Find Youtube How Do Blockchain Domains Work…and today I’m incredibly thrilled to explore this idea of a decentralized web. So when it pertains to domains and the concept of a decentralized web, a lot of you ask me, “Christian, do I actually own my domain outright?” Or, “Are there stipulations attached to my registration?” The response is no, you do not own your domain name outright, however policies and policies usually protect the domain from being drawn from you. But at the end of the day,
it is entirely possible for your domain name to be seized. You’re renting it from the domain windows registry and they have full control over what occurs with your domain. I have actually spoken about this sanctioned monopoly system prior to which you can discover more about in my “Domain FAQ” video but you don’t own your domain. It’s in fact difficult to own a standard domain. You may have seen, I stated conventional domain name because a business’s dealing with a new type of domain name 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 believed this was really, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain names on blockchains and this is various than a conventional domain since the domain is kept by you, the user within your cryptocurrency wallet. So it’s saved within your wallet, much like a cryptocurrency would be. And what this does is it indicates that no one else can move the domain around, take it far 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 leasing it from a domain registrar like Namecheap and they’re renting it at wholesale pricing from the domain computer system registry. If it’s a.com domain you’re relying on the registry not to alter rates 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 a totally different domain name system, suggesting 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 claiming to comprehend all the technical specifics of this new domain name system. Unstoppable Domains has an option for this, thanks to Cloudflare adding assistance for their domains.