Find Crypto Signals Telegram…and today I’m extremely excited to explore this concept of a decentralized web. So when it pertains to domains and the idea of a decentralized web, much of you ask me, “Christian, do I actually own my domain name outright?” Or, “Are there specifications connected to my registration?” The response is no, you don’t own your domain name outright, however regulations and policies normally safeguard the domain from being taken from you. At the end of the day,
it is entirely possible for your domain to be seized. You’re renting it from the domain registry and they have full control over what occurs with your domain name. I’ve spoken about this approved monopoly system before which you can learn more about in my “Domain FAQ” video however you do not own your domain name. It’s really impossible to own a standard domain name. You may have observed, I said standard domain because a company’s working on a brand-new kind of domain 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 believed this was truly, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains builds domain names on blockchains and this is various than a standard domain because the domain is saved 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 implies that no one 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 acquire 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 pricing from the domain registry. If it’s a.com domain you’re relying on the registry not to alter costs or take the domain away from you in the future.
– Of course a brand-new type of domain name indicates that you can’t register.com,. For now, Unstoppable Domains is catering to crypto lovers. It’s a completely various domain name system, suggesting you can’t type craylor.crypto into your internet browser and load it or can you?
In this case, a domain name. Now I’m not claiming to comprehend all the technical specifics of this new domain name system. Unstoppable Domains has a service for this, thanks to Cloudflare including support for their domains.