Find Namecoin Price In Inr…and today I’m very thrilled to explore this idea of a decentralized web. So when it concerns domains and the principle of a decentralized web, a number of you ask me, “Christian, do I actually own my domain name outright?” Or, “Exist stipulations attached to my registration?” The response is no, you don’t own your domain name outright, however policies and guidelines typically safeguard the domain from being taken from you. At the end of the day,
it is completely possible for your domain to be taken. You’re leasing it from the domain pc registry and they have full control over what occurs with your domain. I’ve discussed this approved monopoly system prior to which you can find out more about in my “Domain FAQ” video but you do not own your domain. It’s really difficult to own a standard domain name. You may have seen, I said conventional domain name because 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 believed this was actually, truly cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain names on blockchains and this is various than a standard domain because the domain is kept by you, the user inside of your cryptocurrency wallet. It’s saved inside of your wallet, simply like a cryptocurrency would be. And what this does is it means that no one else can move the domain around, take it away from you, make updates to the domain, anything. Unstoppable Domains can’t do it, nobody can do it.
– Right now, when you go to buy a domain name you don’t in fact own it. You’re leasing it from a domain registrar like Namecheap and they’re renting it at wholesale prices from the domain pc registry. If it’s a.com domain you’re relying on the registry not to alter prices or take the domain away from you in the future.
However if you were to like, you understand envision what things are going to be like in five to 10 years. Yeah, there ought to be lots of various sellers and resellers and things like that. – Of course a brand-new type of domain name indicates that you can’t register.com,. co,. net or any of the basic TLDs you’re utilized to seeing. Today Unstoppable Domains is starting with.crypto. Not a TLD you ‘d consider being a perfect fit for your blog or business but we might see some generic TLDs being offered in the future. For now, Unstoppable Domains is dealing with crypto lovers. It’s a totally various domain name system, meaning you can’t type craylor.crypto into your internet browser and load it or can you? See these crypto domains are NFT products. You’ve most likely seen this term pop up all over just recently. Non-fungible tokens are units of information on a journal, that is the blockchain and they represent a special digital item.
In this case, a domain. Now I’m not declaring to understand all the technical specifics of this new domain system. To be sincere, I still struggle with a few of the concepts of cryptocurrency, and I’m not a professional in this area. But 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 internet. The biggest traffic jam is that web browsers Google Chrome, Safari, and Microsoft Edge have actually not yet executed assistance for NFT domains. Unstoppable Domains has an option for this, thanks to Cloudflare adding assistance for their domains.