it is entirely possible for your domain name to be taken…Register With Namecoin… You’re leasing it from the domain computer system registry and they have complete control over what occurs with your domain. I have actually spoken about this sanctioned monopoly system prior to which you can find out more about in my “Domain frequently asked question” video but you do not own your domain name. It’s really difficult to own a conventional domain name. You might have discovered, I stated standard domain name since a company’s working on a new kind 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 really, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain names on blockchains and this is different than a traditional domain due to the fact that the domain is kept 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 means 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 buy a domain name you do not actually own it. You’re leasing 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 relying on the pc registry not to change rates or take the domain away from you in the future.
But if you were to like, you understand picture what things are going to resemble in five to 10 years. Yeah, there ought to be great deals of different sellers and resellers and things like that. – Of course a new type of domain suggests that you can’t register.com,. co,. net or any of the standard TLDs you’re used to seeing. Now Unstoppable Domains is starting with.crypto. Not a TLD you ‘d consider being an ideal fit for your blog or business however we might see some generic TLDs being used in the future. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s an absolutely different domain name system, implying you can’t type craylor.crypto into your browser and load it or can you? See these crypto domains are NFT items. You’ve probably seen this term pop up all over just recently. Non-fungible tokens are systems of data on a journal, that is the blockchain and they represent a special digital product.
In this case, a domain. Now I’m not declaring to comprehend all the technical specifics of this brand-new domain system. To be truthful, I still fight with some of the principles of cryptocurrency, and I’m not an expert 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 greatest bottleneck is that internet browsers Google Chrome, Safari, and Microsoft Edge have not yet implemented assistance for NFT domains. Unstoppable Domains has a solution for this, thanks to Cloudflare including support for their domains.