it is totally possible for your domain name to be taken…Mike Mann Crypto Domain Sale… You’re renting it from the domain computer system registry and they have full control over what happens with your domain. I’ve spoken about this sanctioned monopoly system prior to which you can find out more about in my “Domain FAQ” video but you don’t own your domain name. It’s really difficult to own a traditional domain. You may have noticed, I said standard domain because a company’s dealing with a new type of domain name 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 actually, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain on blockchains and this is various than a conventional domain since the domain is kept by you, the user inside of your cryptocurrency wallet. It’s stored inside of your wallet, just like a cryptocurrency would be. And what this does is it suggests that no one 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.
– Right now, when you go to purchase a domain name you do not actually own it. You’re leasing it from a domain registrar like Namecheap and they’re leasing it at wholesale prices from the domain windows registry. If it’s a.com domain you’re relying on the registry not to change prices or take the domain away from you in the future.
If you were to like, you know picture what things are going to be like in five to 10 years. Yeah, there should be great deals of various sellers and resellers and things like that. – Naturally a brand-new type of domain name indicates that you can’t register.com,. co,. net or any of the standard TLDs you’re utilized to seeing. Today Unstoppable Domains is beginning with.crypto. Not a TLD you ‘d think of as being a perfect fit for your blog site or company but we could see some generic TLDs being used in the future. For now, Unstoppable Domains is accommodating crypto enthusiasts. It’s a totally various domain name system, implying you can’t type craylor.crypto into your web browser and load it or can you? See these crypto domains are NFT products. You’ve probably seen this term appear all over recently. Non-fungible tokens are systems of data 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 comprehend all the technical specifics of this brand-new domain name system. To be sincere, I still struggle with a few of the ideas of cryptocurrency, and I’m not a specialist in this area. However today we’re not focusing as much on the technical side of NFT domains but more on what it implies for the future of the web. The biggest traffic jam is that web web browsers Google Chrome, Safari, and Microsoft Edge have actually not yet carried out support for NFT domains. Unstoppable Domains has a solution for this, thanks to Cloudflare including assistance for their domains.