Find Namecoin-qt Macosx…and today I’m incredibly delighted to explore this concept of a decentralized web. So when it concerns domains and the idea of a decentralized web, much of you ask me, “Christian, do I really own my domain name outright?” Or, “Are there terms connected to my registration?” The response is no, you do not own your domain name outright, but guidelines and policies usually protect the domain from being drawn from you. At the end of the day,
it is completely possible for your domain to be seized. You’re renting it from the domain windows registry and they have full control over what occurs with your domain name. I’ve talked about this approved monopoly system prior to which you can discover more about in my “Domain FAQ” video however you do not own your domain name. It’s in fact impossible to own a conventional domain name. You may have observed, I stated conventional domain due to the fact that a business’s working on a new kind of domain name 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 just believed this was truly, truly cool what Unstoppable Domains was doing. – So Unstoppable Domains builds domain names on blockchains and this is various than a conventional domain since the domain name is saved by you, the user within your cryptocurrency wallet. It’s kept inside of your wallet, simply like 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, no one can do it.
– Right now, when you go to buy 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 registry. If it’s a.com domain you’re relying on the computer registry not to change costs or take the domain away from you in the future.
But if you were to like, you understand envision what things are going to be like in five to 10 years. Yeah, there should be lots of various sellers and resellers and things like that. – Of course a brand-new type of domain means that you can’t register.com,. co,. net or any of the standard TLDs you’re utilized to seeing. Now Unstoppable Domains is beginning with.crypto. Not a TLD you ‘d consider being a perfect fit for your blog or organization however we could see some generic TLDs being offered in the future. In the meantime, Unstoppable Domains is catering to crypto lovers. It’s a totally different domain system, implying you can’t type craylor.crypto into your web browser and load it or can you? See these crypto domains are NFT items. You have actually most likely seen this term turn up everywhere just recently. Non-fungible tokens are systems of information on a ledger, 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 honest, I still deal with some of the principles of cryptocurrency, and I’m not a professional in this space. Today we’re not focusing as much on the technical side of NFT domains but more on what it indicates for the future of the internet. The biggest bottleneck is that web browsers Google Chrome, Safari, and Microsoft Edge have actually not yet carried out support for NFT domains. Unstoppable Domains has a service for this, thanks to Cloudflare including support for their domains.