Of a decentralized web…Unstoppable Domains Promo Credits… do I actually own my domain name outright?” Or, “Are there stipulations connected to my registration?” The answer is no, you do not own your domain name outright, however policies and guidelines normally safeguard the domain from being taken from you. At the end of the day,|The response is no, you do not own your domain name outright, however policies and policies usually secure the domain from being taken from you. At the end of the day,}
it is entirely possible for your domain name to be seized. You’re leasing it from the domain computer registry and they have complete control over what occurs with your domain. I’ve talked about this approved monopoly system prior to which you can find out more about in my “Domain frequently asked question” video however you don’t own your domain. It’s really impossible to own a conventional domain. You may have noticed, I said traditional domain due to the fact that a business’s working on a brand-new kind of domain that you can own outright. I had the possibility 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 just thought this was really, really cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain on blockchains and this is different than a traditional domain because the domain is saved by you, the user within your cryptocurrency wallet. So it’s saved inside of your wallet, much like a cryptocurrency would be. And what this does is it suggests 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 require 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 purchase a domain name you do not in fact own it. You’re renting it from a domain registrar like Namecheap and they’re renting it at wholesale prices from the domain registry. For.com domains that’s Verisign. Verisign holds the secrets to every single.com domain. And that means they have the power to take a domain at any offered time. Now, this is technically very unusual, but 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 registry similar to like a Verisign. Because when we’ve sold 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 trusting the computer system registry not to alter rates 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. When you buy a domain it’s more like purchasing a football from us. Like there’s absolutely nothing we can do. When you have it, we can’t upgrade or modify or take the football away from you. In the standard world, there’s a lot of these resellers. Therefore GoDaddy is a reseller for instance of.com domains. We’re mainly selling our own domains at unstoppabledomains.com today. There are a couple of others that you can purchase them. You can go to MyEtherWallet, for instance, and you can buy them. Yeah, I believe that’s something that’s going to construct. In terms of us beginning, it was a little much easier for us to kind of handle the entire user experience and build all these unique tools.
But if you were to like, you know imagine what things are going to be like in five to ten years. Yeah, there need to be lots of different sellers and resellers and things like that. – Naturally a new type of domain name means that you can’t register.com,. co,. net or any of the basic TLDs you’re used to seeing. Now Unstoppable Domains is beginning with.crypto. Not a TLD you ‘d consider being an ideal suitable for your blog or organization but we could see some generic TLDs being offered in the future. In the meantime, Unstoppable Domains is accommodating crypto enthusiasts. It’s a totally different domain system, indicating you can’t type craylor.crypto into your browser and load it or can you? See these crypto domains are NFT products. You have actually most likely seen this term turn up all over recently. Non-fungible tokens are systems of data on a ledger, that is the blockchain and they represent a distinct digital product.
In this case, a domain name. Now I’m not claiming to comprehend all the technical specifics of this brand-new domain name system. Unstoppable Domains has a service for this, thanks to Cloudflare adding assistance for their domains.