Find A Novel Blockchain Based Cross Domain Authentication Scheme…The answer is no, you don’t own your domain name outright, however policies and guidelines typically secure the domain from being taken from you. At the end of the day,
it is totally possible for your domain to be taken. You’re leasing it from the domain registry and they have full control over what happens with your domain name. I have actually talked about this approved monopoly system before which you can discover more about in my “Domain frequently asked question” video but you don’t own your domain name. It’s actually difficult to own a traditional domain. You may have seen, I said standard 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 opportunity 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 truly, truly cool what Unstoppable Domains was doing. – So Unstoppable Domains builds domain on blockchains and this is various than a standard domain due to the fact that the domain name is kept by you, the user inside of your cryptocurrency wallet. It’s kept inside of your wallet, simply like a cryptocurrency would be. And what this does is it indicates 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.
– Right now, when you go to acquire a domain name you do not actually own it. You’re leasing it from a domain registrar like Namecheap and they’re leasing it at wholesale rates from the domain windows registry. If it’s a.com domain you’re relying on the computer registry not to change costs 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 enthusiasts. It’s a totally various domain name system, meaning you can’t type craylor.crypto into your internet browser and load it or can you?
In this case, a domain name. Now I’m not claiming to understand all the technical specifics of this new domain name system. Unstoppable Domains has a service for this, thanks to Cloudflare adding support for their domains.