FInd Purchasing Namecoin

 

it is completely possible for your domain name to be seized…Purchasing Namecoin… You’re leasing it from the domain windows registry and they have full control over what happens with your domain. I’ve spoken about this sanctioned monopoly system before which you can learn more about in my “Domain FAQ” video however you don’t own your domain. It’s in fact impossible to own a standard domain. You might have discovered, I said standard domain since a company’s dealing with a brand-new kind of domain name 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 believed this was truly, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain names on blockchains and this is various than a standard domain because the domain is kept by you, the user inside of your cryptocurrency wallet. So it’s kept within your wallet, much like a cryptocurrency would be. And what this does is it indicates 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, nobody 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. – Right now, when you go to acquire a domain name you do not really own it. You’re leasing it from a domain registrar like Namecheap and they’re renting it at wholesale prices from the domain registry. For.com domains that’s Verisign. Verisign holds the keys to every single.com domain. Which implies they have the power to seize a domain name at any given time. Now, this is technically extremely uncommon, however it is possible. And it raises a rising problem with our web, control. Brad calls this the class structure of a domain system. – We’re a registry comparable to like a Verisign. The power structure is really different because once we have actually offered you a domain there’s absolutely nothing that we can do. If it’s a.com domain you’re relying on the computer registry not to alter prices or take the domain far from you in the future. Our domain are one-time fees, so you never have to stress over it. When you buy a domain it’s more like purchasing a football from us. Like there’s nothing we can do. When you have it, we can’t edit or update or take the football away from you. In the conventional world, there’s a lot of these resellers. And so GoDaddy is a reseller for example of.com domains. We’re mostly offering our own domains at unstoppabledomains.com today. 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 build. In terms of us beginning, it was a little easier for us to sort of handle the whole user experience and develop all these unique tools.

– Of course a new type of domain name suggests that you can’t register.com,. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s a totally 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 comprehend all the technical specifics of this brand-new domain name system. To be sincere, I still have problem with a few of the ideas of cryptocurrency, and I’m not a professional in this area. 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 bottleneck is that internet web browsers Google Chrome, Safari, and Microsoft Edge have not yet executed support for NFT domains. Unstoppable Domains has a service for this, thanks to Cloudflare adding assistance for their domains.