Of a decentralized web…Unstoppable Domains Not Working… do I really own my domain name outright?” Or, “Are there specifications connected to my registration?” The response is no, you do not own your domain name outright, but policies and regulations normally safeguard the domain from being drawn from you. However at the end of the day,|The response is no, you don’t own your domain name outright, but guidelines and policies usually secure the domain from being taken from you. At the end of the day,}
it is totally possible for your domain to be seized. You’re renting it from the domain computer registry and they have full control over what occurs with your domain name. I’ve discussed this sanctioned monopoly system before which you can learn more about in my “Domain frequently asked question” video but you do not own your domain name. It’s actually impossible to own a standard domain. You might have noticed, I said conventional domain due to the fact that a business’s dealing with a brand-new kind of domain name 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 simply believed this was actually, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain on blockchains and this is different than a standard domain since the domain name is stored by you, the user within your cryptocurrency wallet. So it’s kept inside of your wallet, just 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, nobody can do it.
They require to go and get your private secret, which is on your device, like your phone or your computer or whatever. – Right now, when you go to purchase a domain name you don’t actually own it. You’re renting it from a domain registrar like Namecheap and they’re leasing it at wholesale prices from the domain pc 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 name at any provided time. Now, this is technically incredibly unusual, but it is possible. And it brings up an increasing problem with our internet, control. Brad calls this the class structure of a domain system. – We’re a computer system registry comparable to like a Verisign. The power structure is extremely various due to the fact that when we have actually offered you a domain there’s nothing that we can do. If it’s a.com domain you’re trusting the windows registry not to alter costs or take the domain away from you in the future. Our domain names are one-time fees, so you never have to worry about it. As soon as 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 upgrade or edit or take the football far from you once you have it. In the traditional world, there’s a great deal of these resellers. And so GoDaddy is a reseller for example of.com domains. We’re primarily selling our own domains at unstoppabledomains.com right now. But there are a couple 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 develop. In terms of us beginning, it was a little easier for us to kind of manage the entire user experience and build all these special tools.
If you were to like, you understand imagine what things are going to be like in five to 10 years. Yeah, there ought to be great deals of different sellers and resellers and things like that. – Of course a new kind of domain suggests that you can’t register.com,. co,. net or any of the standard TLDs you’re utilized to seeing. Right now Unstoppable Domains is beginning with.crypto. Not a TLD you ‘d consider being an ideal fit for your blog site or business however we could see some generic TLDs being used in the future. In the meantime, Unstoppable Domains is dealing with crypto enthusiasts. It’s a totally different domain system, indicating you can’t type craylor.crypto into your web browser and load it or can you? See these crypto domains are NFT items. You have actually probably seen this term pop up all over just recently. Non-fungible tokens are systems of information on a ledger, that is the blockchain and they represent a special digital item.
In this case, a domain name. Now I’m not declaring to understand all the technical specifics of this new domain name system. Unstoppable Domains has a solution for this, thanks to Cloudflare adding support for their domains.