Find Crypto Domains Buy…and today I’m incredibly thrilled to explore this concept of a decentralized web. So when it comes to domains and the principle of a decentralized web, a lot of you ask me, “Christian, do I in fact own my domain outright?” Or, “Exist stipulations attached to my registration?” The response is no, you don’t own your domain name outright, however policies and regulations usually safeguard the domain from being taken from you. But at the end of the day,
it is entirely possible for your domain to be seized. You’re renting it from the domain windows registry and they have full control over what occurs with your domain. I’ve spoken about this sanctioned monopoly system prior to which you can discover more about in my “Domain frequently asked question” video but you do not own your domain. It’s actually difficult to own a traditional domain name. You might have discovered, I stated conventional domain since a company’s dealing with a brand-new type of domain that you can own outright. I had the possibility 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 really, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain on blockchains and this is different than a traditional domain because the domain name is kept by you, the user within your cryptocurrency wallet. It’s kept inside of your wallet, simply like a cryptocurrency would be. And what this does is it suggests 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.
– Right now, when you go to purchase a domain name you do not actually own it. You’re leasing it from a domain registrar like Namecheap and they’re renting it at wholesale pricing from the domain 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.
If you were to like, you understand imagine what things are going to be like in five to 10 years. Yeah, there need to be great deals of various sellers and resellers and things like that. – Obviously a brand-new type of domain name suggests that you can’t register.com,. co,. net or any of the standard TLDs you’re utilized to seeing. Right now Unstoppable Domains is starting with.crypto. Not a TLD you ‘d think of as being an ideal fit for your blog site or organization however we could see some generic TLDs being provided in the future. For now, Unstoppable Domains is dealing with crypto lovers. It’s an absolutely various domain system, implying you can’t type craylor.crypto into your internet browser and load it or can you? See these crypto domains are NFT products. You’ve most likely seen this term pop up everywhere recently. Non-fungible tokens are units of data 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 brand-new domain name system. To be truthful, I still fight with a few of the ideas of cryptocurrency, and I’m not an expert in this space. However today we’re not focusing as much on the technical side of NFT domains however more on what it suggests for the future of the internet. The greatest bottleneck is that web browsers Google Chrome, Safari, and Microsoft Edge have actually not yet implemented assistance for NFT domains. Unstoppable Domains has an option for this, thanks to Cloudflare adding assistance for their domains.