Find Namecoin Mining Software…The response is no, you don’t own your domain name outright, but guidelines and policies usually secure the domain from being taken from you. At the end of the day,
it is totally possible for your domain to be taken. You’re renting it from the domain computer registry and they have full control over what occurs with your domain. I’ve discussed this approved monopoly system before which you can find out more about in my “Domain frequently asked question” video however you don’t own your domain. It’s in fact difficult to own a conventional domain name. You may have seen, I stated traditional domain since a business’s dealing with a brand-new kind of domain 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 believed this was actually, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain names on blockchains and this is different than a standard domain due to the fact that the domain name is saved by you, the user inside of your cryptocurrency wallet. So it’s saved inside of your wallet, just like a cryptocurrency would be. And what this does is it suggests 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, 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 or whatever. – Today, when you go to acquire a domain name you do not really own it. You’re renting it from a domain registrar like Namecheap and they’re renting it at wholesale pricing from the domain computer registry. For.com domains that’s Verisign. Verisign holds the keys to every single.com domain. Which indicates they have the power to seize a domain at any offered time. Now, this is technically incredibly 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 name system. – We’re a computer registry comparable to like a Verisign. The power structure is extremely different because as soon as we have actually sold you a domain there’s nothing that we can do. If it’s a.com domain you’re relying on the registry not to alter prices or take the domain far from you in the future. Our domain names are one-time costs, so you never need to worry about it. When you purchase a domain it’s more like purchasing a football from us. Like there’s absolutely nothing we can do. We can’t update or modify 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 instance of.com domains. We’re mostly selling our own domains at unstoppabledomains.com today. However there are a couple of others that you can purchase them. You can go to MyEtherWallet, for example, and you can buy them. Yeah, I believe that’s something that’s going to develop. In terms of us getting started, it was a little simpler for us to type of handle the entire user experience and build all these unique tools.
– Of course a new type of domain name indicates that you can’t register.com,. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s an absolutely 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 declaring to comprehend all the technical specifics of this new domain system. To be truthful, I still deal with some of the concepts of cryptocurrency, and I’m not an expert in this area. However today we’re not focusing as much on the technical side of NFT domains however more on what it means for the future of the web. The biggest bottleneck is that internet browsers Google Chrome, Safari, and Microsoft Edge have not yet executed support for NFT domains. Unstoppable Domains has a service for this, thanks to Cloudflare adding support for their domains.