Find Is Namecoin Still Alive…and today I’m super thrilled to explore this principle of a decentralized web. So when it concerns domains and the principle of a decentralized web, many of you ask me, “Christian, do I in fact own my domain outright?” Or, “Exist specifications attached to my registration?” The response is no, you do not own your domain name outright, but policies and regulations normally secure the domain from being drawn from you. But at the end of the day,
You’re renting it from the domain windows registry and they have full control over what takes place with your domain name. You might have noticed, I stated conventional domain name since a company’s working on a brand-new type of domain name that you can own outright. – So Unstoppable Domains constructs domain names on blockchains and this is different than a conventional domain due to the fact that the domain name is saved by you, the user inside of your cryptocurrency wallet.
They need to go and get your private key, which is on your device, like your phone or your computer system or whatever. – Right now, when you go to purchase a domain name you don’t really 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. Which suggests they have the power to seize a domain at any offered time. Now, this is technically exceptionally uncommon, but it is possible. And it brings up a rising issue with our web, control. Brad calls this the power structure of a domain name system. – We’re a computer system registry similar to like a Verisign. The power structure is extremely different since when we have actually offered you a domain there’s absolutely nothing that we can do. If it’s a.com domain you’re relying on the windows registry not to alter costs or take the domain far from you in the future. Our domain are one-time charges, so you never have to worry about it. As soon as you purchase a domain name it’s more like purchasing a football from us. Like there’s absolutely nothing we can do. When you have it, we can’t update or edit or take the football away from you. 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 right now. There are a couple of others that you can purchase them. You can go to MyEtherWallet, for example, and you can buy them. So, yeah, I believe that’s something that’s going to construct. In regards to us getting started, it was a little easier for us to sort of handle the whole user experience and construct all these special tools.
– Of course a brand-new type of domain name indicates that you can’t register.com,. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s a completely different 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 adding assistance for their domains.