Of a decentralized web…Unstoppable Domains Wallet… do I really own my domain name outright?” Or, “Exist terms connected to my registration?” The answer is no, you don’t own your domain name outright, but policies and policies typically protect the domain from being taken from you. But at the end of the day,|The answer is no, you do not own your domain name outright, but regulations and policies usually safeguard the domain from being taken from you. At the end of the day,}
it is completely possible for your domain name to be seized. You’re renting it from the domain windows registry and they have complete control over what happens with your domain. I have actually spoken about this sanctioned monopoly system prior to which you can discover more about in my “Domain FAQ” video but you do not own your domain name. It’s really impossible to own a standard domain. You may have noticed, I stated conventional domain name because a business’s working on a new kind of domain name that you can own outright. I had the chance 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 thought this was really, really cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain names on blockchains and this is various than a traditional domain because the domain name is kept by you, the user inside of your cryptocurrency wallet. It’s stored inside of your wallet, simply like a cryptocurrency would be. And what this does is it implies 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.
They need to go and get your personal secret, which is on your gadget, like your phone or your computer or whatever. – Right now, when you go to buy a domain you don’t actually own it. You’re renting it from a domain registrar like Namecheap and they’re renting it at wholesale prices from the domain pc registry. For.com domains that’s Verisign. Verisign holds the keys to every single.com domain. And that means they have the power to seize a domain name at any offered time. Now, this is technically extremely rare, but it is possible. And it raises an increasing problem with our web, control. Brad calls this the power structure of a domain system. – We’re a registry comparable to like a Verisign. The power structure is very different due to the fact that when we’ve sold you a domain there’s absolutely nothing that we can do. , 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 charges, so you never have to stress over it. As soon as you purchase a domain it’s more like buying a football from us. Like there’s nothing we can do. We can’t edit or upgrade or take the football away from you once you have it. In the traditional world, there’s a great deal of these resellers. Therefore GoDaddy is a reseller for instance of.com domains. We’re primarily selling our own domains at unstoppabledomains.com today. But there are a couple of others that you can buy them. You can go to MyEtherWallet, for instance, and you can buy them. Yeah, I think that’s something that’s going to develop. In regards to us starting, it was a little much easier for us to kind of handle the whole user experience and build all these special tools.
– Of course a brand-new type of domain name means that you can’t register.com,. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s an absolutely different domain name system, indicating you can’t type craylor.crypto into your web browser and load it or can you?
In this case, a domain. Now I’m not declaring to comprehend all the technical specifics of this brand-new domain system. To be truthful, I still struggle with a few of the concepts of cryptocurrency, and I’m not an expert in this area. However 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 internet. The most significant traffic jam is that internet browsers Google Chrome, Safari, and Microsoft Edge have actually not yet executed assistance for NFT domains. Unstoppable Domains has a solution for this, thanks to Cloudflare adding assistance for their domains.