Find Unstoppable Domains L2…The answer is no, you do not own your domain name outright, however policies and guidelines generally secure the domain from being taken from you. At the end of the day,
it is totally possible for your domain name to be taken. You’re leasing it from the domain windows registry and they have full control over what occurs with your domain name. I have actually spoken about this sanctioned monopoly system before which you can discover more about in my “Domain FAQ” video however you don’t own your domain. It’s really impossible to own a conventional domain name. You might have observed, I said conventional domain because a business’s dealing with a new type of domain name that you can own outright. I had the opportunity 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 thought 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 is saved 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 suggests 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 buy a domain name you do not really own it. You’re renting it from a domain registrar like Namecheap and they’re leasing it at wholesale pricing from the domain windows registry. If it’s a.com domain you’re relying on the computer registry not to change prices or take the domain away from you in the future.
However if you were to like, you understand picture what things are going to be like in 5 to ten years. Yeah, there ought to be lots of different sellers and resellers and things like that. – Naturally a new type of domain implies that you can’t register.com,. co,. net or any of the basic TLDs you’re utilized 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 or service however we could see some generic TLDs being offered in the future. In the meantime, Unstoppable Domains is dealing with crypto lovers. It’s an absolutely various domain name system, suggesting you can’t type craylor.crypto into your web browser and load it or can you? See these crypto domains are NFT items. You have actually probably seen this term pop up everywhere 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 claiming to understand all the technical specifics of this new domain system. To be honest, I still battle with some 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 implies for the future of the web. The biggest bottleneck is that web browsers Google Chrome, Safari, and Microsoft Edge have not yet carried out assistance for NFT domains. Unstoppable Domains has a service for this, thanks to Cloudflare including support for their domains.