Find Unstoppable Domains Promo Credits…The response is no, you do not own your domain name outright, however policies and policies normally 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 renting it from the domain computer registry and they have full control over what occurs with your domain. I’ve spoken about this sanctioned monopoly system prior to which you can find out 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 traditional domain name. You might have discovered, I said traditional domain name since a business’s dealing with a brand-new kind of domain that you can own outright. I had the chance 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 just believed this was truly, truly cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain on blockchains and this is various than a standard domain due to the fact that the domain name is stored by you, the user within your cryptocurrency wallet. It’s saved inside of your wallet, just like a cryptocurrency would be. And what this does is it indicates 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, nobody can do it.
They need to go and get your private secret, which is on your gadget, like your phone or your computer system or whatever. – Right now, 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 prices from the domain registry. For.com domains that’s Verisign. Verisign holds the keys to every single.com domain. And that means they have the power to take a domain name at any offered time. Now, this is technically very uncommon, but it is possible. And it brings up a rising issue with our web, control. Brad calls this the power structure of a domain name system. – We’re a pc registry comparable to like a Verisign. Because when we’ve offered you a domain there’s nothing that we can do, the power structure is really various. If it’s a.com domain you’re trusting the pc registry not to change prices or take the domain far from you in the future. Our domain are one-time costs, so you never have to worry about it. Once you buy a domain name it’s more like buying a football from us. Like there’s absolutely nothing we can do. As soon as you have it, we can’t edit or update or take the football away from you. In the standard world, there’s a great deal of these resellers. Therefore GoDaddy is a reseller for instance of.com domains. We’re primarily offering our own domains at unstoppabledomains.com right now. There are a couple of others that you can purchase them. You can go to MyEtherWallet, for example, and you can buy them. Yeah, I believe that’s something that’s going to construct. In regards to us getting started, it was a little simpler for us to kind of handle the entire user experience and construct all these special tools.
– Of course a brand-new type of domain name indicates that you can’t register.com,. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s an absolutely different domain name system, indicating you can’t type craylor.crypto into your browser and load it or can you?
In this case, a domain name. Now I’m not claiming to understand all the technical specifics of this new domain name system. To be sincere, I still struggle with some 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 suggests for the future of the web. The biggest traffic jam is that web web browsers Google Chrome, Safari, and Microsoft Edge have not yet executed assistance for NFT domains. Unstoppable Domains has a solution for this, thanks to Cloudflare including assistance for their domains.