Find Bitminter Namecoins Address…and today I’m super thrilled to explore this concept of a decentralized web. When it comes to domains and the idea of a decentralized web, many of you ask me, “Christian, do I actually own my domain name outright?” Or, “Exist terms connected to my registration?” The answer is no, you don’t own your domain name outright, however policies and policies typically safeguard the domain from being taken from you. However at the end of the day,
You’re leasing it from the domain registry and they have complete control over what happens with your domain name. You may have observed, I stated traditional domain name since a company’s working on a new type of domain name that you can own outright. – So Unstoppable Domains constructs domain names on blockchains and this is different than a traditional domain due to the fact that the domain name is stored by you, the user inside of your cryptocurrency wallet.
– Right now, when you go to acquire a domain name you don’t in fact own it. You’re leasing it from a domain registrar like Namecheap and they’re renting it at wholesale pricing from the domain pc registry. If it’s a.com domain you’re trusting the registry not to alter rates or take the domain away from you in the future.
But if you were to like, you understand picture what things are going to be like in 5 to 10 years. Yeah, there need to be lots of different sellers and resellers and things like that. – Naturally a new type of domain name suggests that you can’t register.com,. co,. net or any of the basic TLDs you’re used to seeing. Right now Unstoppable Domains is beginning with.crypto. Not a TLD you ‘d think of as being an ideal fit for your blog or service however we could see some generic TLDs being offered in the future. In the meantime, Unstoppable Domains is dealing with crypto enthusiasts. 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? See these crypto domains are NFT items. You’ve probably seen this term turn up everywhere recently. Non-fungible tokens are systems of information on a ledger, that is the blockchain and they represent an unique digital product.
In this case, a domain name. Now I’m not declaring to comprehend all the technical specifics of this brand-new domain name system. Unstoppable Domains has a service for this, thanks to Cloudflare including support for their domains.