Find Crypto Games…and today I’m extremely delighted to explore this idea of a decentralized web. When it comes to domains and the idea of a decentralized web, numerous of you ask me, “Christian, do I actually own my domain name outright?” Or, “Are there terms connected to my registration?” The answer is no, you do not own your domain name outright, however policies and regulations usually safeguard the domain from being taken from you. At the end of the day,
it is totally possible for your domain name to be seized. You’re leasing it from the domain pc registry and they have complete control over what occurs with your domain. I’ve spoken about this sanctioned monopoly system prior to which you can find out more about in my “Domain FAQ” video but you do not own your domain. It’s actually impossible to own a conventional domain. You may have noticed, I said traditional domain due to the fact that a company’s dealing with a brand-new kind of domain name that you can own outright. I had the chance 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 simply thought this was actually, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain on blockchains and this is various than a standard domain since the domain is saved by you, the user within your cryptocurrency wallet. It’s saved 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 away from you, make updates to the domain, anything. Unstoppable Domains can’t do it, no one can do it.
They need to go and get your private key, which is on your gadget, like your phone or your computer or whatever. – Right now, when you go to purchase a domain you don’t really own it. You’re leasing it from a domain registrar like Namecheap and they’re renting it at wholesale pricing from the domain windows registry. For.com domains that’s Verisign. Verisign holds the secrets to every single.com domain. Which implies they have the power to take a domain at any offered time. Now, this is technically very unusual, however it is possible. And it brings up an increasing problem with our web, control. Brad calls this the power structure of a domain system. – We’re a registry similar to like a Verisign. Because as soon as we’ve sold you a domain there’s nothing that we can do, the power structure is really different. , if it’s a.com domain you’re trusting the pc registry not to change prices or take the domain away from you in the future.. Our domain are one-time fees, so you never have to stress over it. When you buy a domain it’s more like purchasing a football from us. Like there’s nothing we can do. As soon as you have it, we can’t edit or update or take the football away from you. In the conventional world, there’s a great deal of these resellers. And so GoDaddy is a reseller for instance of.com domains. We’re mainly offering our own domains at unstoppabledomains.com right now. There are a couple of others that you can purchase them. You can go to MyEtherWallet, for instance, and you can buy them. Yeah, I believe that’s something that’s going to construct. In terms of us getting going, it was a little much easier for us to sort of manage the whole user experience and construct all these unique tools.
– Of course a new type of domain name implies that you can’t register.com,. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s a completely different domain name system, meaning you can’t type craylor.crypto into your browser and load it or can you?
In this case, a domain name. Now I’m not claiming to understand 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.