Find Unstoppable Domains On Ledger…and today I’m super excited to explore this principle of a decentralized web. So when it pertains to domains and the idea of a decentralized web, a lot of you ask me, “Christian, do I actually own my domain outright?” Or, “Exist terms attached to my registration?” The response is no, you do not own your domain name outright, however policies and policies usually secure the domain from being taken from you. But at the end of the day,
it is completely possible for your domain to be seized. You’re leasing it from the domain registry and they have full control over what occurs with your domain name. I have actually talked about this sanctioned monopoly system prior to which you can discover 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 conventional domain. You might have observed, I stated conventional domain name due to the fact that a company’s working on a new kind of domain that you can own outright. I had the chance 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 simply believed this was really, really cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain on blockchains and this is various than a conventional domain due to the fact that the domain name is kept by you, the user within your cryptocurrency wallet. It’s kept inside of your wallet, just like a cryptocurrency would be. And what this does is it suggests that nobody 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.
They require to go and get your private secret, which is on your device, like your phone or your computer or whatever. – Today, when you go to buy a domain name you do not really own it. You’re leasing it from a domain registrar like Namecheap and they’re renting it at wholesale prices from the domain computer system registry. For.com domains that’s Verisign. Verisign holds the keys to every single.com domain. Which means they have the power to take a domain at any provided time. Now, this is technically incredibly rare, however it is possible. And it brings up an increasing issue with our internet, control. Brad calls this the class structure of a domain name system. – We’re a computer system registry similar to like a Verisign. The power structure is really different because as soon as we’ve sold you a domain there’s nothing that we can do. , if it’s a.com domain you’re trusting the registry not to alter rates or take the domain away from you in the future.. Our domain names are one-time fees, so you never ever have to fret about it. Once you purchase a domain it’s more like buying a football from us. Like there’s nothing we can do. We can’t upgrade or modify or take the football away from you when you have it. In the conventional world, there’s a great deal of these resellers. Therefore GoDaddy is a reseller for example of.com domains. We’re primarily offering our own domains at unstoppabledomains.com right now. But there are a couple of others that you can purchase them. You can go to MyEtherWallet, for example, and you can purchase them. So, yeah, I think that’s something that’s going to build. In regards to us getting started, it was a little simpler for us to type of handle the whole user experience and construct all these special tools.
– Of course a brand-new type of domain name means that you can’t register.com,. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s an absolutely different domain name system, meaning you can’t type craylor.crypto into your web browser and load it or can you?
In this case, a domain name. Now I’m not declaring to understand all the technical specifics of this new domain system. To be truthful, I still battle with some of the principles of cryptocurrency, and I’m not a professional in this area. However today we’re not focusing as much on the technical side of NFT domains however more on what it means for the future of the web. The biggest traffic jam is that internet browsers Google Chrome, Safari, and Microsoft Edge have not yet carried out support for NFT domains. Unstoppable Domains has an option for this, thanks to Cloudflare including assistance for their domains.