Of a decentralized web…Unstoppable Domains Mint… do I in fact own my domain name outright?” Or, “Are there terms attached to my registration?” The response is no, you don’t own your domain name outright, but policies and policies usually protect the domain from being drawn from you. However at the end of the day,|The response is no, you do not own your domain name outright, however policies and policies normally secure the domain from being taken from you. At the end of the day,}
it is entirely possible for your domain name to be taken. You’re leasing it from the domain pc registry and they have complete control over what occurs with your domain name. I have actually spoken about this approved monopoly system prior to which you can find out more about in my “Domain frequently asked question” video however you do not own your domain. It’s actually difficult to own a conventional domain name. You might have observed, I stated standard domain name due to the fact that a company’s working on a brand-new type of domain that you can own outright. I had the opportunity 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 believed this was actually, really cool what Unstoppable Domains was doing. – So Unstoppable Domains builds domain on blockchains and this is various 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 stored within your wallet, similar to a cryptocurrency would be. And what this does is it indicates that nobody else can move the domain around, take it far from you, make updates to the domain, anything. Unstoppable Domains can’t do it, no one can do it.
They need to go and get your personal key, which is on your gadget, like your phone or your computer system or whatever. – Today, when you go to buy a domain you don’t in fact own it. You’re leasing it from a domain registrar like Namecheap and they’re leasing it at wholesale rates from the domain registry. For.com domains that’s Verisign. Verisign holds the keys to every single.com domain. Which indicates they have the power to take a domain name at any offered time. Now, this is technically extremely uncommon, however it is possible. And it raises a rising issue with our internet, control. Brad calls this the power structure of a domain name system. – We’re a registry similar to like a Verisign. Because once we have actually offered 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 windows registry not to alter rates or take the domain away from you in the future. Our domain names are one-time charges, so you never ever need to worry about it. When you buy a domain name it’s more like buying a football from us. Like there’s nothing we can do. When you have it, we can’t modify or update or take the football away from you. In the conventional world, there’s a lot of these resellers. Therefore GoDaddy is a reseller for example of.com domains. We’re mostly selling our own domains at unstoppabledomains.com right now. There are a couple of others that you can purchase them. You can go to MyEtherWallet, for example, and you can buy them. So, yeah, I believe that’s something that’s going to build. In regards to us beginning, it was a little easier for us to type of manage the entire user experience and develop all these unique tools.
– Of course a brand-new type of domain name indicates that you can’t register.com,. For now, Unstoppable Domains is catering to crypto lovers. It’s an absolutely various domain name system, indicating you can’t type craylor.crypto into your browser and load it or can you?
In this case, a domain name. Now I’m not declaring to understand all the technical specifics of this new domain system. To be honest, I still fight with some of the ideas of cryptocurrency, and I’m not an expert in this space. Today we’re not focusing as much on the technical side of NFT domains but more on what it suggests for the future of the web. The most significant bottleneck is that web browsers Google Chrome, Safari, and Microsoft Edge have actually not yet implemented support for NFT domains. Unstoppable Domains has a solution for this, thanks to Cloudflare including support for their domains.