Find Crypto Domain For Sale…and today I’m extremely thrilled to explore this idea of a decentralized web. So when it pertains to domains and the principle of a decentralized web, many of you ask me, “Christian, do I really own my domain outright?” Or, “Exist stipulations connected to my registration?” The answer is no, you don’t own your domain name outright, however policies and guidelines typically secure the domain from being drawn 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 pc registry and they have full control over what happens with your domain. I have actually spoken about this approved monopoly system before which you can find out more about in my “Domain frequently asked question” video but you don’t own your domain name. It’s really difficult to own a conventional domain name. You may have noticed, I stated traditional domain because a company’s dealing with a brand-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 actually, truly cool what Unstoppable Domains was doing. – So Unstoppable Domains builds domain on blockchains and this is various than a standard domain because the domain is stored by you, the user within your cryptocurrency wallet. So it’s stored within your wallet, similar to a cryptocurrency would be. And what this does is it indicates that no one 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 require to go and get your private key, which is on your device, like your phone or your computer system or whatever. – Right now, when you go to acquire a domain you don’t actually own it. You’re leasing it from a domain registrar like Namecheap and they’re leasing it at wholesale pricing from the domain pc registry. For.com domains that’s Verisign. Verisign holds the keys to every single.com domain. Which suggests they have the power to seize a domain name at any provided time. Now, this is technically exceptionally rare, however it is possible. And it raises a rising issue with our web, control. Brad calls this the class structure of a domain name system. – We’re a computer registry comparable to like a Verisign. The power structure is very different because as soon as we have actually offered you a domain there’s nothing that we can do. , if it’s a.com domain you’re relying on the registry not to alter prices or take the domain away from you in the future.. Our domain are one-time costs, so you never have to fret about it. Once you purchase 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 modify or take the football far from you as soon as you have it. In the conventional world, there’s a great deal of these resellers. And so GoDaddy is a reseller for example of.com domains. We’re primarily offering our own domains at unstoppabledomains.com right now. However there are a couple of others that you can purchase them. You can go to MyEtherWallet, for example, and you can purchase them. Yeah, I think that’s something that’s going to construct. In regards to us beginning, it was a little simpler for us to sort of handle the whole user experience and build all these unique tools.
However if you were to like, you know imagine what things are going to resemble in five to 10 years. Yeah, there must be lots of different sellers and resellers and things like that. – Of course a new type of domain means that you can’t register.com,. co,. net or any of the standard TLDs you’re used to seeing. Today Unstoppable Domains is beginning with.crypto. Not a TLD you ‘d consider being a perfect suitable for your blog or company however we could see some generic TLDs being provided in the future. For now, Unstoppable Domains is catering to crypto lovers. It’s a completely different domain name system, implying you can’t type craylor.crypto into your web browser and load it or can you? See these crypto domains are NFT products. You have actually probably seen this term turn up all over recently. Non-fungible tokens are systems of information on a journal, that is the blockchain and they represent a distinct digital item.
In this case, a domain name. Now I’m not declaring to comprehend all the technical specifics of this brand-new domain system. To be truthful, I still struggle with some of the concepts of cryptocurrency, and I’m not an expert in this area. However today we’re not focusing as much on the technical side of NFT domains but more on what it implies for the future of the internet. The biggest bottleneck is that web browsers Google Chrome, Safari, and Microsoft Edge have not yet executed support for NFT domains. Unstoppable Domains has an option for this, thanks to Cloudflare including support for their domains.