Find Bitcoin Dominance Percentage…The response is no, you do not own your domain name outright, but policies and policies normally secure the domain from being taken from you. At the end of the day,
it is totally possible for your domain name to be taken. You’re leasing it from the domain windows registry and they have full control over what happens with your domain name. I’ve talked about this sanctioned monopoly system before which you can learn more about in my “Domain FAQ” video however you do not own your domain. It’s in fact difficult to own a traditional domain. You might have discovered, I said traditional domain name because a business’s dealing with a new kind of domain name 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 various than a traditional domain because the domain name is kept by you, the user inside of your cryptocurrency wallet. So it’s stored within your wallet, much like a cryptocurrency would be. And what this does is it implies 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, no one can do it.
– Right now, when you go to acquire a domain name you don’t really own it. You’re leasing it from a domain registrar like Namecheap and they’re renting it at wholesale pricing from the domain registry. If it’s a.com domain you’re trusting the computer registry not to change costs or take the domain away from you in the future.
– Of course a brand-new type of domain name suggests that you can’t register.com,. For now, Unstoppable Domains is catering to crypto lovers. It’s a completely different domain name system, indicating 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 declaring to comprehend all the technical specifics of this new domain name system. Unstoppable Domains has an option for this, thanks to Cloudflare including support for their domains.