Find Viabtc Give Namecoin…The response is no, you don’t own your domain name outright, however policies and policies usually protect the domain from being taken from you. At the end of the day,
it is entirely possible for your domain to be taken. You’re renting it from the domain registry and they have full control over what occurs with your domain name. I’ve talked about 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 name. It’s in fact difficult to own a standard domain. You may have noticed, I stated conventional domain since a company’s dealing with a brand-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 just thought this was really, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain names 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. It’s stored 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 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 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 registry. If it’s a.com domain you’re trusting the computer system registry not to change prices or take the domain away from you in the future.
But if you were to like, you understand picture what things are going to resemble in five to 10 years. Yeah, there should be great deals of different sellers and resellers and things like that. – Naturally a brand-new type of domain means that you can’t register.com,. co,. net or any of the basic TLDs you’re used to seeing. Now Unstoppable Domains is beginning with.crypto. Not a TLD you ‘d consider being a perfect suitable for your blog or business but we might see some generic TLDs being provided in the future. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s a totally different domain system, indicating you can’t type craylor.crypto into your web browser and load it or can you? See these crypto domains are NFT items. You have actually most likely seen this term appear all over recently. Non-fungible tokens are units of data on a journal, that is the blockchain and they represent a distinct digital product.
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 honest, I still battle with a few 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 however more on what it suggests for the future of the internet. The greatest traffic jam is that internet 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 including support for their domains.