Find Public Domain Cryptocurrency…and today I’m incredibly excited to explore this concept of a decentralized web. When it comes to domains and the principle of a decentralized web, numerous of you ask me, “Christian, do I actually own my domain name outright?” Or, “Are there terms attached to my registration?” The answer is no, you don’t own your domain name outright, however policies and guidelines typically safeguard the domain from being taken from you. At the end of the day,
You’re leasing it from the domain computer system registry and they have complete control over what occurs with your domain name. You may have observed, I said traditional domain name because a business’s working on a brand-new type of domain name that you can own outright. – So Unstoppable Domains constructs domain names on blockchains and this is different than a traditional domain due to the fact that the domain name is kept by you, the user inside of your cryptocurrency wallet.
They require to go and get your personal secret, 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 leasing it at wholesale rates from the domain windows registry. For.com domains that’s Verisign. Verisign holds the keys to every single.com domain. Which implies they have the power to seize a domain name at any offered time. Now, this is technically very uncommon, however it is possible. And it brings up an increasing issue with our internet, control. Brad calls this the power structure of a domain name system. – We’re a windows registry comparable to like a Verisign. The class structure is very different since once we have actually offered you a domain there’s nothing that we can do. If it’s a.com domain you’re relying on the computer registry not to alter prices or take the domain far from you in the future. Our domain are one-time fees, so you never need to stress over it. When you buy a domain name it’s more like purchasing a football from us. Like there’s absolutely nothing we can do. We can’t update or modify or take the football far from you once you have it. In the conventional world, there’s a lot of these resellers. Therefore GoDaddy is a reseller for example of.com domains. We’re mostly offering our own domains at unstoppabledomains.com right now. However there are a couple of others that you can purchase them. You can go to MyEtherWallet, for example, and you can purchase them. Yeah, I think that’s something that’s going to develop. In regards to us starting, it was a little much easier for us to sort of handle the whole user experience and construct all these special tools.
– Of course a new type of domain name implies that you can’t register.com,. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s a completely 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 name. Now I’m not declaring to understand all the technical specifics of this brand-new domain name system. To be sincere, I still fight with some of the concepts of cryptocurrency, and I’m not a specialist in this area. However 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 web. The biggest bottleneck is that web web browsers Google Chrome, Safari, and Microsoft Edge have actually not yet implemented support for NFT domains. Unstoppable Domains has a solution for this, thanks to Cloudflare including assistance for their domains.