Find Selling Namecoin For Bitcoin…The response is no, you do not own your domain name outright, but regulations and policies typically secure the domain from being taken from you. At the end of the day,
it is entirely possible for your domain name to be seized. You’re renting it from the domain computer system registry and they have full control over what occurs with your domain. I have actually spoken about this approved monopoly system prior to which you can discover more about in my “Domain FAQ” video but you do not own your domain name. It’s really impossible to own a standard domain name. You may have noticed, I stated traditional domain since a business’s working on a brand-new kind of domain that you can own outright. I had the chance 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 thought this was truly, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain names on blockchains and this is different than a conventional domain since the domain name is kept by you, the user inside of your cryptocurrency wallet. It’s stored inside of your wallet, simply like a cryptocurrency would be. And what this does is it means 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, nobody can do it.
They need to go and get your personal key, which is on your gadget, like your phone or your computer system or whatever. – Right now, when you go to acquire a domain name you don’t in fact own it. You’re leasing 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 implies they have the power to take a domain name at any offered time. Now, this is technically extremely rare, but it is possible. And it raises a rising problem with our internet, control. Brad calls this the power structure of a domain system. – We’re a windows registry comparable to like a Verisign. Due to the fact that when we’ve sold 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 trusting the registry not to change costs or take the domain away from you in the future.. Our domain names are one-time costs, so you never ever need to stress over it. As soon as you purchase a domain it’s more like buying a football from us. Like there’s nothing we can do. As soon as you have it, we can’t upgrade or edit or take the football away from you. In the standard world, there’s a lot of these resellers. And so GoDaddy is a reseller for instance of.com domains. We’re primarily selling our own domains at unstoppabledomains.com today. 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 think that’s something that’s going to construct. In terms of us starting, it was a little simpler for us to type of manage the whole user experience and construct all these unique tools.
But if you were to like, you understand envision what things are going to resemble in five to 10 years. Yeah, there should be great deals of various sellers and resellers and things like that. – Obviously a new type of domain name suggests that you can’t register.com,. co,. net or any of the basic TLDs you’re utilized to seeing. Today Unstoppable Domains is starting with.crypto. Not a TLD you ‘d think of as being a perfect suitable for your blog site or company however we could see some generic TLDs being provided in the future. In the meantime, Unstoppable Domains is accommodating crypto lovers. It’s a totally 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 products. You’ve probably seen this term appear all over recently. Non-fungible tokens are units of data on a ledger, that is the blockchain and they represent a distinct digital product.
In this case, a domain name. Now I’m not declaring to understand all the technical specifics of this brand-new domain name system. Unstoppable Domains has a service for this, thanks to Cloudflare including assistance for their domains.