Find Namecoin Chrome…and today I’m extremely excited to explore this idea of a decentralized web. So when it pertains 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 specifications 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 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 computer system registry and they have full control over what happens with your domain name. I have actually spoken about this sanctioned monopoly system prior to which you can find out more about in my “Domain frequently asked question” video but you don’t own your domain. It’s really difficult to own a standard domain. You might have discovered, I said traditional domain name due to the fact that a company’s working on a new type of domain that you can own outright. I had the chance to interview 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 simply believed this was actually, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains builds domain names on blockchains and this is different than a conventional domain since the domain name is kept by you, the user inside of your cryptocurrency wallet. So it’s stored inside of your wallet, just like a cryptocurrency would be. And what this does is it indicates that no one else can move the domain around, take it far 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 leasing it from a domain registrar like Namecheap and they’re leasing it at wholesale rates from the domain computer system registry. If it’s a.com domain you’re relying on the computer system registry not to alter prices 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 totally various domain name system, indicating you can’t type craylor.crypto into your browser and load it or can you?
In this case, a domain name. Now I’m not claiming to comprehend all the technical specifics of this new domain name system. Unstoppable Domains has a service for this, thanks to Cloudflare including support for their domains.