Find Crypto Yfi…The answer is no, you don’t own your domain name outright, however regulations and policies usually secure the domain from being taken from you. At the end of the day,
You’re leasing it from the domain computer registry and they have full control over what takes place with your domain name. You may have noticed, I stated conventional domain name since a company’s working on a new type of domain name that you can own outright. – So Unstoppable Domains develops domain names on blockchains and this is various than a standard domain because the domain name is kept by you, the user inside of your cryptocurrency wallet.
– Right now, when you go to buy a domain name you do not actually own it. You’re renting it from a domain registrar like Namecheap and they’re renting it at wholesale prices from the domain computer registry. If it’s a.com domain you’re relying on the registry not to alter costs or take the domain away from you in the future.
– Of course a new type of domain name indicates that you can’t register.com,. For now, Unstoppable Domains is catering to crypto lovers. It’s an absolutely various domain name system, indicating 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 claiming to comprehend all the technical specifics of this new domain system. To be truthful, I still deal with a few of the principles of cryptocurrency, and I’m not an expert in this area. But today we’re not focusing as much on the technical side of NFT domains but more on what it indicates 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 assistance for NFT domains. Unstoppable Domains has a service for this, thanks to Cloudflare adding assistance for their domains.