Find Crypto Domain Name Search…and today I’m very thrilled to explore this concept of a decentralized web. When it comes to domains and the principle of a decentralized web, many of you ask me, “Christian, do I in fact own my domain name outright?” Or, “Exist terms attached to my registration?” The answer is no, you do not own your domain name outright, but regulations and policies typically safeguard 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 windows registry and they have full control over what happens with your domain name. I have actually spoken about this sanctioned monopoly system prior to which you can discover more about in my “Domain FAQ” video but you do not own your domain. It’s really impossible to own a standard domain name. You may have noticed, I stated traditional domain due to the fact that a company’s working on a brand-new kind of domain name that you can own outright. I had the opportunity 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 just thought this was actually, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain on blockchains and this is different than a traditional domain due to the fact that the domain is kept by you, the user within your cryptocurrency wallet. So it’s stored inside of your wallet, just like a cryptocurrency would be. And what this does is it suggests 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.
They require to go and get your personal secret, which is on your device, like your phone or your computer or whatever. – Right now, when you go to buy a domain name you do not in fact own it. You’re leasing it from a domain registrar like Namecheap and they’re leasing it at wholesale prices from the domain windows registry. For.com domains that’s Verisign. Verisign holds the keys to every single.com domain. Which indicates they have the power to take a domain name at any offered time. Now, this is technically extremely rare, but it is possible. And it brings up a rising issue with our internet, control. Brad calls this the class structure of a domain name system. – We’re a computer system registry similar to like a Verisign. The class structure is really different because when we have actually offered you a domain there’s absolutely nothing that we can do. , 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 worry about it. When you buy a domain name it’s more like buying a football from us. Like there’s nothing we can do. When you have it, we can’t upgrade or edit or take the football away from you. In the traditional world, there’s a lot of these resellers. Therefore GoDaddy is a reseller for instance of.com domains. We’re mainly offering our own domains at unstoppabledomains.com right now. However there are a number of others that you can purchase them. You can go to MyEtherWallet, for instance, and you can buy them. So, yeah, I think that’s something that’s going to build. In terms of us getting started, it was a little simpler for us to sort of handle the entire user experience and develop all these unique tools.
However if you were to like, you know envision what things are going to resemble in 5 to ten years. Yeah, there ought to be lots of different sellers and resellers and things like that. – Of course a brand-new type of domain indicates that you can’t register.com,. co,. net or any of the standard TLDs you’re utilized to seeing. Now Unstoppable Domains is beginning with.crypto. Not a TLD you ‘d think of as being an ideal fit for your blog or business but we might see some generic TLDs being offered in the future. For now, Unstoppable Domains is accommodating crypto lovers. It’s an absolutely different domain name system, suggesting you can’t type craylor.crypto into your internet browser and load it or can you? See these crypto domains are NFT items. You’ve probably seen this term turn up everywhere just recently. Non-fungible tokens are systems of data on a ledger, that is the blockchain and they represent a special digital item.
In this case, a domain. Now I’m not declaring to comprehend all the technical specifics of this brand-new domain system. To be sincere, I still fight with a few of the principles of cryptocurrency, and I’m not a professional in this area. 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 web. The biggest traffic jam is that internet browsers Google Chrome, Safari, and Microsoft Edge have actually not yet carried out support for NFT domains. Unstoppable Domains has a solution for this, thanks to Cloudflare adding support for their domains.