Find Unstoppable Domains C’est Quoi…and today I’m extremely delighted to explore this idea of a decentralized web. So when it comes to domains and the principle of a decentralized web, a number of you ask me, “Christian, do I in fact own my domain outright?” Or, “Are there terms attached to my registration?” The response is no, you don’t own your domain name outright, but policies and guidelines normally safeguard the domain from being drawn from you. At the end of the day,
it is totally possible for your domain to be taken. You’re leasing it from the domain computer registry and they have complete control over what happens with your domain. I’ve spoken about this approved monopoly system prior to which you can find out more about in my “Domain FAQ” video however you don’t own your domain. It’s actually difficult to own a traditional domain name. You may have seen, I said conventional domain name due to the fact that a company’s working on a brand-new type 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 simply thought this was actually, truly cool what Unstoppable Domains was doing. – So Unstoppable Domains builds domain on blockchains and this is various than a conventional domain since the domain name is saved by you, the user inside of your cryptocurrency wallet. So it’s kept within your wallet, similar to a cryptocurrency would be. And what this does is it means 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, no one can do it.
They require to go and get your private key, which is on your gadget, like your phone or your computer or whatever. – Today, when you go to acquire 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 rates from the domain computer system registry. For.com domains that’s Verisign. Verisign holds the keys to every single.com domain. And that means they have the power to take a domain at any given time. Now, this is technically extremely rare, however it is possible. And it raises an increasing 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 once we’ve sold you a domain there’s nothing that we can do, the power structure is extremely various. If it’s a.com domain you’re relying on the pc registry not to change rates or take the domain away from you in the future. Our domain are one-time fees, so you never ever have to stress over it. Once you buy a domain name it’s more like purchasing a football from us. Like there’s absolutely nothing we can do. As soon as you have it, we can’t update or edit or take the football away from you. In the conventional world, there’s a lot of these resellers. Therefore GoDaddy is a reseller for example of.com domains. We’re mainly offering our own domains at unstoppabledomains.com today. However there are a number of others that you can buy them. You can go to MyEtherWallet, for instance, and you can purchase them. Yeah, I think that’s something that’s going to construct. In terms of us getting started, it was a little much easier for us to kind of manage the whole user experience and construct all these unique tools.
– Of course a new type of domain name suggests that you can’t register.com,. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s a totally different domain name system, indicating you can’t type craylor.crypto into your internet browser and load it or can you?
In this case, a domain name. Now I’m not claiming to understand all the technical specifics of this brand-new domain name system. Unstoppable Domains has a solution for this, thanks to Cloudflare including support for their domains.