Find Namebase Vs Unstoppable Domains…and today I’m extremely thrilled to explore this concept of a decentralized web. So when it comes to domains and the idea of a decentralized web, a lot of you ask me, “Christian, do I actually own my domain name outright?” Or, “Are there terms connected to my registration?” The answer is no, you do not own your domain name outright, however policies and policies generally safeguard the domain from being drawn from you. But at the end of the day,
You’re leasing it from the domain windows registry and they have full control over what occurs with your domain name. You might have noticed, I said traditional domain name because a business’s working on a new type of domain name that you can own outright. – So Unstoppable Domains builds 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 inside of your cryptocurrency wallet.
They need to go and get your personal secret, which is on your gadget, like your phone or your computer or whatever. – Today, when you go to purchase a domain you don’t really own it. You’re leasing it from a domain registrar like Namecheap and they’re leasing it at wholesale prices from the domain pc registry. For.com domains that’s Verisign. Verisign holds the keys to every single.com domain. Which suggests they have the power to take a domain at any given time. Now, this is technically very unusual, however it is possible. And it raises a rising issue with our internet, control. Brad calls this the class structure of a domain system. – We’re a windows registry comparable to like a Verisign. Since once we have actually sold you a domain there’s nothing that we can do, the power structure is very various. If it’s a.com domain you’re trusting the registry not to change rates or take the domain far from you in the future. Our domain are one-time charges, so you never need to stress over it. As soon as you buy a domain it’s more like purchasing a football from us. Like there’s nothing we can do. Once you have it, we can’t modify or upgrade or take the football away from you. In the standard world, there’s a lot of these resellers. Therefore GoDaddy is a reseller for instance of.com domains. We’re primarily selling our own domains at unstoppabledomains.com right now. But there are a number of others that you can purchase them. You can go to MyEtherWallet, for example, and you can purchase them. So, yeah, I think that’s something that’s going to develop. In terms of us getting going, it was a little simpler for us to type of manage the entire user experience and develop all these unique tools.
But if you were to like, you know picture what things are going to be like in 5 to ten years. Yeah, there need to be great deals of different sellers and resellers and things like that. – Obviously a new type of domain implies that you can’t register.com,. co,. net or any of the basic TLDs you’re used to seeing. Now Unstoppable Domains is starting with.crypto. Not a TLD you ‘d consider being an ideal suitable for your blog or service but we could see some generic TLDs being used in the future. In the meantime, Unstoppable Domains is dealing with crypto lovers. It’s an absolutely different domain system, implying you can’t type craylor.crypto into your web browser and load it or can you? See these crypto domains are NFT products. You’ve probably seen this term appear all over just recently. Non-fungible tokens are units of information on a journal, that is the blockchain and they represent an unique digital item.
In this case, a domain name. Now I’m not claiming to understand all the technical specifics of this brand-new domain name system. Unstoppable Domains has an option for this, thanks to Cloudflare including support for their domains.