Find Namecoin √¶‚Äù¬∂√¶¬¨¬Æ…and today I’m incredibly delighted to explore this principle of a decentralized web. So when it concerns 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 connected to my registration?” The answer is no, you do not own your domain name outright, however policies and policies usually secure the domain from being drawn from you. At the end of the day,
it is completely possible for your domain to be taken. You’re renting it from the domain computer system registry and they have complete control over what occurs with your domain name. I’ve spoken about this sanctioned monopoly system prior to which you can find out more about in my “Domain FAQ” video but you don’t own your domain. It’s actually impossible to own a standard domain name. You might have noticed, I stated standard domain due to the fact that a company’s working on a new type of domain name that you can own outright. I had the opportunity to talk to 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 actually, really cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain names on blockchains and this is various than a standard domain because the domain is saved by you, the user within your cryptocurrency wallet. So it’s stored within your wallet, similar to a cryptocurrency would be. And what this does is it suggests 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.
They require to go and get your personal secret, which is on your gadget, like your phone or your computer system or whatever. – Right now, when you go to acquire a domain you do not actually own it. You’re leasing it from a domain registrar like Namecheap and they’re renting it at wholesale rates from the domain windows registry. For.com domains that’s Verisign. Verisign holds the keys to every single.com domain. And that suggests they have the power to take a domain name 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 power structure of a domain system. – We’re a pc registry similar to like a Verisign. Since as soon as we’ve offered you a domain there’s absolutely nothing that we can do, the power structure is really various. If it’s a.com domain you’re trusting the pc registry not to alter prices or take the domain far from you in the future. Our domain names are one-time charges, so you never have to fret about it. Once you purchase a domain name it’s more like buying a football from us. Like there’s nothing we can do. As soon as you have it, we can’t modify or upgrade or take the football away from you. In the standard world, there’s a great deal of these resellers. And so GoDaddy is a reseller for example of.com domains. We’re mainly offering our own domains at unstoppabledomains.com today. But there are a couple of others that you can purchase them. You can go to MyEtherWallet, for example, and you can purchase them. Yeah, I think that’s something that’s going to construct. In regards to us getting going, it was a little much easier for us to type of handle the whole user experience and construct all these unique tools.
– 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 a completely different domain name system, indicating 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 comprehend all the technical specifics of this new domain name system. Unstoppable Domains has a service for this, thanks to Cloudflare adding support for their domains.