Find Is Unstoppable Domains Safe…and today I’m very delighted to explore this principle of a decentralized web. When it comes to domains and the principle of a decentralized web, many of you ask me, “Christian, do I actually own my domain name outright?” Or, “Are there terms attached to my registration?” The answer is no, you do not own your domain name outright, but policies and regulations usually protect the domain from being taken from you. At the end of the day,
it is entirely possible for your domain name to be seized. You’re renting it from the domain pc registry and they have complete control over what happens with your domain. I’ve discussed this sanctioned monopoly system before which you can discover more about in my “Domain frequently asked question” video however you do not own your domain. It’s really difficult to own a conventional domain name. You may have observed, I said conventional domain due to the fact that a business’s working on a new kind of domain name that you can own outright. I had the possibility to speak with 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 thought this was really, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain on blockchains and this is various than a standard domain due to the fact that the domain name is saved by you, the user within your cryptocurrency wallet. So it’s saved within your wallet, just like a cryptocurrency would be. And what this does is it means that no one else can move the domain around, take it away from you, make updates to the domain, anything. Unstoppable Domains can’t do it, no one can do it.
– Right now, when you go to buy a domain name you don’t really own it. You’re renting 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 brand-new type of domain name implies that you can’t register.com,. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s a totally various domain name system, meaning you can’t type craylor.crypto into your internet 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 new domain name system. Unstoppable Domains has an option for this, thanks to Cloudflare including assistance for their domains.