FInd Cryptocurrency Domain

 

it is totally possible for your domain to be taken…Cryptocurrency Domain… You’re leasing it from the domain windows registry and they have full control over what happens with your domain. I have actually spoken about this approved monopoly system prior to which you can discover more about in my “Domain frequently asked question” video however you don’t own your domain name. It’s actually difficult to own a conventional domain name. You may have noticed, I said conventional domain since a company’s working on a brand-new type of domain that you can own outright. I had the possibility 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 actually, truly cool what Unstoppable Domains was doing. – So Unstoppable Domains builds domain names on blockchains and this is different than a conventional domain because the domain name is saved by you, the user inside of your cryptocurrency wallet. So it’s saved inside of 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 away from you, make updates to the domain, anything. Unstoppable Domains can’t do it, no one can do it.

They need to go and get your private secret, which is on your device, like your phone or your computer or whatever. – Today, 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 leasing it at wholesale rates from the domain registry. For.com domains that’s Verisign. Verisign holds the secrets to every single.com domain. Which indicates they have the power to seize a domain name at any provided time. Now, this is technically incredibly rare, however it is possible. And it brings up an increasing issue with our web, control. Brad calls this the power structure of a domain system. – We’re a pc registry comparable to like a Verisign. Because as soon as we’ve offered you a domain there’s nothing that we can do, the power structure is very various. If it’s a.com domain you’re relying on the computer system registry not to change rates or take the domain away from you in the future. Our domain names are one-time costs, so you never need to fret about it. Once you purchase a domain it’s more like buying a football from us. Like there’s absolutely nothing we can do. Once you have it, we can’t update or modify or take the football away from you. In the conventional world, there’s a great deal of these resellers. Therefore GoDaddy is a reseller for instance of.com domains. We’re mainly selling our own domains at unstoppabledomains.com today. There are a couple of others that you can purchase them. You can go to MyEtherWallet, for instance, and you can purchase them. Yeah, I think that’s something that’s going to build. In regards to us starting, it was a little easier for us to kind of handle the whole user experience and build all these special tools.

– Of course a new type of domain name suggests that you can’t register.com,. For now, Unstoppable Domains is catering to crypto lovers. It’s a completely different domain name system, implying 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 understand all the technical specifics of this new domain name system. To be truthful, I still fight with some of the concepts of cryptocurrency, and I’m not a professional in this area. 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 browsers Google Chrome, Safari, and Microsoft Edge have not yet implemented support for NFT domains. Unstoppable Domains has a service for this, thanks to Cloudflare adding support for their domains.