Namecoin Client – Ultimate Crypto FAQ

Find Namecoin Client…and today I’m very delighted to explore this concept of a decentralized web. When it comes to domains and the idea 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 response is no, you don’t own your domain name outright, but policies and regulations generally secure the domain from being taken from you. But at the end of the day,

it is totally possible for your domain name to be seized. You’re renting it from the domain pc registry and they have full control over what occurs with your domain name. I have actually talked about this approved monopoly system prior to which you can find out more about in my “Domain frequently asked question” video but you do not own your domain. It’s really impossible to own a standard domain. You might have observed, I stated standard domain since a company’s dealing with a brand-new kind of domain name that you can own outright. I had the opportunity 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 simply thought this was actually, truly cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain names on blockchains and this is different than a traditional domain because the domain is kept by you, the user inside of your cryptocurrency wallet. So it’s saved within your wallet, similar to a cryptocurrency would be. And what this does is it means that nobody else can move the domain around, take it far from you, make updates to the domain, anything. Unstoppable Domains can’t do it, nobody can do it.

They need to go and get your personal key, which is on your device, like your phone or your computer or whatever. – Today, when you go to buy a domain name you don’t actually own it. You’re renting 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 indicates they have the power to take a domain at any given time. Now, this is technically extremely uncommon, but it is possible. And it raises an increasing problem with our internet, control. Brad calls this the class structure of a domain system. – We’re a pc registry comparable to like a Verisign. The power structure is very various due to the fact that as soon as we’ve offered you a domain there’s absolutely nothing that we can do. If it’s a.com domain you’re trusting the pc registry not to alter costs or take the domain away from you in the future. Our domain names are one-time fees, so you never need to worry about it. When you buy a domain name it’s more like purchasing a football from us. Like there’s absolutely nothing we can do. When you have it, we can’t update or edit or take the football away from you. In the conventional world, there’s a great deal of these resellers. And so GoDaddy is a reseller for instance 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 instance, and you can buy them. So, yeah, I think that’s something that’s going to build. In terms of us starting, it was a little simpler for us to type of manage the entire user experience and develop all these special tools.

– Of course a brand-new type of domain name means that you can’t register.com,. For now, Unstoppable Domains is catering to crypto lovers. It’s an absolutely various domain name system, suggesting 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 understand all the technical specifics of this brand-new domain name system. Unstoppable Domains has a solution for this, thanks to Cloudflare including assistance for their domains.