Find Bitcoin Dominance Decrease…The answer is no, you do not own your domain name outright, but policies and policies generally protect the domain from being taken from you. At the end of the day,
You’re leasing it from the domain registry and they have full control over what happens with your domain name. You may have seen, I said standard domain name due to the fact that a company’s working on a new type of domain name that you can own outright. – So Unstoppable Domains constructs domain names on blockchains and this is various than a standard domain because the domain name is saved by you, the user inside of your cryptocurrency wallet.
– 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 pricing from the domain windows registry. If it’s a.com domain you’re trusting the windows registry not to change prices or take the domain away from you in the future.
– Of course a brand-new type of domain name means that you can’t register.com,. For now, Unstoppable Domains is catering to crypto lovers. It’s a totally various domain name system, suggesting you can’t type craylor.crypto into your browser and load it or can you?
In this case, a domain. Now I’m not declaring to understand all the technical specifics of this new domain system. To be honest, I still fight with a few of the concepts of cryptocurrency, and I’m not a professional in this space. But today we’re not focusing as much on the technical side of NFT domains however more on what it implies for the future of the web. The most significant traffic jam is that internet 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 adding support for their domains.