Find Filecoin Vs Unstoppable Domains…and today I’m incredibly delighted to explore this idea of a decentralized web. So when it pertains to domains and the idea of a decentralized web, a number of you ask me, “Christian, do I actually own my domain name outright?” Or, “Are there specifications attached to my registration?” The answer is no, you don’t own your domain name outright, however policies and policies normally protect the domain from being taken from you. At the end of the day,
it is totally possible for your domain to be seized. You’re leasing it from the domain windows registry and they have complete control over what occurs with your domain name. I have actually discussed this sanctioned monopoly system prior to which you can discover more about in my “Domain FAQ” video however you do not own your domain. It’s actually difficult to own a traditional domain name. You might have seen, I stated conventional domain name due to the fact that a company’s dealing with a new kind of domain that you can own outright. I had the possibility 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 believed this was really, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain names on blockchains and this is various than a standard domain due to the fact that the domain is saved by you, the user inside of your cryptocurrency wallet. It’s kept inside of your wallet, simply like a cryptocurrency would be. And what this does is it indicates that nobody else can move the domain around, take it far from you, make updates to the domain, anything. Unstoppable Domains can’t do it, nobody can do it.
They need to go and get your private secret, which is on your gadget, like your phone or your computer or whatever. – Today, when you go to buy a domain you don’t actually own it. You’re leasing it from a domain registrar like Namecheap and they’re renting it at wholesale rates from the domain registry. For.com domains that’s Verisign. Verisign holds the secrets to every single.com domain. And that means they have the power to take a domain name at any provided time. Now, this is technically incredibly rare, but it is possible. And it raises a rising problem with our internet, control. Brad calls this the class structure of a domain system. – We’re a pc registry similar to like a Verisign. The class structure is very different since when we have actually sold you a domain there’s nothing that we can do. , if it’s a.com domain you’re relying on the registry not to change costs or take the domain away from you in the future.. Our domain names are one-time costs, so you never have to worry about it. Once you purchase a domain name it’s more like buying a football from us. Like there’s absolutely 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 lot of these resellers. Therefore 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 buy them. You can go to MyEtherWallet, for example, and you can purchase them. So, yeah, I think that’s something that’s going to develop. In terms of us getting started, it was a little easier for us to kind of handle the whole user experience and build all these special tools.
– Of course a new type of domain name indicates that you can’t register.com,. For now, Unstoppable Domains is catering to crypto lovers. It’s an absolutely various domain name system, suggesting you can’t type craylor.crypto into your web browser and load it or can you?
In this case, a domain. Now I’m not declaring to comprehend all the technical specifics of this new domain name system. To be honest, I still battle with some of the concepts of cryptocurrency, and I’m not an expert in this space. However today we’re not focusing as much on the technical side of NFT domains but more on what it suggests for the future of the internet. The biggest bottleneck is that internet web browsers Google Chrome, Safari, and Microsoft Edge have actually not yet executed support for NFT domains. Unstoppable Domains has a service for this, thanks to Cloudflare adding support for their domains.