it is totally possible for your domain name to be seized…Medium Unstoppable Domains… You’re renting it from the domain windows registry and they have complete control over what occurs with your domain name. I’ve spoken about this sanctioned monopoly system before which you can find out more about in my “Domain FAQ” video but you do not own your domain. It’s really difficult to own a standard domain name. You may have observed, I stated conventional domain due to the fact that a business’s working on a new kind of domain that you can own outright. I had the chance 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 really, really cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain names on blockchains and this is various than a standard domain due to the fact that the domain name is stored by you, the user within 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 far from you, make updates to the domain, anything. Unstoppable Domains can’t do it, nobody can do it.
They need to go and get your personal secret, which is on your device, like your phone or your computer system or whatever. – Right now, 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 pc 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 at any given time. Now, this is technically incredibly unusual, however it is possible. And it raises an increasing problem with our web, control. Brad calls this the power structure of a domain system. – We’re a windows registry similar 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 really various. , if it’s a.com domain you’re relying on the computer system registry not to alter prices or take the domain away from you in the future.. Our domain are one-time fees, so you never have to worry about it. As soon as you purchase a domain it’s more like buying a football from us. Like there’s nothing we can do. When you have it, we can’t modify or upgrade or take the football away from you. In the traditional world, there’s a lot of these resellers. And so GoDaddy is a reseller for instance of.com domains. We’re mainly offering our own domains at unstoppabledomains.com right now. However there are a number 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 develop. In terms of us starting, it was a little simpler for us to kind of manage the entire user experience and construct all these special tools.
– Of course a new type of domain name means that you can’t register.com,. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s a completely various domain name system, suggesting 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 comprehend all the technical specifics of this brand-new domain name system. Unstoppable Domains has a service for this, thanks to Cloudflare including assistance for their domains.