it is totally possible for your domain to be taken….Blockchain Domains… You’re leasing it from the domain computer registry and they have complete control over what occurs with your domain. I’ve spoken about this approved monopoly system before which you can learn more about in my “Domain FAQ” video however you do not own your domain. It’s really difficult to own a conventional domain name. You might have noticed, I stated standard domain name since a company’s dealing with a brand-new type of domain name that you can own outright. I had the chance 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 simply thought this was actually, truly cool what Unstoppable Domains was doing. – So Unstoppable Domains builds domain names on blockchains and this is various than a conventional domain due to the fact that 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 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, no one can do it.

– Right now, when you go to acquire a domain name you do not actually own it. You’re leasing it from a domain registrar like Namecheap and they’re renting it at wholesale rates from the domain pc registry. If it’s a.com domain you’re relying on the pc registry not to alter costs or take the domain away from you in the future.

But if you were to like, you know envision what things are going to resemble in five to ten years. Yeah, there must be great deals of different sellers and resellers and things like that. – Of course a brand-new type of domain indicates that you can’t register.com,. co,. net or any of the standard TLDs you’re used to seeing. Right now Unstoppable Domains is starting with.crypto. Not a TLD you ‘d think of as being a perfect fit for your blog or service however we might see some generic TLDs being offered in the future. In the meantime, Unstoppable Domains is dealing with crypto lovers. It’s a completely different domain name system, suggesting you can’t type craylor.crypto into your web browser and load it or can you? See these crypto domains are NFT products. You have actually most likely seen this term turn up everywhere recently. Non-fungible tokens are units of information on a journal, that is the blockchain and they represent a special digital product.

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 a solution for this, thanks to Cloudflare adding support for their domains.

You’re leasing it from the domain registry and they have full control over what happens with your domain name. You might have noticed, I said conventional domain name due to the fact that a business’s working on a new type of domain name that you can own outright. – So Unstoppable Domains develops domain names on blockchains and this is different than a traditional domain due to the fact that the domain name is kept by you, the user inside of your cryptocurrency wallet.

They need to go and get your private secret, which is on your gadget, like your phone or your computer or whatever. – Right now, when you go to acquire a domain you do not really own it. You’re renting it from a domain registrar like Namecheap and they’re leasing it at wholesale prices from the domain computer registry. For.com domains that’s Verisign. Verisign holds the secrets to every single.com domain. Which implies they have the power to take a domain at any provided time. Now, this is technically extremely rare, but it is possible. And it raises an increasing issue with our web, control. Brad calls this the power structure of a domain system. – We’re a registry comparable to like a Verisign. Due to the fact that as soon as we’ve offered 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 relying on the computer registry not to change costs or take the domain away from you in the future. Our domain names are one-time costs, so you never have to worry about it. Once you purchase 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 upgrade or modify or take the football away from you. In the standard world, there’s a great deal of these resellers. And so GoDaddy is a reseller for example of.com domains. We’re primarily offering our own domains at unstoppabledomains.com today. There are a couple of others that you can buy them. You can go to MyEtherWallet, for example, and you can buy them. Yeah, I think that’s something that’s going to develop. In regards to us getting started, it was a little simpler for us to kind of manage the whole user experience and develop all these special tools.

– Of course a new type of domain name implies that you can’t register.com,. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s a completely different domain name system, indicating 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.