Find How To Transfer Unstoppable Domains…and today I’m very delighted to explore this concept of a decentralized web. When it comes to domains and the concept of a decentralized web, many of you ask me, “Christian, do I actually own my domain name outright?” Or, “Are there stipulations attached to my registration?” The response is no, you do not own your domain name outright, however regulations and policies generally secure the domain from being taken from you. However at the end of the day,
it is entirely possible for your domain to be seized. You’re renting it from the domain windows registry and they have full control over what occurs with your domain name. I have actually spoken about 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 really difficult to own a standard domain name. You may have seen, I stated conventional domain because a company’s dealing with a new type 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 simply thought this was really, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain names on blockchains and this is various than a conventional domain due to the fact that the domain name is kept by you, the user within your cryptocurrency wallet. So it’s stored inside of your wallet, just like a cryptocurrency would be. And what this does is it suggests that nobody else can move the domain around, take it away 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 personal secret, which is on your device, like your phone or your computer or whatever. – Today, when you go to acquire a domain name you do not really own it. You’re renting it from a domain registrar like Namecheap and they’re renting it at wholesale prices from the domain windows registry. For.com domains that’s Verisign. Verisign holds the secrets to every single.com domain. Which means they have the power to seize a domain name at any given time. Now, this is technically exceptionally rare, but 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 windows registry comparable to like a Verisign. Due to the fact that when we’ve offered you a domain there’s absolutely nothing that we can do, the power structure is extremely various. If it’s a.com domain you’re relying on the windows registry not to change costs 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. Once you purchase a domain name it’s more like purchasing a football from us. Like there’s nothing we can do. We can’t modify or update or take the football far from you once you have it. In the conventional world, there’s a lot of these resellers. And so GoDaddy is a reseller for example of.com domains. We’re primarily selling our own domains at unstoppabledomains.com today. But there are a number of others that you can buy them. You can go to MyEtherWallet, for example, and you can buy them. Yeah, I think that’s something that’s going to build. In terms of us starting, it was a little easier for us to type of manage the whole user experience and construct all these special tools.
If you were to like, you understand imagine what things are going to be like in five to 10 years. Yeah, there should be great deals of various sellers and resellers and things like that. – Obviously a brand-new kind of domain indicates that you can’t register.com,. co,. net or any of the standard TLDs you’re utilized to seeing. Right now Unstoppable Domains is starting with.crypto. Not a TLD you ‘d consider being a perfect fit for your blog site or service but we might see some generic TLDs being used in the future. In the meantime, Unstoppable Domains is catering to crypto enthusiasts. It’s an absolutely different domain name system, meaning 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 pop up everywhere recently. Non-fungible tokens are systems of data on a journal, that is the blockchain and they represent a special digital product.
In this case, a domain name. Now I’m not declaring to comprehend all the technical specifics of this new domain system. To be honest, I still have problem with a few of the principles of cryptocurrency, and I’m not a specialist 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 internet. The most significant bottleneck is that web browsers Google Chrome, Safari, and Microsoft Edge have actually not yet executed support for NFT domains. Unstoppable Domains has a solution for this, thanks to Cloudflare including assistance for their domains.