Find Namecoin-wallet.Com…and today I’m very delighted to explore this idea of a decentralized web. So when it concerns domains and the principle of a decentralized web, many of you ask me, “Christian, do I in fact own my domain outright?” Or, “Exist specifications attached to my registration?” The response is no, you do not own your domain name outright, but policies and policies typically protect the domain from being taken from you. But at the end of the day,
You’re leasing it from the domain computer system registry and they have complete control over what happens with your domain name. You might have noticed, I said standard domain name due to the fact that a business’s working on a new type of domain name that you can own outright. – So Unstoppable Domains constructs domain names on blockchains and this is different than a standard domain since the domain name is saved by you, the user inside of your cryptocurrency wallet.
They need to go and get your personal key, which is on your gadget, 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 renting it at wholesale pricing from the domain registry. For.com domains that’s Verisign. Verisign holds the secrets 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 unusual, but it is possible. And it raises an increasing issue with our internet, control. Brad calls this the power structure of a domain system. – We’re a registry comparable to like a Verisign. Due to the fact that as soon as we’ve offered you a domain there’s absolutely nothing that we can do, the power structure is very various. , if it’s a.com domain you’re relying on the windows registry not to change prices or take the domain away from you in the future.. Our domain are one-time charges, so you never ever have to fret about it. Once you buy a domain it’s more like purchasing a football from us. Like there’s absolutely nothing we can do. Once you have it, we can’t edit or upgrade or take the football away from you. In the conventional world, there’s a lot of these resellers. Therefore GoDaddy is a reseller for instance of.com domains. We’re mostly offering our own domains at unstoppabledomains.com today. However there are a couple of others that you can buy them. You can go to MyEtherWallet, for example, and you can buy them. So, yeah, I believe that’s something that’s going to develop. In terms of us starting, it was a little easier for us to type of handle the whole user experience and develop all these unique tools.
– Of course a new type of domain name implies that you can’t register.com,. For now, Unstoppable Domains is catering to crypto lovers. It’s an absolutely different domain name system, meaning you can’t type craylor.crypto into your web browser and load it or can you?
In this case, a domain. Now I’m not declaring to understand all the technical specifics of this brand-new domain system. To be sincere, I still fight with a few of the principles of cryptocurrency, and I’m not a professional in this area. However today we’re not focusing as much on the technical side of NFT domains but more on what it implies for the future of the internet. The greatest traffic jam is that internet browsers Google Chrome, Safari, and Microsoft Edge have actually not yet implemented support for NFT domains. Unstoppable Domains has a service for this, thanks to Cloudflare adding assistance for their domains.