Find Unstoppable Domains Twitter…and today I’m extremely excited to explore this idea of a decentralized web. So when it comes to domains and the idea of a decentralized web, a lot of you ask me, “Christian, do I in fact own my domain name outright?” Or, “Are there terms attached to my registration?” The answer is no, you do not own your domain name outright, however guidelines and policies usually secure the domain from being drawn from you. At the end of the day,
it is entirely possible for your domain name to be seized. You’re leasing it from the domain windows registry and they have complete control over what occurs with your domain. I’ve discussed this approved monopoly system before which you can discover more about in my “Domain frequently asked question” video however you do not own your domain. It’s really impossible to own a conventional domain. You might have observed, I said conventional domain name since a business’s working on a brand-new type of domain name that you can own outright. I had the possibility 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 actually, truly cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain on blockchains and this is various than a traditional domain since the domain is stored by you, the user inside of your cryptocurrency wallet. It’s stored inside of your wallet, just like a cryptocurrency would be. And what this does is it implies 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 or whatever. – Right now, when you go to purchase a domain name you don’t in fact own it. You’re renting it from a domain registrar like Namecheap and they’re renting it at wholesale rates from the domain computer system registry. For.com domains that’s Verisign. Verisign holds the secrets to every single.com domain. Which implies they have the power to seize a domain name at any offered time. Now, this is technically exceptionally rare, however it is possible. And it raises a rising problem with our internet, control. Brad calls this the class structure of a domain system. – We’re a pc registry similar to like a Verisign. Since when we’ve sold you a domain there’s absolutely nothing that we can do, the power structure is really different. , if it’s a.com domain you’re trusting the registry not to change rates or take the domain away from you in the future.. Our domain are one-time fees, so you never need to fret about it. As soon as you buy a domain name it’s more like purchasing a football from us. Like there’s nothing we can do. When you have it, we can’t update or modify or take the football away from you. In the traditional world, there’s a great deal of these resellers. And so GoDaddy is a reseller for instance of.com domains. We’re mainly selling 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 buy them. Yeah, I think that’s something that’s going to build. In regards to us beginning, it was a little much easier for us to type of handle the whole user experience and build all these special tools.
However if you were to like, you know imagine what things are going to be like in 5 to 10 years. Yeah, there need to be lots of different sellers and resellers and things like that. – Obviously a brand-new type of domain name implies that you can’t register.com,. co,. net or any of the basic TLDs you’re utilized to seeing. Right now Unstoppable Domains is starting with.crypto. Not a TLD you ‘d consider being a perfect suitable for your blog site or company however we might see some generic TLDs being offered in the future. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s a completely various domain system, indicating you can’t type craylor.crypto into your internet browser and load it or can you? See these crypto domains are NFT items. You have actually most likely seen this term pop up all over recently. Non-fungible tokens are systems of data on a ledger, that is the blockchain and they represent a distinct digital product.
In this case, a domain name. Now I’m not declaring to comprehend all the technical specifics of this brand-new domain name system. Unstoppable Domains has a solution for this, thanks to Cloudflare adding support for their domains.