Find .Crypto Url…and today I’m incredibly delighted to explore this concept of a decentralized web. So when it comes to domains and the concept of a decentralized web, many of you ask me, “Christian, do I in fact own my domain outright?” Or, “Are there terms connected to my registration?” The response is no, you don’t own your domain name outright, however policies and policies typically protect the domain from being taken from you. At the end of the day,
it is completely possible for your domain name to be seized. You’re renting it from the domain computer system registry and they have complete control over what occurs with your domain. I have actually discussed this sanctioned monopoly system prior to which you can learn more about in my “Domain FAQ” video however you do not own your domain name. It’s in fact difficult to own a standard domain name. You may have discovered, I said traditional domain name because a business’s working on a new kind of domain that you can own outright. I had the opportunity to interview 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 various than a traditional domain due to the fact that the domain name is saved by you, the user within your cryptocurrency wallet. So it’s stored inside of 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, no one can do it.
They require to go and get your private secret, which is on your gadget, like your phone or your computer or whatever. – Right now, when you go to acquire a domain you don’t actually own it. You’re renting it from a domain registrar like Namecheap and they’re renting it at wholesale prices from the domain 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 name at any given time. Now, this is technically very unusual, but it is possible. And it raises a rising problem with our web, control. Brad calls this the power structure of a domain name system. – We’re a registry comparable to like a Verisign. The class structure is really different due to the fact that when we’ve sold you a domain there’s absolutely nothing that we can do. , if it’s a.com domain you’re trusting the computer system registry not to alter rates or take the domain away from you in the future.. Our domain are one-time fees, so you never need to stress over it. When you buy a domain name it’s more like buying a football from us. Like there’s nothing we can do. We can’t update or edit or take the football away 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 mostly selling our own domains at unstoppabledomains.com today. There are a couple of others that you can purchase them. You can go to MyEtherWallet, for instance, and you can buy them. So, yeah, I believe that’s something that’s going to develop. In regards to us starting, it was a little simpler for us to kind of handle the whole user experience and build all these special tools.
If you were to like, you know envision what things are going to be like in five to 10 years. Yeah, there ought to be great deals of various sellers and resellers and things like that. – Obviously a new type of domain name indicates that you can’t register.com,. co,. net or any of the standard TLDs you’re used to seeing. Right now Unstoppable Domains is beginning with.crypto. Not a TLD you ‘d think of as being an ideal suitable for your blog or business but we might see some generic TLDs being offered in the future. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s an absolutely various domain name system, indicating 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 most likely seen this term appear all over recently. Non-fungible tokens are units of information on a ledger, that is the blockchain and they represent an unique digital item.
In this case, a domain. Now I’m not declaring to comprehend all the technical specifics of this new domain system. To be truthful, I still battle with a few of the principles of cryptocurrency, and I’m not an expert in this space. Today we’re not focusing as much on the technical side of NFT domains however more on what it implies for the future of the web. The biggest bottleneck is that web web browsers Google Chrome, Safari, and Microsoft Edge have actually not yet implemented support for NFT domains. Unstoppable Domains has a service for this, thanks to Cloudflare adding support for their domains.