Find .Nft Domain…and today I’m very thrilled to explore this principle of a decentralized web. When it comes to domains and the principle of a decentralized web, numerous of you ask me, “Christian, do I in fact own my domain name outright?” Or, “Exist terms attached to my registration?” The answer is no, you don’t own your domain name outright, however policies and regulations typically secure the domain from being taken from you. However at the end of the day,
it is entirely possible for your domain to be taken. You’re leasing it from the domain registry and they have complete control over what happens with your domain. I have actually spoken about this sanctioned monopoly system before which you can discover more about in my “Domain frequently asked question” video however you do not own your domain. It’s actually impossible to own a conventional domain name. You may have seen, I stated conventional domain name due to the fact that a company’s dealing with a new type of domain that you can own outright. I had the possibility 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 just believed this was really, really cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain names on blockchains and this is various than a traditional domain due to the fact that the domain name is stored by you, the user within your cryptocurrency wallet. So it’s stored within your wallet, similar to a cryptocurrency would be. And what this does is it suggests that nobody 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.
– Right now, when you go to purchase a domain name you do not really 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 relying on the pc registry not to change costs or take the domain away from you in the future.
– Of course a new type of domain name indicates that you can’t register.com,. For now, Unstoppable Domains is catering to crypto lovers. It’s a totally various domain name system, implying you can’t type craylor.crypto into your browser and load it or can you?
In this case, a domain name. Now I’m not declaring to understand all the technical specifics of this new domain name system. Unstoppable Domains has an option for this, thanks to Cloudflare adding assistance for their domains.