it is completely possible for your domain name to be seized…Namecoin Race Dbz… You’re leasing it from the domain computer registry and they have complete control over what occurs with your domain name. I’ve spoken about this approved monopoly system prior to which you can find out more about in my “Domain FAQ” video but you do not own your domain name. It’s really impossible to own a conventional domain name. You may have discovered, I said traditional domain name because a business’s dealing with a brand-new type of domain that you can own outright. I had the possibility to talk to 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 traditional domain because the domain name is saved by you, the user inside of your cryptocurrency wallet. So it’s stored within your wallet, just like a cryptocurrency would be. And what this does is it means 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.

– Right now, when you go to buy a domain name you don’t really own it. You’re renting it from a domain registrar like Namecheap and they’re renting it at wholesale prices from the domain windows registry. 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.

– 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, meaning you can’t type craylor.crypto into your web browser and load it or can you?

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

it is completely possible for your domain name to be seized…Namecoin Race Dbz… You’re leasing it from the domain windows registry and they have complete control over what occurs with your domain name. I have actually talked about this approved monopoly system prior to which you can learn more about in my “Domain FAQ” video however you don’t own your domain. It’s in fact difficult to own a traditional domain name. You may have seen, I said conventional domain name since a company’s working on a 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 simply believed this was truly, truly cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain on blockchains and this is various than a conventional domain due to the fact that the domain is stored by you, the user inside of your cryptocurrency wallet. So it’s saved 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, no one can do it.

They require to go and get your private key, which is on your device, like your phone or your computer or whatever. – Today, when you go to buy a domain name you do not in fact own it. You’re leasing it from a domain registrar like Namecheap and they’re leasing it at wholesale prices from the domain registry. For.com domains that’s Verisign. Verisign holds the secrets to every single.com domain. Which implies they have the power to take a domain at any provided time. Now, this is technically incredibly rare, but it is possible. And it brings up a rising problem with our web, control. Brad calls this the class structure of a domain name system. – We’re a computer system registry comparable to like a Verisign. Since once we’ve offered you a domain there’s nothing that we can do, the power structure is extremely different. If it’s a.com domain you’re trusting the windows registry not to change rates or take the domain away from you in the future. Our domain are one-time charges, 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 modify or update or take the football far from you as soon as you have it. In the conventional world, there’s a lot of these resellers. And so GoDaddy is a reseller for instance of.com domains. We’re mostly selling our own domains at unstoppabledomains.com right now. However there are a couple of others that you can purchase them. You can go to MyEtherWallet, for instance, and you can buy them. Yeah, I think that’s something that’s going to develop. In regards to us getting started, it was a little easier for us to kind of manage the entire user experience and construct all these unique tools.

– Of course a new type of domain name means that you can’t register.com,. For now, Unstoppable Domains is catering to crypto lovers. It’s an absolutely different domain name system, meaning you can’t type craylor.crypto into your web 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 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. However today we’re not focusing as much on the technical side of NFT domains but more on what it means for the future of the web. The most significant traffic jam is that web browsers Google Chrome, Safari, and Microsoft Edge have not yet executed assistance for NFT domains. Unstoppable Domains has an option for this, thanks to Cloudflare including support for their domains.