Find Bitcoin Dominance La Gi…The answer is no, you do not own your domain name outright, but policies and guidelines usually 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 computer system registry and they have complete control over what occurs with your domain name. I’ve talked about this approved monopoly system prior to which you can discover more about in my “Domain FAQ” video but you don’t own your domain. It’s in fact difficult to own a traditional domain name. You might have seen, I stated traditional domain because a company’s working on a new type of domain name 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 just thought this was actually, truly cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain on blockchains and this is different than a traditional domain since 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 means 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, no one can do it.
They need to go and get your private secret, which is on your gadget, like your phone or your computer system or whatever. – Right now, when you go to acquire a domain you don’t really own it. You’re leasing it from a domain registrar like Namecheap and they’re leasing it at wholesale prices from the domain registry. For.com domains that’s Verisign. Verisign holds the keys to every single.com domain. Which implies they have the power to seize a domain name at any given time. Now, this is technically extremely unusual, but it is possible. And it brings up an increasing issue with our internet, control. Brad calls this the power structure of a domain name system. – We’re a computer system registry similar to like a Verisign. Because once we have actually sold you a domain there’s absolutely nothing that we can do, the power structure is extremely various. If it’s a.com domain you’re trusting the computer registry not to change rates or take the domain away from you in the future. Our domain are one-time costs, so you never ever have to stress over it. Once you buy a domain name it’s more like purchasing a football from us. Like there’s absolutely nothing we can do. We can’t upgrade or edit or take the football far from you as soon as you have it. In the conventional world, there’s a lot of these resellers. And so GoDaddy is a reseller for example 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. So, yeah, I think that’s something that’s going to develop. In terms of us beginning, it was a little simpler for us to type of manage the whole user experience and build all these special tools.
– Of course a brand-new type of domain name indicates that you can’t register.com,. For now, Unstoppable Domains is catering to crypto lovers. It’s a totally various domain name system, meaning 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 brand-new domain name system. Unstoppable Domains has a solution for this, thanks to Cloudflare including support for their domains.