You’re leasing it from the domain computer registry and they have complete control over what happens with your domain name. You might have observed, I stated conventional domain name since a company’s working on a new type of domain name that you can own outright. – So Unstoppable Domains develops domain names on blockchains and this is different than a standard domain because the domain name is kept by you, the user inside of your cryptocurrency wallet.

They require 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 purchase a domain you don’t in fact own it. You’re renting it from a domain registrar like Namecheap and they’re leasing it at wholesale rates from the domain computer registry. For.com domains that’s Verisign. Verisign holds the keys to every single.com domain. And that indicates they have the power to seize a domain at any provided time. Now, this is technically very rare, however it is possible. And it raises a rising issue with our internet, control. Brad calls this the class structure of a domain name system. – We’re a computer registry similar to like a Verisign. The class structure is very different because once we’ve offered you a domain there’s absolutely nothing that we can do. , if it’s a.com domain you’re trusting the windows registry not to alter rates or take the domain away from you in the future.. Our domain are one-time fees, so you never ever need to worry about it. When you buy a domain it’s more like buying a football from us. Like there’s nothing we can do. We can’t update or edit or take the football away from you as soon as you have it. In the traditional world, there’s a lot of these resellers. Therefore 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 construct. In regards to us getting started, it was a little easier for us to type of handle the whole user experience and construct all these unique tools.

If you were to like, you understand imagine what things are going to be like in 5 to 10 years. Yeah, there must be great deals of different sellers and resellers and things like that. – Of course a brand-new kind of domain name implies that you can’t register.com,. co,. net or any of the standard TLDs you’re utilized to seeing. Right now Unstoppable Domains is starting with.crypto. Not a TLD you ‘d consider being a perfect fit for your blog site or organization however we could see some generic TLDs being used in the future. In the meantime, Unstoppable Domains is accommodating crypto lovers. It’s a totally various domain name system, indicating you can’t type craylor.crypto into your internet browser and load it or can you? See these crypto domains are NFT products. You’ve most likely seen this term appear all over just recently. Non-fungible tokens are systems of information on a ledger, that is the blockchain and they represent a distinct digital product.

In this case, a domain name. Now I’m not declaring to understand all the technical specifics of this brand-new domain name system. Unstoppable Domains has a service for this, thanks to Cloudflare including support for their domains.

it is entirely possible for your domain to be seized…Namecoin Qt For Mac… You’re leasing it from the domain windows registry and they have full control over what happens with your domain name. I’ve discussed this approved monopoly system before which you can discover more about in my “Domain frequently asked question” video however you don’t own your domain name. It’s really difficult to own a conventional domain name. You may have noticed, I stated conventional domain since a company’s dealing with a brand-new kind of domain name 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 thought this was really, really cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain on blockchains and this is different than a standard domain since the domain is stored by you, the user within your cryptocurrency wallet. So it’s stored inside of your wallet, similar to a cryptocurrency would be. And what this does is it implies 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 key, 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 renting 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 keys to every single.com domain. Which means they have the power to take a domain name at any provided time. Now, this is technically exceptionally unusual, but 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 computer registry comparable to like a Verisign. Because once we’ve sold you a domain there’s nothing that we can do, the power structure is really different. If it’s a.com domain you’re trusting the computer system registry not to alter costs or take the domain away from you in the future. Our domain are one-time fees, so you never ever have to worry about it. As soon as you buy a domain it’s more like purchasing a football from us. Like there’s absolutely nothing we can do. As soon as you have it, we can’t update or modify 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 primarily selling our own domains at unstoppabledomains.com right now. But there are a couple of others that you can buy them. You can go to MyEtherWallet, for instance, and you can buy them. Yeah, I believe that’s something that’s going to build. In regards to us getting going, it was a little easier for us to type of manage the entire user experience and build all these special tools.

– Of course a new type of domain name indicates that you can’t register.com,. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s a totally various domain name system, suggesting you can’t type craylor.crypto into your web browser and load it or can you?

In this case, a domain. Now I’m not claiming to understand all the technical specifics of this brand-new domain system. To be honest, I still struggle with some of the ideas of cryptocurrency, and I’m not a specialist in this space. Today we’re not focusing as much on the technical side of NFT domains however more on what it suggests for the future of the web. The biggest traffic jam is that web browsers Google Chrome, Safari, and Microsoft Edge have actually not yet carried out support for NFT domains. Unstoppable Domains has an option for this, thanks to Cloudflare including support for their domains.