Of a decentralized web…Unstoppable Domains Investors… do I really own my domain name outright?” Or, “Exist stipulations attached to my registration?” The response is no, you do not own your domain name outright, however regulations and policies normally safeguard the domain from being drawn from you. At the end of the day,|The answer is no, you do not own your domain name outright, however policies and policies usually safeguard 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 renting it from the domain computer registry and they have full control over what happens with your domain name. I’ve spoken about this approved monopoly system before which you can find out more about in my “Domain FAQ” video however you don’t own your domain name. It’s really impossible to own a standard domain name. You may have noticed, I stated traditional domain name since 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 just believed this was actually, truly cool what Unstoppable Domains was doing. – So Unstoppable Domains builds domain on blockchains and this is various than a standard domain since the domain name is stored by you, the user inside of your cryptocurrency wallet. So it’s saved inside of your wallet, just like a cryptocurrency would be. And what this does is it indicates 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 actually own it. You’re renting it from a domain registrar like Namecheap and they’re renting it at wholesale pricing from the domain computer system registry. If it’s a.com domain you’re relying on the windows registry not to alter rates or take the domain away from you in the future.
– Of course a new type of domain name suggests that you can’t register.com,. For now, Unstoppable Domains is catering to crypto lovers. It’s a completely different domain name system, suggesting you can’t type craylor.crypto into your browser and load it or can you?
In this case, a domain. Now I’m not declaring to understand all the technical specifics of this new domain system. To be sincere, I still deal with some of the principles of cryptocurrency, and I’m not a specialist in this space. However today we’re not focusing as much on the technical side of NFT domains however more on what it means for the future of the internet. The biggest bottleneck is that web web browsers Google Chrome, Safari, and Microsoft Edge have actually not yet implemented support for NFT domains. Unstoppable Domains has a service for this, thanks to Cloudflare adding support for their domains.