Find View .Crypto Domains…and today I’m extremely excited to explore this principle 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, “Are there specifications connected to my registration?” The answer is no, you do not own your domain name outright, however policies and policies normally secure the domain from being taken from you. However at the end of the day,
it is entirely possible for your domain to be taken. You’re renting it from the domain pc registry and they have complete control over what happens with your domain name. I have actually discussed this sanctioned monopoly system prior to which you can learn more about in my “Domain FAQ” video however you don’t own your domain name. It’s actually difficult to own a conventional domain name. You may have discovered, I stated conventional domain because a company’s dealing with a new kind of domain that you can own outright. I had the opportunity 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 thought this was truly, really cool what Unstoppable Domains was doing. – So Unstoppable Domains builds domain on blockchains and this is different than a conventional domain because the domain name is stored by you, the user inside of your cryptocurrency wallet. So it’s stored inside of your wallet, similar to 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.
– Right now, when you go to purchase a domain name you do not really own it. You’re leasing it from a domain registrar like Namecheap and they’re leasing it at wholesale pricing from the domain 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.
– Of course a brand-new type of domain name suggests that you can’t register.com,. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s an absolutely different domain name system, meaning 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 declaring to comprehend all the technical specifics of this new domain name system. Unstoppable Domains has an option for this, thanks to Cloudflare adding support for their domains.