Find Bitcoin Address Domain…and today I’m super thrilled to explore this concept of a decentralized web. So when it comes to domains and the idea of a decentralized web, many of you ask me, “Christian, do I in fact own my domain name outright?” Or, “Are there terms connected to my registration?” The answer is no, you do not own your domain name outright, but regulations and policies usually secure the domain from being drawn 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 registry and they have full control over what happens with your domain. I have actually spoken about this sanctioned monopoly system before which you can find out more about in my “Domain frequently asked question” video however you don’t own your domain name. It’s really impossible to own a standard domain name. You may have observed, I stated standard domain since a company’s working on a new kind of domain 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 just thought this was actually, truly cool what Unstoppable Domains was doing. – So Unstoppable Domains builds domain names on blockchains and this is various than a standard domain because the domain name is stored by you, the user inside of your cryptocurrency wallet. So it’s kept inside of your wallet, similar to a cryptocurrency would be. And what this does is it suggests 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 need to go and get your private key, which is on your gadget, like your phone or your computer or whatever. – Today, when you go to buy a domain name you don’t actually own it. You’re renting it from a domain registrar like Namecheap and they’re renting it at wholesale rates from the domain windows 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 incredibly unusual, however it is possible. And it raises an increasing issue with our web, control. Brad calls this the power structure of a domain system. – We’re a computer registry similar to like a Verisign. The power structure is extremely various due to the fact that when we’ve sold you a domain there’s nothing that we can do. , if it’s a.com domain you’re trusting the computer system registry not to change prices or take the domain away from you in the future.. Our domain names are one-time costs, so you never have to fret about it. Once you purchase a domain it’s more like buying a football from us. Like there’s absolutely nothing we can do. We can’t upgrade or modify or take the football away from you as soon as you have it. In the conventional world, there’s a great deal 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 buy them. You can go to MyEtherWallet, for example, and you can purchase them. Yeah, I believe that’s something that’s going to construct. In regards to us getting going, it was a little simpler for us to kind of handle the whole user experience and develop all these unique 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 various domain name system, indicating 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 solution for this, thanks to Cloudflare adding assistance for their domains.