Of a decentralized web…Unstoppable Domains Gemini… do I in fact own my domain name outright?” Or, “Exist stipulations attached to my registration?” The response is no, you do not own your domain name outright, but policies and policies usually safeguard the domain from being taken from you. However at the end of the day,|The answer is no, you do not own your domain name outright, but policies and policies usually safeguard 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 pc registry and they have complete control over what happens with your domain name. I’ve discussed this sanctioned monopoly system prior to which you can learn more about in my “Domain frequently asked question” video however you do not own your domain. It’s really difficult to own a conventional domain name. You may have discovered, I said conventional domain due to the fact that a business’s working on a new kind of domain 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 just believed this was really, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain names on blockchains and this is different than a conventional domain due to the fact that the domain name is stored by you, the user within your cryptocurrency wallet. So it’s kept inside of your wallet, much 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, no one 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. – Right now, when you go to buy a domain name you do not in fact own it. You’re leasing it from a domain registrar like Namecheap and they’re leasing it at wholesale pricing from the domain computer system registry. For.com domains that’s Verisign. Verisign holds the keys to every single.com domain. And that suggests they have the power to take a domain name at any given time. Now, this is technically incredibly rare, however it is possible. And it brings up an increasing issue with our web, control. Brad calls this the class structure of a domain system. – We’re a computer system registry similar to like a Verisign. Since when we have actually sold you a domain there’s absolutely nothing that we can do, the power structure is really various. , if it’s a.com domain you’re trusting the windows registry not to alter prices or take the domain away from you in the future.. Our domain are one-time costs, so you never ever need to stress over it. Once you buy a domain name it’s more like purchasing a football from us. Like there’s absolutely nothing we can do. We can’t edit or update or take the football away from you as soon as you have it. In the standard world, there’s a lot of these resellers. And so GoDaddy is a reseller for example of.com domains. We’re primarily selling 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. Yeah, I believe that’s something that’s going to develop. In terms of us beginning, it was a little easier for us to type of manage the whole user experience and construct all these unique tools.
– Of course a new type of domain name means that you can’t register.com,. For now, Unstoppable Domains is catering to crypto lovers. It’s an absolutely different domain name system, meaning you can’t type craylor.crypto into your internet 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 new domain system. To be sincere, I still battle with a few of the principles of cryptocurrency, and I’m not a specialist in this space. 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 bottleneck is that internet browsers Google Chrome, Safari, and Microsoft Edge have not yet carried out assistance for NFT domains. Unstoppable Domains has a solution for this, thanks to Cloudflare including support for their domains.