FInd Crypto Domain Uses

 

it is totally possible for your domain name to be seized…Crypto Domain Uses… You’re leasing it from the domain computer system registry and they have complete control over what happens with your domain. I’ve spoken about this approved monopoly system before which you can discover more about in my “Domain FAQ” video but you don’t own your domain name. It’s in fact difficult to own a conventional domain name. You may have noticed, I stated standard domain name due to the fact that a company’s working on a new type of domain that you can own outright. I had the chance 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 just believed this was truly, really cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain names on blockchains and this is different than a traditional domain because the domain name is kept by you, the user inside of your cryptocurrency wallet. So it’s saved inside of your wallet, similar to a cryptocurrency would be. And what this does is it implies that nobody 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.

They require to go and get your personal key, which is on your device, like your phone or your computer or whatever. – Right now, when you go to purchase a domain you don’t actually own it. You’re leasing it from a domain registrar like Namecheap and they’re renting it at wholesale rates from the domain computer registry. For.com domains that’s Verisign. Verisign holds the secrets to every single.com domain. And that suggests they have the power to seize a domain at any offered time. Now, this is technically exceptionally unusual, but it is possible. And it brings up a rising problem with our web, control. Brad calls this the power structure of a domain name system. – We’re a pc registry similar to like a Verisign. Because when we’ve sold you a domain there’s nothing that we can do, the power structure is extremely various. 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. Our domain names are one-time charges, so you never ever need to fret about it. As soon as you buy a domain it’s more like buying a football from us. Like there’s absolutely nothing we can do. We can’t edit or update or take the football far from you when you have it. In the conventional world, there’s a lot of these resellers. Therefore GoDaddy is a reseller for instance of.com domains. We’re mostly 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. So, yeah, I think that’s something that’s going to build. In regards to us getting started, it was a little easier for us to kind of handle the whole user experience and construct all these unique tools.

– Of course a new type of domain name implies that you can’t register.com,. For now, Unstoppable Domains is catering to crypto lovers. It’s an absolutely various domain name system, implying you can’t type craylor.crypto into your internet browser and load it or can you?

In this case, a domain name. Now I’m not declaring to understand all the technical specifics of this new domain name system. Unstoppable Domains has a solution for this, thanks to Cloudflare adding assistance for their domains.