it is totally possible for your domain name to be seized…Slushpool Namecoin Processing Time… You’re leasing it from the domain pc registry and they have complete control over what occurs with your domain. I have actually spoken about this approved monopoly system before which you can find out more about in my “Domain FAQ” video however you don’t own your domain name. It’s actually impossible to own a traditional domain name. You may have discovered, I stated traditional 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 actually, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain on blockchains and this is different than a traditional domain due to the fact that the domain is kept by you, the user inside of your cryptocurrency wallet. It’s kept inside of 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, nobody can do it.

– Right now, when you go to buy a domain name you don’t in fact own it. You’re leasing it from a domain registrar like Namecheap and they’re renting it at wholesale pricing from the domain computer registry. If it’s a.com domain you’re trusting the pc registry not to change prices or take the domain away from you in the future.

– 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 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 claiming to understand all the technical specifics of this brand-new domain name system. Unstoppable Domains has a solution for this, thanks to Cloudflare including support for their domains.

You’re leasing it from the domain windows registry and they have complete control over what occurs with your domain name. You might have discovered, I said traditional domain name since a business’s working on a brand-new type of domain name that you can own outright. – So Unstoppable Domains builds domain names on blockchains and this is different than a conventional domain due to the fact that the domain name is kept by you, the user inside of your cryptocurrency wallet.

They require to go and get your private key, which is on your gadget, like your phone or your computer or whatever. – Today, 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 leasing it at wholesale rates from the domain computer system registry. For.com domains that’s Verisign. Verisign holds the secrets to every single.com domain. Which means they have the power to take a domain at any offered time. Now, this is technically exceptionally uncommon, but it is possible. And it brings up a rising problem with our web, control. Brad calls this the class structure of a domain system. – We’re a computer system registry similar to like a Verisign. Due to the fact that when we’ve sold you a domain there’s nothing that we can do, the power structure is extremely various. , if it’s a.com domain you’re relying on the windows registry not to alter rates or take the domain away from you in the future.. Our domain are one-time charges, so you never need to worry about it. As soon as you purchase a domain name it’s more like buying a football from us. Like there’s nothing we can do. Once you have it, we can’t edit or update or take the football away from you. In the standard 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 today. There are a couple of others that you can buy them. You can go to MyEtherWallet, for example, and you can buy them. So, yeah, I believe that’s something that’s going to construct. In regards to us beginning, it was a little much easier for us to kind of handle the whole user experience and develop all these special 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 internet browser and load it or can you?

In this case, a domain name. Now I’m not claiming to understand all the technical specifics of this brand-new domain system. To be honest, I still battle with a few of the concepts 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 but more on what it means for the future of the web. The most significant traffic jam is that web web browsers Google Chrome, Safari, and Microsoft Edge have not yet implemented support for NFT domains. Unstoppable Domains has a service for this, thanks to Cloudflare including support for their domains.