Find Unstoppable Domains Use Cases…The answer 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 totally possible for your domain name to be taken. You’re leasing it from the domain registry and they have full control over what happens with your domain. I have actually spoken about this approved monopoly system prior to which you can discover more about in my “Domain frequently asked question” video however you don’t own your domain. It’s in fact impossible to own a traditional domain. You may have observed, I stated traditional domain since a company’s working on a brand-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 thought this was truly, truly cool what Unstoppable Domains was doing. – So Unstoppable Domains builds domain on blockchains and this is different than a traditional domain due to the fact that the domain is stored by you, the user within your cryptocurrency wallet. So it’s kept within your wallet, just like a cryptocurrency would be. And what this does is it suggests that no one 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.
– Right now, when you go to buy a domain name you do not really own it. You’re renting it from a domain registrar like Namecheap and they’re renting it at wholesale prices from the domain pc registry. If it’s a.com domain you’re trusting the computer system registry not to alter prices or take the domain away from you in the future.
If you were to like, you know envision what things are going to be like in five to 10 years. Yeah, there ought to be great deals of various sellers and resellers and things like that. – Naturally a brand-new kind of domain name indicates that you can’t register.com,. co,. net or any of the basic TLDs you’re used to seeing. Right now Unstoppable Domains is starting with.crypto. Not a TLD you ‘d consider being a perfect suitable for your blog or company however we could see some generic TLDs being provided in the future. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s a completely different domain system, suggesting you can’t type craylor.crypto into your browser and load it or can you? See these crypto domains are NFT products. You’ve probably seen this term appear 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 comprehend all the technical specifics of this new domain name system. To be honest, I still fight with a few of the concepts of cryptocurrency, and I’m not a professional in this area. But today we’re not focusing as much on the technical side of NFT domains however more on what it indicates for the future of the internet. The greatest traffic jam is that web web browsers Google Chrome, Safari, and Microsoft Edge have not yet carried out assistance for NFT domains. Unstoppable Domains has an option for this, thanks to Cloudflare adding support for their domains.