Find Unstoppable Domains Layer 2 Release Date…and today I’m super delighted to explore this idea of a decentralized web. When it comes to domains and the idea of a decentralized web, many of you ask me, “Christian, do I actually own my domain name outright?” Or, “Exist specifications attached to my registration?” The response is no, you do not own your domain name outright, but policies and regulations normally safeguard the domain from being taken from you. At the end of the day,
You’re renting it from the domain registry and they have full control over what happens with your domain name. You might have discovered, I stated standard domain name due to the fact that a company’s working on a brand-new type of domain name that you can own outright. – So Unstoppable Domains builds domain names on blockchains and this is various than a conventional domain since the domain name is kept by you, the user inside of your cryptocurrency wallet.
They require to go and get your private secret, which is on your device, like your phone or your computer system or whatever. – Today, when you go to purchase a domain you do not actually own it. You’re renting it from a domain registrar like Namecheap and they’re renting it at wholesale pricing from the domain computer registry. For.com domains that’s Verisign. Verisign holds the secrets to every single.com domain. Which implies they have the power to take a domain name at any given time. Now, this is technically incredibly uncommon, however it is possible. And it raises a rising issue with our internet, control. Brad calls this the power structure of a domain name system. – We’re a pc registry similar to like a Verisign. Since as soon as we’ve offered you a domain there’s absolutely nothing that we can do, the power structure is extremely different. If it’s a.com domain you’re relying on the computer registry not to alter prices 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. When you buy a domain name it’s more like buying a football from us. Like there’s nothing we can do. When you have it, we can’t modify or update or take the football away from you. 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 right now. However there are a couple of others that you can purchase them. You can go to MyEtherWallet, for instance, and you can purchase them. Yeah, I believe that’s something that’s going to develop. In regards to us getting going, it was a little simpler for us to sort of handle the entire user experience and build all these unique tools.
– Of course a brand-new type of domain name suggests that you can’t register.com,. For now, Unstoppable Domains is catering to crypto lovers. It’s an absolutely various 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. Now I’m not claiming to understand all the technical specifics of this new domain name system. To be truthful, I still have problem with some of the ideas of cryptocurrency, and I’m not an expert in this area. However today we’re not focusing as much on the technical side of NFT domains however more on what it indicates for the future of the internet. The greatest traffic jam is that internet web browsers Google Chrome, Safari, and Microsoft Edge have not yet implemented support for NFT domains. Unstoppable Domains has a solution for this, thanks to Cloudflare adding support for their domains.