Find Invest In Namecoin…and today I’m very delighted to explore this principle of a decentralized web. When it comes to domains and the concept of a decentralized web, numerous of you ask me, “Christian, do I actually own my domain name outright?” Or, “Are there specifications connected to my registration?” The answer is no, you don’t own your domain name outright, however policies and regulations typically safeguard the domain from being drawn from you. But at the end of the day,
You’re renting it from the domain computer system registry and they have complete control over what takes place with your domain name. You might have observed, I stated traditional domain name due to the fact that a company’s working on a new type of domain name that you can own outright. – So Unstoppable Domains develops domain names on blockchains and this is various than a traditional domain due to the fact that the domain name is stored by you, the user inside of your cryptocurrency wallet.
– Right now, when you go to buy a domain name you don’t actually own it. You’re leasing it from a domain registrar like Namecheap and they’re renting it at wholesale pricing from the domain pc registry. If it’s a.com domain you’re trusting the registry not to alter rates or take the domain away from you in the future.
– 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 an absolutely 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. Now I’m not claiming to comprehend all the technical specifics of this new domain system. To be honest, I still have problem with a few of the concepts of cryptocurrency, and I’m not an expert in this area. But today we’re not focusing as much on the technical side of NFT domains but more on what it means for the future of the internet. The biggest bottleneck is that web browsers Google Chrome, Safari, and Microsoft Edge have actually not yet carried out support for NFT domains. Unstoppable Domains has an option for this, thanks to Cloudflare including support for their domains.