it is totally possible for your domain name to be taken…Unstoppable Domains Linkedin… You’re renting it from the domain computer system registry and they have complete control over what happens with your domain. I have actually spoken about this sanctioned monopoly system prior to which you can discover more about in my “Domain frequently asked question” video however you do not own your domain. It’s really impossible to own a conventional domain. You might have observed, I said traditional domain name due to the fact that a business’s working on a new type 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, really cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain names on blockchains and this is different than a standard domain because the domain is stored by you, the user within your cryptocurrency wallet. So it’s saved within your wallet, similar to a cryptocurrency would be. And what this does is it indicates 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.
They require to go and get your personal key, which is on your device, like your phone or your computer or whatever. – Today, when you go to acquire a domain you do not in fact own it. You’re renting it from a domain registrar like Namecheap and they’re renting it at wholesale pricing from the domain registry. For.com domains that’s Verisign. Verisign holds the keys to every single.com domain. And that indicates they have the power to take a domain at any provided time. Now, this is technically incredibly uncommon, however it is possible. And it raises a rising problem with our internet, control. Brad calls this the class structure of a domain name system. – We’re a computer registry comparable to like a Verisign. Because 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 computer registry not to change prices or take the domain away from you in the future.. Our domain names are one-time costs, so you never ever have to fret about it. As soon as you purchase 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 modify or update or take the football away from you. In the conventional world, there’s a lot of these resellers. Therefore GoDaddy is a reseller for instance of.com domains. We’re primarily offering our own domains at unstoppabledomains.com right now. But there are a couple of others that you can purchase them. You can go to MyEtherWallet, for example, and you can buy them. So, yeah, I believe that’s something that’s going to develop. In terms of us getting going, it was a little easier for us to type of manage the entire user experience and build 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 completely various 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.