Find Unstoppable Domains On Airdrop…The response is no, you don’t own your domain name outright, but policies and regulations generally protect the domain from being taken from you. At the end of the day,
it is completely possible for your domain to be taken. You’re leasing it from the domain computer registry and they have full control over what happens with your domain name. I have actually spoken about this approved monopoly system prior to which you can find out more about in my “Domain FAQ” video but you don’t own your domain name. It’s actually impossible to own a conventional domain name. You might have discovered, I said traditional domain name because a company’s dealing with a brand-new kind of domain name that you can own outright. I had the opportunity 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, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains builds domain names on blockchains and this is various than a standard domain due to the fact that the domain is saved by you, the user within your cryptocurrency wallet. So it’s kept inside of your wallet, much like a cryptocurrency would be. And what this does is it suggests that no one 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.
– Right now, when you go to purchase a domain name you don’t really own it. You’re leasing it from a domain registrar like Namecheap and they’re renting it at wholesale prices from the domain windows registry. If it’s a.com domain you’re trusting the registry not to alter costs or take the domain away from you in the future.
However if you were to like, you know envision what things are going to be like in 5 to ten years. Yeah, there should be lots of various sellers and resellers and things like that. – Naturally a new kind of domain indicates that you can’t register.com,. co,. net or any of the basic TLDs you’re utilized to seeing. Now Unstoppable Domains is beginning with.crypto. Not a TLD you ‘d consider being a perfect suitable for your blog site or service but we might see some generic TLDs being provided in the future. For now, Unstoppable Domains is catering to crypto lovers. It’s a totally 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 items. You’ve most likely seen this term pop up all over just recently. Non-fungible tokens are systems of information on a ledger, 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 professional in this space. 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 most significant traffic jam is that web web browsers Google Chrome, Safari, and Microsoft Edge have not yet executed support for NFT domains. Unstoppable Domains has an option for this, thanks to Cloudflare including support for their domains.