Find Namecoin Developer…and today I’m extremely thrilled to explore this principle of a decentralized web. So when it concerns domains and the principle of a decentralized web, a lot of you ask me, “Christian, do I in fact own my domain name outright?” Or, “Exist specifications connected to my registration?” The response is no, you don’t own your domain name outright, however guidelines and policies usually safeguard the domain from being drawn from you. However at the end of the day,
You’re leasing it from the domain registry and they have complete control over what happens with your domain name. You may have seen, I said standard domain name since 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 different than a standard domain due to the fact that the domain name is kept by you, the user inside of your cryptocurrency wallet.
They require to go and get your private secret, which is on your gadget, like your phone or your computer or whatever. – Today, when you go to purchase a domain name you do not in fact own it. You’re leasing it from a domain registrar like Namecheap and they’re leasing it at wholesale pricing from the domain computer system registry. For.com domains that’s Verisign. Verisign holds the keys to every single.com domain. And that means they have the power to take a domain name at any provided time. Now, this is technically extremely uncommon, however it is possible. And it brings up a rising issue with our web, control. Brad calls this the power structure of a domain system. – We’re a registry comparable to like a Verisign. Because when we have actually offered you a domain there’s nothing that we can do, the power structure is very different. , if it’s a.com domain you’re trusting the computer system registry not to alter rates or take the domain away from you in the future.. Our domain are one-time costs, so you never ever have to stress over it. When you buy a domain name it’s more like purchasing a football from us. Like there’s nothing we can do. We can’t edit or update or take the football far from you as soon as you have it. In the traditional world, there’s a lot of these resellers. Therefore GoDaddy is a reseller for example of.com domains. We’re mainly selling our own domains at unstoppabledomains.com today. However 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 started, it was a little much easier for us to kind of manage the whole user experience and develop all these unique tools.
– Of course a brand-new type of domain name implies that you can’t register.com,. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s a totally various domain name system, implying 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 new domain name system. Unstoppable Domains has a service for this, thanks to Cloudflare including support for their domains.