Find Namecoin Wallet Ios…and today I’m very excited to explore this concept of a decentralized web. So when it concerns domains and the idea of a decentralized web, many of you ask me, “Christian, do I really own my domain name outright?” Or, “Are there stipulations connected to my registration?” The answer is no, you do not own your domain name outright, however policies and regulations normally 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 computer registry and they have full control over what happens with your domain name. I’ve spoken about this approved monopoly system before which you can find out more about in my “Domain frequently asked question” video but you do not own your domain name. It’s actually difficult to own a traditional domain name. You may have noticed, I stated traditional domain name since a business’s working on a new kind of domain name that you can own outright. I had the chance 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 believed this was really, really cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain names on blockchains and this is different than a standard domain because the domain name is kept by you, the user inside of your cryptocurrency wallet. So it’s kept inside of your wallet, much 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, nobody can do it.
– Right now, when you go to purchase a domain name you don’t actually own it. You’re leasing it from a domain registrar like Namecheap and they’re leasing it at wholesale prices from the domain computer registry. If it’s a.com domain you’re trusting the pc registry not to change costs or take the domain away from you in the future.
If you were to like, you know picture what things are going to be like in 5 to 10 years. Yeah, there should be lots of various sellers and resellers and things like that. – Obviously a brand-new kind of domain implies that you can’t register.com,. co,. net or any of the basic TLDs you’re utilized to seeing. Right now Unstoppable Domains is beginning with.crypto. Not a TLD you ‘d consider being an ideal fit for your blog site or service but we might see some generic TLDs being used in the future. In the meantime, Unstoppable Domains is catering to crypto enthusiasts. It’s a completely various domain system, suggesting you can’t type craylor.crypto into your web browser and load it or can you? See these crypto domains are NFT products. You’ve most likely seen this term appear everywhere just recently. Non-fungible tokens are units of information on a journal, that is the blockchain and they represent a special digital product.
In this case, a domain name. Now I’m not declaring to understand all the technical specifics of this brand-new domain system. To be sincere, I still struggle with a few of the ideas of cryptocurrency, and I’m not a professional in this area. 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 bottleneck is that internet web browsers Google Chrome, Safari, and Microsoft Edge have not yet implemented support for NFT domains. Unstoppable Domains has a solution for this, thanks to Cloudflare including support for their domains.