Find Blockchain Icon In Public Domain…The response is no, you do not own your domain name outright, however policies and guidelines typically safeguard 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 complete control over what occurs with your domain name. I have actually talked about this sanctioned monopoly system before which you can discover more about in my “Domain frequently asked question” video however you don’t own your domain name. It’s in fact difficult to own a traditional domain. You may have noticed, I stated traditional domain since a business’s dealing with a brand-new kind of domain name that you can own outright. I had the chance 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 simply thought this was really, truly cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain names on blockchains and this is different than a conventional domain since the domain is saved by you, the user within your cryptocurrency wallet. So it’s kept within your wallet, similar to 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 purchase a domain name you don’t really own it. You’re renting it from a domain registrar like Namecheap and they’re renting it at wholesale pricing from the domain pc registry. If it’s a.com domain you’re trusting the windows registry not to alter costs or take the domain away from you in the future.
However if you were to like, you understand envision what things are going to be like in five to 10 years. Yeah, there should be great deals of different sellers and resellers and things like that. – Obviously a brand-new kind of domain indicates that you can’t register.com,. co,. net or any of the standard TLDs you’re utilized to seeing. Now Unstoppable Domains is starting with.crypto. Not a TLD you ‘d consider being an ideal fit for your blog or service but we could see some generic TLDs being provided in the future. For now, Unstoppable Domains is dealing with crypto enthusiasts. It’s a totally various domain name system, indicating you can’t type craylor.crypto into your web browser and load it or can you? See these crypto domains are NFT items. You’ve probably seen this term appear all over just recently. Non-fungible tokens are systems of data on a ledger, that is the blockchain and they represent an unique digital product.
In this case, a domain name. Now I’m not claiming to understand all the technical specifics of this new domain name system. Unstoppable Domains has a service for this, thanks to Cloudflare including support for their domains.