increasing problem with our web, control. Brad calls this the class structure of a domain system. – We’re a computer registry comparable to like a Verisign. Due to the fact that when we have actually sold you a domain there’s nothing that we can do, the power structure is very various. , if it’s a.com domain you’re relying on the pc registry not to alter costs or take the domain away from you in the future.. Our domain are one-time fees, so you never ever need to stress over it. As soon as you buy a domain name it’s more like buying a football from us. Like there’s absolutely nothing we can do. We can’t update or modify or take the football far from you as soon as you have it. In the traditional world, there’s a great deal of these resellers. Therefore GoDaddy is a reseller for instance of.com domains. We’re mainly offering 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 example, and you can purchase 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 sort of handle the entire user experience and develop all these unique tools.
– Of course a new type of domain name indicates that you can’t register.com,. For now, Unstoppable Domains is catering to crypto lovers. It’s a completely different domain name system, indicating 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 comprehend all the technical specifics of this brand-new domain system. To be truthful, I still struggle with some of the principles of cryptocurrency, and I’m not an expert in this area. However today we’re not focusing as much on the technical side of NFT domains however more on what it suggests for the future of the web. The most significant traffic jam is that internet browsers Google Chrome, Safari, and Microsoft Edge have actually not yet implemented assistance for NFT domains. Unstoppable Domains has a service for this, thanks to Cloudflare adding support for their domains.