Find Namecoin To Use…The answer is no, you do not own your domain name outright, however policies and policies typically protect the domain from being taken from you. At the end of the day,
it is completely possible for your domain to be seized. You’re leasing it from the domain registry and they have full control over what occurs with your domain. I have actually spoken about this sanctioned 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 actually difficult to own a traditional domain name. You might have discovered, I stated conventional domain due to the fact that a business’s working on a brand-new type of domain name that you can own outright. I had the opportunity to talk to 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 thought this was actually, really cool what Unstoppable Domains was doing. – So Unstoppable Domains builds domain names on blockchains and this is various than a conventional domain due to the fact that the domain name is kept by you, the user within your cryptocurrency wallet. It’s stored inside of your wallet, simply like a cryptocurrency would be. And what this does is it implies 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, no one can do it.
They require to go and get your personal secret, 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 in fact own it. You’re renting it from a domain registrar like Namecheap and they’re leasing it at wholesale prices from the domain computer registry. For.com domains that’s Verisign. Verisign holds the secrets to every single.com domain. And that indicates they have the power to take a domain at any offered time. Now, this is technically incredibly rare, however it is possible. And it raises a rising problem with our web, control. Brad calls this the class structure of a domain system. – We’re a computer registry comparable to like a Verisign. The class structure is very different due to the fact that once we have actually sold you a domain there’s absolutely nothing that we can do. , if it’s a.com domain you’re relying on the pc registry not to alter prices or take the domain away from you in the future.. Our domain are one-time fees, so you never ever have to fret about it. When you buy a domain it’s more like buying a football from us. Like there’s nothing we can do. When you have it, we can’t upgrade or modify 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 example of.com domains. We’re primarily selling our own domains at unstoppabledomains.com right now. There are a couple of others that you can buy them. You can go to MyEtherWallet, for instance, and you can buy them. Yeah, I believe that’s something that’s going to develop. In terms of us starting, it was a little simpler for us to kind of handle the whole user experience and develop all these special tools.
If you were to like, you understand picture what things are going to be like in five to 10 years. Yeah, there must be great deals of different sellers and resellers and things like that. – Of course a new type of domain name means that you can’t register.com,. co,. net or any of the standard TLDs you’re utilized to seeing. Now Unstoppable Domains is starting with.crypto. Not a TLD you ‘d think of as being a perfect fit for your blog or service however we could see some generic TLDs being offered in the future. For now, Unstoppable Domains is dealing with crypto lovers. It’s an absolutely various domain name system, indicating you can’t type craylor.crypto into your browser and load it or can you? See these crypto domains are NFT items. You’ve probably seen this term turn up everywhere recently. Non-fungible tokens are units of data on a ledger, that is the blockchain and they represent an unique digital product.
In this case, a domain name. Now I’m not claiming to comprehend all the technical specifics of this new domain name system. Unstoppable Domains has a service for this, thanks to Cloudflare including assistance for their domains.