it is entirely possible for your domain to be seized…Is Unstoppable Domains Legit… You’re renting it from the domain windows registry and they have full control over what happens with your domain. I’ve discussed this sanctioned monopoly system prior to which you can discover more about in my “Domain frequently asked question” video but you don’t own your domain name. It’s actually difficult to own a standard domain. You may have discovered, I said conventional domain name due to the fact that a company’s dealing with a brand-new kind 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 truly, truly cool what Unstoppable Domains was doing. – So Unstoppable Domains builds domain names on blockchains and this is various than a conventional domain since the domain is saved by you, the user inside of your cryptocurrency wallet. It’s saved inside of your wallet, just like a cryptocurrency would be. And what this does is it suggests 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.
They require 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 purchase a domain you do not really own it. You’re leasing it from a domain registrar like Namecheap and they’re leasing it at wholesale prices from the domain pc registry. For.com domains that’s Verisign. Verisign holds the secrets to every single.com domain. Which indicates they have the power to take a domain name at any provided time. Now, this is technically extremely uncommon, but it is possible. And it raises a rising problem with our web, control. Brad calls this the power structure of a domain system. – We’re a pc registry comparable to like a Verisign. The power structure is extremely various because when we have actually sold you a domain there’s absolutely nothing that we can do. , if it’s a.com domain you’re relying on the windows 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 ever have to worry about it. As soon as you purchase a domain name it’s more like purchasing a football from us. Like there’s nothing we can do. We can’t edit or update or take the football away from you as soon as you have it. 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 right now. There are a couple of others that you can purchase them. You can go to MyEtherWallet, for instance, and you can purchase them. So, yeah, I believe that’s something that’s going to build. In terms of us starting, it was a little simpler for us to type 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 enthusiasts. It’s a completely various 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 claiming to comprehend all the technical specifics of this brand-new domain name system. Unstoppable Domains has an option for this, thanks to Cloudflare including assistance for their domains.