it is completely possible for your domain name to be taken….Crypto Pricing Domain… You’re leasing it from the domain windows registry and they have complete control over what occurs with your domain. I have actually talked about this sanctioned monopoly system prior to which you can find out more about in my “Domain FAQ” video but you do not own your domain name. It’s in fact difficult to own a conventional domain name. You might have discovered, I stated standard domain because a company’s working on a brand-new type of domain that you can own outright. I had the opportunity 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 simply believed this was truly, really cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain on blockchains and this is different than a conventional domain due to the fact that the domain name is stored by you, the user inside of your cryptocurrency wallet. So it’s stored within your wallet, similar to a cryptocurrency would be. And what this does is it means 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 really own it. You’re leasing it from a domain registrar like Namecheap and they’re renting it at wholesale pricing from the domain 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.
If you were to like, you understand envision what things are going to be like in five to 10 years. Yeah, there ought to be great deals of different sellers and resellers and things like that. – Obviously a new kind 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 beginning with.crypto. Not a TLD you ‘d consider being an ideal suitable for your blog site or service however we could see some generic TLDs being offered in the future. For now, Unstoppable Domains is catering to crypto lovers. It’s an absolutely different domain name system, meaning you can’t type craylor.crypto into your internet browser and load it or can you? See these crypto domains are NFT products. You have actually most likely seen this term pop up everywhere just recently. Non-fungible tokens are systems of information on a ledger, that is the blockchain and they represent an unique digital product.
In this case, a domain. Now I’m not declaring to understand all the technical specifics of this new domain system. To be honest, I still have problem with a few of the concepts of cryptocurrency, and I’m not an expert in this area. However today we’re not focusing as much on the technical side of NFT domains but more on what it suggests for the future of the internet. The most significant bottleneck is that web 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 adding support for their domains.