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Domains You Can Own Forever? | NFT Domains Are Here! (Unstoppable Domains) - YouTube
Channel: Craylor Made
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hey guys my name is christian taylor
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welcome back to crailermaid and today
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i'm super excited to explore this
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concept of a decentralized web
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so when it comes to domains and the
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concept of a decentralized web
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many of you ask me christian do i
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actually own my domain name outright
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or are there stipulations attached to my
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registration the answer is no you don't
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own your domain name outright but
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policies and regulations generally
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protect the domain from being taken from
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you
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but at the end of the day it is entirely
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possible for your domain name to be
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seized you're leasing it from the domain
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registry and they have
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full control over what happens with your
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domain name i've talked about this
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sanctioned monopoly system before which
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you can learn more about in my domain
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faq video
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but you don't own your domain name it's
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actually impossible to own a traditional
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domain name
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you may have noticed i said traditional
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domain name because a company is working
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on a new type of domain name that you
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can own
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outright i had the chance to interview
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brad cam the co-founder of unstoppable
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domains
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to talk more about the future of the
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decentralized web
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and now this video is not sponsored i
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just thought this was really really cool
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what unstoppable domains was doing so
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unstoppable domains builds domain names
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on blockchains
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and this is different than a traditional
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domain
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because the domain name is stored by you
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the user
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inside of your cryptocurrency wallet so
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it's stored inside of your wallet just
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like a cryptocurrency would be
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and what this does is it means that no
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one else can
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excuse me move the domain around take it
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away from you make updates to the domain
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anything
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unstoppable domains can't do it no one
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can do it they need to go and get your
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private key
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which is on your device like your phone
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or your computer or whatever
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right now when you go to purchase a
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domain name you don't actually own it
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you're leasing it from a domain
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registrar like namecheap
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and they're leasing it at wholesale
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pricing from the domain
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registry for com domains that's verisign
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verisign holds the keys to every single
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com domain
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and that means they have the power to
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seize a domain name at any given time
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now this is technically extremely rare
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but it is possible
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and it brings up a rising problem with
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our internet
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control brad calls this the power
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structure of a domain name system
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we're a registry uh similar to like a
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verisign the power structure is very
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different because once we've sold you a
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domain there's nothing that we can do
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uh if it's if it's a com domain you're
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trusting the registry not to
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change prices or take the domain away
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from you in the future
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our domain names are one-time fees so
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you never have to worry about it
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once you buy a domain name it's more
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like buying a football from us
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like there's nothing we can do we can't
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update or edit or take the football away
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from you once you have it in the
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traditional world there's a lot of these
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resellers
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and so godaddy is a reseller for example
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of com domains
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uh we're mostly selling our own domains
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at unsappleddomains.com
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right now but there are a couple of uh
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there are a couple of other places that
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you can buy them you can go to my ether
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wallet for example and you can buy them
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uh so yeah i think that's something
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that's going to build
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right in terms of us getting started
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it's a little it was a little easier for
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us to kind of manage the whole user
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experience and build all these special
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tools
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but if you were to like you know imagine
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what things are going to be like in five
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to ten years
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yeah there should be lots of different
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lots of different sellers and resellers
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and things like that
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of course a new type of domain name
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means that you can't
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register.com.code.net
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or any of the standard tlds you're used
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to seeing right now
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unstoppable domains is starting with dot
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crypto not a tld you'd think of as being
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an ideal fit for your blog or business
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but we could see some generic tlds being
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offered in the future
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for now unstoppable domains is catering
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to crypto enthusiasts
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it's a totally different domain name
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system meaning you can't type
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crailer.crypto into your browser and
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load it
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or can you see these crypto domains are
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nft
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items you've probably seen this term pop
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up everywhere recently
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non-funchable tokens are units of data
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on a ledger
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that is the blockchain and they
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represent a unique
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digital item in this case a domain name
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now i'm not claiming to understand all
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the technical specifics of this new
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domain name system
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to be honest i still struggle with some
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of the concepts of cryptocurrency
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and i'm not an expert in this space but
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today we're not focusing as much on the
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technical side of nft domains
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but more what it means for the future of
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the internet the biggest bottleneck is
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that internet browsers
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google chrome safari microsoft edge have
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not yet
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implemented support for nft domains
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unstoppable domains has a solution for
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this thanks to cloudflare adding support
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for their domains
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so you can change the dns resolver in
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chrome
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and be able to load your nft domain the
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cool thing about a blockchain domain
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name
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is that it's really more like this it's
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this user controlled identifier thing
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you could actually point it to all sorts
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of stuff uh you can point it to crypto
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addresses
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so you can send me money to brad.crypto
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without needing to know my addresses
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you can point it to my decentralized
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website they would be on ipfs
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but you could also point it to
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traditional servers as well this isn't
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something we've made super easy yet but
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it is it is possible
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um and something that i think is is is
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going to be valuable
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and useful for people um even having
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a decentralized domain name even if your
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web content is not decentralized
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still gives you a lot more control and
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takes away this problem of hey i
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marketed
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my website i marketed this domain name
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to my users i built up a following here
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uh that part can't can't go away um
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yes amazon could you know go down or get
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amazon web services could go down or get
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hacked or whatever
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but i still have some securities i think
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there's a lot of value in having that uh
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intermediate approach
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but there's still a lot of progress to
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be made it's not easy to point your
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crypto domain to traditional web hosting
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and quite frankly traditional web
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hosting goes against the whole
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concept of a decentralized web if i own
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my domain name outright
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why do i want to rely on any one company
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to host my website
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any one company who could pull the plug
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at any given time that's where ipfs
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comes in which is a decentralized web
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hosting that shares your website files
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among
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thousands of computers all over the
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world the hardcore decentralized
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approach would be
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put your web content up on ipfs and
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the way this works is you're putting
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your content up on it
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ipfs is almost like a like a bittorrent
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type service where
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you're storing and it's a community
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that's of nodes that are storing and
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sharing content so people will be
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you know you you post a music file and
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then a hundred different people all
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store it
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and that's what makes it um easy to
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access you know you're not relying on
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one person one group one set of servers
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similar for your web content so i can
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put my website up
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and it can be stored by a hundred
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different people on this network or a
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thousand
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different people on this network and
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that's what makes it accessible
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now uh that tech is in like
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very early days we're in like 1996
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internet
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um i'm gonna date myself here but uh
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my friends and i were building websites
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with geocities in
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in the 1990s and so that's like our
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that's like our reference point like
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we're in kind of like geocities phase of
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the internet
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um where most people are really just
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putting up front ends
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because back ends are hard um it's hard
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it's hard to do things complicated
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things with databases right now
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all that tech is getting better fast
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forward 10 years i'm sure it can do
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any number of things and many of the
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things that um you know the traditional
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storage platforms would be able to do uh
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today but it's gonna take a while
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unstoppable domains is not an ipfs host
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although they do
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offer free ipfs hosting for now included
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with your domain name purchase but it's
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an example of how these decentralized
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domains can work together with
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decentralized hosting
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to create an entirely new internet all
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of this has
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one thing in common modifying the power
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structure of the internet
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it's allowing people to publish websites
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without any one company having control
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to take your website down
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i asked brad what the likelihood is of
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tech giants
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implementing native support for
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decentralized domains in the coming
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years i mean we're definitely going to
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get there i think that the
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the first phase is going to be
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these more alternative browsers and
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alternative search engines
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that are more philosophically aligned
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with uh
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with a you know with a decentralized
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internet with the user controlled
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internet
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and there's a lot of those so you've
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already seen
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opera browser brave browser uh
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supporting
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crypto wallets natively that's a first
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step i would say
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to embracing the decentralized web in
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this way so we've already seen these
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browsers moving into crypto
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in this way and even some crypto wallets
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moving into the browser world like
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building browsers so we're already
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seeing
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that happen uh on the search side as
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well
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um again mostly these kind of privacy
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oriented
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privacy oriented browsers so there's
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enough
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there's enough action amongst the
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alternative web tool community now
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to have a fully functioning alternate
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internet sitting there off to the side
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that we can all use and experiment with
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and the crypto community and others can
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can embrace longer term i don't see any
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reason why
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chrome or google search wouldn't support
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these websites i just don't think they
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care until there's more users
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but for now crypto domains are mainly
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for crypto enthusiasts
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they function as a username of sorts for
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people to send crypto to one another
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without needing a long
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crypto wallet address it's sort of like
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having an easy to remember venmo
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username
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i asked brad if there's anything extra
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special about crypto domains
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such as the ability to have a verified
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domain check mark
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kind of like how social media accounts
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can be verified i think
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this is a superpower of blockchains
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that is not well understood which is
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that you can attest data
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in a way that gives you high confidence
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that it's true
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and this is going to enable a
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completely new internet where we have
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trust uh trust verified
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uh without needing to know who we're
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dealing with
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so for example i could know yes this is
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coca-cola
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because they have verified that they are
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also the owner
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of this these social media accounts uh
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and these other properties and we've all
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we've verified all of this information
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and tied it all back to the domain name
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on the blockchain so we know this is
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true
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uh i could also imagine a world where
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you have like
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forums where you know talking about
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biology
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and in order to post you need to verify
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you need to have a verified phd in you
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know in biology or something like that
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um all of these kinds of things that you
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can't do
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uh in the regular world um you know
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verifying your history like before you
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review a product
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uh proving that you actually bought it
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proving that you actually went to the
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restaurant before you do the review all
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of those kinds of things
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would completely change the information
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that we have on the internet
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and people say people ask about you know
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what's going on with fake news and other
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things like that
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this is not a cure-all fake news is
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going to continue to be a problem
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but when we have this very when we can
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add this this
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attested and verified information about
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somebody
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uh about a user without them needing to
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expose any of the information to us
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like i don't need to know their name i
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don't need to know where they went to
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university i don't even know any of that
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i just need to know this proof exists
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therefore they did they do have this
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degree
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uh even if i don't know who they are so
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that is just
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gonna completely change the internet
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it's gonna completely change the quality
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of information
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uh probably the thing i'm most excited
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about
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overall i'm super excited for the future
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of crypto domains
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the decentralized web isn't here yet it
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may take a decade before we see
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real promise and payoff but it's coming
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i got crailer.crypto and set up a basic
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landing page on it i want to give a huge
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thank you to broadcam of unstoppable
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domains for joining me in this video
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if you want to learn more about
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unstoppable domains or purchase your dot
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crypto domain
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i'll have a link in the description
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below so what do you think of the
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decentralized web
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i'd love to know your thoughts in the
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comments down below and if you like this
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video do be sure to hit that subscribe
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button and click the bell
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so you don't miss when i release new
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videos with that said
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i'll catch you guys next time
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