Find Namecoin 2019…and today I’m incredibly excited to explore this idea of a decentralized web. So when it pertains to domains and the concept of a decentralized web, much of you ask me, “Christian, do I really own my domain name outright?” Or, “Exist stipulations connected to my registration?” The response is no, you don’t own your domain name outright, but policies and policies usually protect the domain from being drawn from you. At the end of the day,
You’re renting it from the domain registry and they have complete control over what occurs with your domain name. You may have seen, 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 develops domain names on blockchains and this is various than a conventional domain due to the fact that the domain name is saved by you, the user inside of your cryptocurrency wallet.
– 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 leasing it at wholesale pricing from the domain registry. If it’s a.com domain you’re relying on the computer system registry not to change rates or take the domain away from you in the future.
– Of course a brand-new type of domain name suggests that you can’t register.com,. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s a completely various domain name system, suggesting 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 understand all the technical specifics of this brand-new domain name system. To be sincere, I still battle with a few of the principles of cryptocurrency, and I’m not a specialist in this area. Today we’re not focusing as much on the technical side of NFT domains however more on what it indicates for the future of the web. The biggest traffic jam is that internet browsers Google Chrome, Safari, and Microsoft Edge have actually not yet executed support for NFT domains. Unstoppable Domains has a service for this, thanks to Cloudflare including support for their domains.