Find Crypto Yield…The response is no, you don’t 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 entirely possible for your domain name to be taken. You’re leasing it from the domain computer registry and they have full control over what happens with your domain. I have actually spoken about this approved monopoly system before which you can discover more about in my “Domain frequently asked question” video however you don’t own your domain. It’s in fact impossible to own a conventional domain. You may have noticed, I said conventional domain name since a business’s working on a 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 simply believed this was actually, truly cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain on blockchains and this is different than a standard domain due to the fact that the domain name is saved by you, the user within your cryptocurrency wallet. So it’s kept inside of 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, no one can do it.
– Right now, when you go to acquire 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 pricing from the domain windows registry. If it’s a.com domain you’re trusting the computer system registry not to change rates or take the domain away from you in the future.
– Of course a brand-new type of domain name means that you can’t register.com,. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s a completely 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 claiming to comprehend all the technical specifics of this brand-new domain name system. Unstoppable Domains has a solution for this, thanks to Cloudflare including support for their domains.