Find Cryptocurrency Fantasy Football Names…and today I’m incredibly delighted to explore this concept of a decentralized web. When it comes to domains and the idea of a decentralized web, numerous of you ask me, “Christian, do I really 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 policies and policies typically protect the domain from being drawn from you. At the end of the day,
You’re leasing it from the domain registry and they have full control over what takes place with your domain name. You may have discovered, I stated standard domain name because a business’s working on a brand-new type of domain name that you can own outright. – So Unstoppable Domains builds domain names on blockchains and this is various than a standard domain since the domain name is stored by you, the user inside of your cryptocurrency wallet.
They need 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 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. For.com domains that’s Verisign. Verisign holds the secrets to every single.com domain. Which implies they have the power to seize a domain name at any provided time. Now, this is technically very rare, but it is possible. And it brings up an increasing issue with our internet, control. Brad calls this the power structure of a domain name system. – We’re a computer system registry comparable to like a Verisign. The class structure is really various due to the fact that as soon as we have actually sold you a domain there’s 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 far from you in the future. Our domain names are one-time charges, so you never ever have to stress over it. As soon as you purchase a domain it’s more like purchasing a football from us. Like there’s nothing we can do. We can’t upgrade or edit or take the football away from you as soon as you have it. In the traditional world, there’s a great deal of these resellers. And so GoDaddy is a reseller for instance of.com domains. We’re mostly selling 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. So, yeah, I think that’s something that’s going to build. In regards to us getting going, it was a little easier for us to sort of handle the entire user experience and build all these unique tools.
– Of course a new type of domain name suggests that you can’t register.com,. For now, Unstoppable Domains is catering to crypto lovers. It’s a totally various domain name system, meaning you can’t type craylor.crypto into your web browser and load it or can you?
In this case, a domain name. Now I’m not declaring 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.