Find Bitcoin Related Domain Name…The answer is no, you don’t own your domain name outright, but policies and policies typically secure the domain from being taken from you. At the end of the day,
it is completely possible for your domain name to be taken. You’re leasing it from the domain pc registry and they have full control over what happens with your domain. I have actually discussed this sanctioned monopoly system before which you can learn more about in my “Domain frequently asked question” video but you don’t own your domain. It’s in fact difficult to own a traditional domain name. You might have observed, I stated standard domain name because a business’s working on a new kind of domain name that you can own outright. I had the possibility 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, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain names on blockchains and this is different than a conventional domain due to the fact that the domain 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 means 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, nobody 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 do not in fact 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. And that means they have the power to seize a domain at any provided time. Now, this is technically very rare, however it is possible. And it raises a rising issue with our internet, control. Brad calls this the class structure of a domain name system. – We’re a computer registry comparable to like a Verisign. The class structure is really different due to the fact that as soon as we’ve sold you a domain there’s nothing that we can do. , if it’s a.com domain you’re relying on the pc registry not to change costs or take the domain away from you in the future.. Our domain names are one-time charges, so you never ever have to stress over it. As soon as you buy a domain name it’s more like purchasing a football from us. Like there’s absolutely nothing we can do. As soon as you have it, we can’t update or modify or take the football away from you. In the conventional world, there’s a lot of these resellers. And so GoDaddy is a reseller for instance of.com domains. We’re mainly offering our own domains at unstoppabledomains.com right now. There are a couple of others that you can purchase them. You can go to MyEtherWallet, for instance, and you can purchase them. So, yeah, I think that’s something that’s going to construct. In terms of us getting going, it was a little easier for us to kind of handle the whole user experience and build all these unique 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 enthusiasts. It’s a completely various domain name system, indicating you can’t type craylor.crypto into your 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 an option for this, thanks to Cloudflare including assistance for their domains.