Find How To Buy Namecoin…and today I’m super delighted to explore this idea of a decentralized web. So when it concerns domains and the idea of a decentralized web, a number of you ask me, “Christian, do I in fact own my domain outright?” Or, “Exist specifications connected to my registration?” The answer is no, you don’t own your domain name outright, however policies and policies generally 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 leasing it from the domain computer registry and they have full control over what occurs with your domain. I’ve discussed this sanctioned monopoly system before which you can discover more about in my “Domain FAQ” video however you don’t own your domain name. It’s in fact difficult to own a standard domain name. You may have discovered, I stated standard domain because a business’s dealing with a brand-new type of domain that you can own outright. I had the opportunity 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 thought this was actually, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain on blockchains and this is various than a standard domain because the domain name is saved by you, the user within your cryptocurrency wallet. It’s saved 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.
– Right now, when you go to purchase a domain name you do not actually own it. You’re renting it from a domain registrar like Namecheap and they’re leasing it at wholesale rates from the domain pc registry. If it’s a.com domain you’re relying on the pc registry not to change rates or take the domain away from you in the future.
However if you were to like, you know picture what things are going to be like in 5 to 10 years. Yeah, there must be lots of various sellers and resellers and things like that. – Obviously a brand-new kind of domain name implies that you can’t register.com,. co,. net or any of the basic TLDs you’re utilized to seeing. Now Unstoppable Domains is beginning with.crypto. Not a TLD you ‘d consider being a perfect suitable for your blog or business however we might see some generic TLDs being offered in the future. In the meantime, Unstoppable Domains is accommodating crypto lovers. It’s a totally various domain system, implying you can’t type craylor.crypto into your browser and load it or can you? See these crypto domains are NFT products. You have actually probably seen this term turn up all over recently. Non-fungible tokens are units of information on a journal, that is the blockchain and they represent a distinct digital product.
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.