Find Domain With Bitcoin…and today I’m super excited to explore this concept of a decentralized web. When it comes to domains and the principle of a decentralized web, many of you ask me, “Christian, do I in fact own my domain name outright?” Or, “Exist stipulations attached to my registration?” The answer is no, you do not own your domain name outright, but policies and regulations generally secure the domain from being drawn from you. At the end of the day,
You’re renting it from the domain windows registry and they have complete control over what occurs with your domain name. You might have discovered, I said standard domain name because a company’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 different than a standard domain because the domain name is saved by you, the user inside of your cryptocurrency wallet.
They require to go and get your private secret, which is on your device, like your phone or your computer or whatever. – Right now, when you go to acquire a domain name you don’t actually own it. You’re renting it from a domain registrar like Namecheap and they’re leasing it at wholesale prices from the domain computer system registry. For.com domains that’s Verisign. Verisign holds the secrets to every single.com domain. Which indicates they have the power to take a domain at any offered time. Now, this is technically exceptionally uncommon, however it is possible. And it raises an increasing problem with our internet, control. Brad calls this the power structure of a domain system. – We’re a registry comparable to like a Verisign. Due to the fact that once we’ve offered you a domain there’s nothing that we can do, the power structure is very various. , if it’s a.com domain you’re trusting the windows registry not to change rates or take the domain away from you in the future.. Our domain names are one-time costs, so you never need to stress over it. As soon as you purchase a domain name it’s more like buying a football from us. Like there’s nothing we can do. Once you have it, we can’t modify or update or take the football away from you. In the standard world, there’s a great deal of these resellers. Therefore GoDaddy is a reseller for example of.com domains. We’re mainly 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 believe that’s something that’s going to develop. In regards to us getting going, it was a little simpler for us to sort of handle the entire user experience and develop all these unique tools.
– Of course a new type of domain name indicates that you can’t register.com,. For now, Unstoppable Domains is catering to crypto enthusiasts. 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 understand all the technical specifics of this brand-new domain name system. Unstoppable Domains has an option for this, thanks to Cloudflare including support for their domains.