it is totally possible for your domain name to be seized…Potcoin Tshirt Namecoin Tshirt… You’re renting it from the domain computer system registry and they have complete control over what occurs with your domain. I’ve spoken about this sanctioned monopoly system before which you can discover more about in my “Domain frequently asked question” video but you do not own your domain name. It’s in fact impossible to own a conventional domain name. You may have noticed, I said conventional domain name due to the fact that a business’s working on a brand-new kind of domain that you can own outright. I had the chance 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 simply thought this was truly, truly cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain on blockchains and this is different than a conventional domain because the domain name is saved by you, the user inside of your cryptocurrency wallet. So it’s kept inside of your wallet, much 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.

– Right now, when you go to purchase a domain name you don’t actually 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 costs or take the domain away from you in the future.

– Of course a new type of domain name implies that you can’t register.com,. For now, Unstoppable Domains is catering to crypto lovers. It’s a completely different domain name system, indicating you can’t type craylor.crypto into your browser and load it or can you?

In this case, a domain. Now I’m not claiming to comprehend all the technical specifics of this brand-new domain name system. To be sincere, I still fight with a few of the concepts of cryptocurrency, and I’m not a professional in this space. Today we’re not focusing as much on the technical side of NFT domains but more on what it suggests for the future of the internet. The biggest bottleneck is that web browsers Google Chrome, Safari, and Microsoft Edge have actually not yet carried out assistance for NFT domains. Unstoppable Domains has a solution for this, thanks to Cloudflare including assistance for their domains.

it is totally possible for your domain name to be seized…Potcoin Tshirt Namecoin Tshirt… You’re renting it from the domain windows registry and they have full control over what happens with your domain name. I have actually discussed this sanctioned monopoly system before which you can discover more about in my “Domain frequently asked question” video but you don’t own your domain. It’s in fact impossible to own a traditional domain. You may have noticed, I said traditional domain because a business’s working on a brand-new type of domain name that you can own outright. I had the opportunity 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 thought this was truly, truly cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain names on blockchains and this is different than a standard domain due to the fact that the domain name is saved by you, the user within your cryptocurrency wallet. It’s stored inside of your wallet, simply like a cryptocurrency would be. And what this does is it suggests 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.

They require to go and get your personal key, which is on your gadget, like your phone or your computer system or whatever. – Right now, when you go to acquire a domain name you don’t in fact 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. For.com domains that’s Verisign. Verisign holds the secrets to every single.com domain. And that implies they have the power to take a domain name at any given time. Now, this is technically extremely uncommon, however it is possible. And it raises an increasing issue with our web, control. Brad calls this the class structure of a domain system. – We’re a computer registry similar to like a Verisign. The power structure is really various since once we have actually offered you a domain there’s absolutely nothing that we can do. If it’s a.com domain you’re trusting the computer registry not to change rates or take the domain away from you in the future. Our domain names are one-time costs, so you never ever need to stress over it. When you buy a domain name it’s more like buying a football from us. Like there’s nothing we can do. When you have it, we can’t upgrade or modify or take the football away from you. In the traditional world, there’s a great deal of these resellers. And so GoDaddy is a reseller for example of.com domains. We’re mostly selling 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 terms of us getting started, it was a little much easier for us to type of manage the entire user experience and construct all these unique tools.

– Of course a brand-new type of domain name suggests that you can’t register.com,. For now, Unstoppable Domains is catering to crypto lovers. It’s a completely different 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 name. Now I’m not declaring to understand all the technical specifics of this new domain name system. To be truthful, I still struggle with a few of the principles of cryptocurrency, and I’m not a specialist in this space. But today we’re not focusing as much on the technical side of NFT domains however more on what it indicates for the future of the internet. The most significant bottleneck is that internet web browsers Google Chrome, Safari, and Microsoft Edge have not yet carried out assistance for NFT domains. Unstoppable Domains has a service for this, thanks to Cloudflare including assistance for their domains.