Unstoppable Domains Exodus – Ultimate Crypto FAQ

Find Unstoppable Domains Exodus…and today I’m incredibly thrilled to explore this concept of a decentralized web. So when it comes to domains and the principle of a decentralized web, many of you ask me, “Christian, do I really own my domain outright?” Or, “Are there terms connected to my registration?” The response is no, you do not own your domain name outright, however regulations and policies typically secure the domain from being drawn from you. However at the end of the day,

it is completely possible for your domain to be seized. You’re leasing it from the domain computer registry and they have complete control over what occurs with your domain name. I’ve talked about this approved monopoly system before which you can find out more about in my “Domain frequently asked question” video but you don’t own your domain name. It’s in fact impossible to own a standard domain. You might have noticed, I stated conventional domain since a company’s working on a brand-new kind of domain that you can own outright. I had the chance to interview 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 believed this was really, 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 stored by you, the user inside of your cryptocurrency wallet. So it’s saved inside of your wallet, much 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, no one can do it.

– Right now, when you go to purchase 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 prices from the domain computer system registry. If it’s a.com domain you’re trusting the registry not to change rates or take the domain away from you in the future.

But if you were to like, you understand imagine what things are going to resemble in 5 to ten years. Yeah, there should be lots of different sellers and resellers and things like that. – Obviously a new type of domain name implies that you can’t register.com,. co,. net or any of the standard 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 or service however we could see some generic TLDs being used in the future. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s an absolutely various domain name system, meaning you can’t type craylor.crypto into your internet browser and load it or can you? See these crypto domains are NFT products. You have actually probably seen this term pop up all over recently. Non-fungible tokens are systems of data on a journal, that is the blockchain and they represent an unique digital item.

In this case, a domain. Now I’m not declaring to understand all the technical specifics of this new domain system. To be honest, I still have problem with a few of the ideas of cryptocurrency, and I’m not a specialist in this area. 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 internet. The greatest bottleneck is that web web browsers Google Chrome, Safari, and Microsoft Edge have actually not yet carried out support for NFT domains. Unstoppable Domains has a solution for this, thanks to Cloudflare including assistance for their domains.