Find Bitcoin Dominance Şuan Kaç…The response is no, you don’t own your domain name outright, however policies and policies normally protect the domain from being taken from you. At the end of the day,
it is completely possible for your domain name to be seized. You’re leasing it from the domain computer system registry and they have complete control over what happens with your domain. I have actually talked about this sanctioned monopoly system prior to which you can learn more about in my “Domain FAQ” video however you don’t own your domain. It’s actually difficult to own a standard domain name. You may have discovered, I stated standard domain name since a company’s dealing with a brand-new type of domain name that you can own outright. I had the possibility to speak with 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 just believed this was actually, truly cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain names on blockchains and this is different than a traditional domain since the domain is kept by you, the user within your cryptocurrency wallet. So it’s stored inside of your wallet, just like a cryptocurrency would be. And what this does is it means that nobody else can move the domain around, take it far 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 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 registry. If it’s a.com domain you’re trusting the computer system registry not to change costs or take the domain away from you in the future.
– Of course a new type of domain name suggests 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 web browser and load it or can you?
In this case, a domain name. Now I’m not declaring to understand all the technical specifics of this brand-new domain name system. To be sincere, I still deal with a few of the ideas of cryptocurrency, and I’m not a professional in this space. 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 web browsers Google Chrome, Safari, and Microsoft Edge have not yet carried out support for NFT domains. Unstoppable Domains has a solution for this, thanks to Cloudflare adding support for their domains.