Find Crypto Qtum…The answer is no, you do not own your domain name outright, but policies and regulations typically safeguard 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 occurs with your domain name. I’ve spoken about this sanctioned monopoly system prior to which you can find out more about in my “Domain FAQ” video however you do not own your domain name. It’s really difficult to own a standard domain. You may have noticed, I said standard domain name since a company’s dealing with a brand-new type of domain name that you can own outright. I had the opportunity 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 truly, really cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain names on blockchains and this is various than a conventional domain due to the fact that the domain name is saved by you, the user within your cryptocurrency wallet. It’s stored inside of your wallet, simply like a cryptocurrency would be. And what this does is it means that nobody else can move the domain around, take it away from you, make updates to the domain, anything. Unstoppable Domains can’t do it, nobody can do it.
– Right now, when you go to acquire a domain name you don’t in fact own it. You’re leasing it from a domain registrar like Namecheap and they’re leasing it at wholesale rates from the domain computer system 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.
– Of course a brand-new type of domain name suggests that you can’t register.com,. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s a totally different domain name system, implying you can’t type craylor.crypto into your 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 new domain name system. Unstoppable Domains has an option for this, thanks to Cloudflare adding assistance for their domains.