Find Unstoppable Domains Forum…and today I’m very excited to explore this principle of a decentralized web. When it comes to domains and the concept of a decentralized web, many of you ask me, “Christian, do I in fact own my domain name outright?” Or, “Are there terms attached to my registration?” The response is no, you don’t own your domain name outright, however guidelines and policies typically protect the domain from being drawn from you. At the end of the day,
it is totally possible for your domain to be seized. You’re renting it from the domain computer system registry and they have complete control over what happens with your domain name. I have actually talked about this approved monopoly system prior to which you can discover more about in my “Domain frequently asked question” video but you do not own your domain. It’s actually impossible to own a traditional domain. You might have observed, I said standard domain name since a business’s dealing with a new kind of domain that you can own outright. I had the opportunity 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 actually, really cool what Unstoppable Domains was doing. – So Unstoppable Domains builds domain on blockchains and this is various than a traditional domain since the domain name is stored by you, the user within your cryptocurrency wallet. So it’s kept inside of your wallet, similar to a cryptocurrency would be. And what this does is it indicates 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 require to go and get your personal secret, which is on your gadget, like your phone or your computer or whatever. – Right now, when you go to acquire a domain name you do not in fact own it. You’re renting it from a domain registrar like Namecheap and they’re renting 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 suggests they have the power to take a domain name at any offered time. Now, this is technically incredibly rare, however it is possible. And it raises an increasing issue with our internet, control. Brad calls this the class structure of a domain name system. – We’re a registry similar to like a Verisign. Due to the fact that once we have actually offered you a domain there’s absolutely nothing that we can do, the power structure is extremely various. If it’s a.com domain you’re relying on the registry not to change rates or take the domain far from you in the future. Our domain names are one-time costs, so you never have to fret about it. Once you buy a domain 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 away from you when you have it. In the standard world, there’s a great deal of these resellers. And so GoDaddy is a reseller for example of.com domains. We’re mainly offering our own domains at unstoppabledomains.com today. But there are a number of others that you can purchase them. You can go to MyEtherWallet, for instance, and you can purchase them. So, yeah, I believe that’s something that’s going to construct. In regards to us starting, it was a little much easier for us to type of manage the whole user experience and construct all these unique tools.
However if you were to like, you know envision what things are going to resemble in five to 10 years. Yeah, there ought to be lots of various sellers and resellers and things like that. – Of course a brand-new kind of domain suggests that you can’t register.com,. co,. net or any of the basic TLDs you’re used to seeing. Right now Unstoppable Domains is starting with.crypto. Not a TLD you ‘d think of as being an ideal suitable for your blog site or service however we could see some generic TLDs being used in the future. For now, Unstoppable Domains is catering to crypto lovers. It’s a completely various domain system, implying you can’t type craylor.crypto into your internet browser and load it or can you? See these crypto domains are NFT items. You have actually probably seen this term appear all over just recently. Non-fungible tokens are systems of information on a journal, that is the blockchain and they represent a distinct digital product.
In this case, a domain name. Now I’m not declaring to comprehend all the technical specifics of this brand-new domain name system. Unstoppable Domains has an option for this, thanks to Cloudflare adding support for their domains.