Find Unstoppable Domains Supported Coins…and today I’m very delighted to explore this idea of a decentralized web. When it comes to domains and the principle of a decentralized web, numerous of you ask me, “Christian, do I actually own my domain name outright?” Or, “Exist stipulations attached to my registration?” The answer is no, you don’t own your domain name outright, however guidelines and policies normally protect the domain from being taken from you. But at the end of the day,
it is completely possible for your domain name to be seized. You’re leasing it from the domain computer system registry and they have complete control over what occurs with your domain. I’ve discussed this approved monopoly system before which you can find out more about in my “Domain frequently asked question” video however you don’t own your domain. It’s actually impossible to own a conventional domain name. You may have seen, I said standard domain name because a business’s dealing with a new type of domain 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 believed this was really, really cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain on blockchains and this is different than a standard domain since the domain name is kept by you, the user inside of your cryptocurrency wallet. So it’s stored within your wallet, much like a cryptocurrency would be. And what this does is it means that nobody else can move the domain around, take it away from you, make updates to the domain, anything. Unstoppable Domains can’t do it, nobody can do it.
They require to go and get your personal secret, which is on your device, like your phone or your computer system or whatever. – Right now, when you go to purchase a domain name you do not actually own it. You’re leasing it from a domain registrar like Namecheap and they’re renting it at wholesale pricing from the domain pc registry. For.com domains that’s Verisign. Verisign holds the keys to every single.com domain. And that implies they have the power to take a domain name at any offered time. Now, this is technically incredibly uncommon, but it is possible. And it brings up a rising issue with our internet, control. Brad calls this the power structure of a domain system. – We’re a windows registry comparable to like a Verisign. The class structure is extremely different due to the fact that once we have actually offered you a domain there’s nothing that we can do. If it’s a.com domain you’re trusting the computer system registry not to change rates or take the domain away from you in the future. Our domain are one-time charges, so you never need to stress over it. As soon as you buy a domain it’s more like purchasing a football from us. Like there’s absolutely nothing we can do. When you have it, we can’t update or edit or take the football away from you. In the traditional world, there’s a lot of these resellers. Therefore GoDaddy is a reseller for instance of.com domains. We’re mainly selling 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 purchase them. Yeah, I think that’s something that’s going to construct. In regards to us beginning, it was a little easier for us to type of manage the entire user experience and construct all these special tools.
– Of course a 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, indicating you can’t type craylor.crypto into your internet 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 system. To be honest, I still have problem with a few of the principles of cryptocurrency, and I’m not a professional in this area. Today we’re not focusing as much on the technical side of NFT domains but more on what it indicates for the future of the internet. The greatest traffic jam is that internet browsers Google Chrome, Safari, and Microsoft Edge have actually not yet carried out assistance for NFT domains. Unstoppable Domains has an option for this, thanks to Cloudflare adding assistance for their domains.