Find Amazon Registering Crypto Domains…and today I’m incredibly thrilled to explore this idea of a decentralized web. When it comes to domains and the principle of a decentralized web, many of you ask me, “Christian, do I in fact own my domain name outright?” Or, “Exist terms connected to my registration?” The answer is no, you do not own your domain name outright, but policies and guidelines generally safeguard 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 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 sanctioned monopoly system prior to which you can discover more about in my “Domain FAQ” video however you don’t own your domain. It’s in fact impossible to own a traditional domain. You may have seen, I stated standard domain name 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 opportunity to interview 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 builds domain names on blockchains and this is different than a conventional domain because the domain name is stored by you, the user within your cryptocurrency wallet. It’s kept inside of your wallet, just like a cryptocurrency would be. And what this does is it suggests 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 device, like your phone or your computer or whatever. – Today, when you go to purchase a domain you do not really own it. You’re renting it from a domain registrar like Namecheap and they’re renting it at wholesale pricing from the domain computer system registry. For.com domains that’s Verisign. Verisign holds the secrets to every single.com domain. Which indicates they have the power to take a domain name at any provided time. Now, this is technically very uncommon, but it is possible. And it raises a rising problem with our internet, control. Brad calls this the power structure of a domain system. – We’re a computer registry comparable to like a Verisign. The class structure is really 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 computer system registry not to alter prices or take the domain far from you in the future. Our domain names are one-time fees, so you never have to fret about it. As soon as you purchase a domain name it’s more like buying a football from us. Like there’s absolutely nothing we can do. As soon as you have it, we can’t update or edit or take the football away from you. In the traditional world, there’s a lot of these resellers. Therefore GoDaddy is a reseller for example of.com domains. We’re mostly offering our own domains at unstoppabledomains.com right now. But there are a number of others that you can buy them. You can go to MyEtherWallet, for instance, and you can purchase them. So, yeah, I believe that’s something that’s going to construct. In terms of us starting, it was a little much easier for us to sort of manage the whole user experience and build all these special tools.
– Of course a brand-new type of domain name implies that you can’t register.com,. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s a completely different domain name system, implying you can’t type craylor.crypto into your web 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 solution for this, thanks to Cloudflare including support for their domains.