Find Crypto Domain Endings…and today I’m incredibly excited to explore this idea of a decentralized web. So when it concerns domains and the principle of a decentralized web, much of you ask me, “Christian, do I actually own my domain outright?” Or, “Are there specifications attached to my registration?” The response is no, you don’t own your domain name outright, but policies and guidelines normally protect the domain from being taken from you. At the end of the day,
it is completely possible for your domain to be taken. You’re renting it from the domain computer system registry and they have full control over what happens with your domain. I’ve talked about this sanctioned monopoly system before which you can learn more about in my “Domain FAQ” video but you don’t own your domain. It’s really impossible to own a conventional domain name. You might have discovered, I stated standard domain due to the fact that a company’s working on a brand-new kind of domain 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 builds domain on blockchains and this is different than a standard domain since the domain is saved by you, the user inside of your cryptocurrency wallet. So it’s saved within your wallet, much like a cryptocurrency would be. And what this does is it means that nobody 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.
– Right now, when you go to purchase a domain name you do not actually own it. You’re renting it from a domain registrar like Namecheap and they’re leasing it at wholesale rates from the domain windows registry. If it’s a.com domain you’re relying on the registry not to alter rates or take the domain away from you in the future.
But if you were to like, you know imagine what things are going to resemble in five to 10 years. Yeah, there need to be lots of various sellers and resellers and things like that. – Naturally a brand-new kind of domain indicates that you can’t register.com,. co,. net or any of the basic TLDs you’re utilized to seeing. Today Unstoppable Domains is beginning with.crypto. Not a TLD you ‘d consider being a perfect suitable for your blog or business however we could see some generic TLDs being provided in the future. In the meantime, Unstoppable Domains is catering to crypto enthusiasts. It’s a completely different domain system, suggesting you can’t type craylor.crypto into your internet browser and load it or can you? See these crypto domains are NFT products. You have actually most likely seen this term appear all over recently. Non-fungible tokens are systems of information on a ledger, that is the blockchain and they represent a special digital item.
In this case, a domain name. Now I’m not declaring to comprehend all the technical specifics of this new domain name system. Unstoppable Domains has a service for this, thanks to Cloudflare adding assistance for their domains.