Find Domain Registrar On The Blockchain…The response is no, you do not own your domain name outright, but regulations and policies generally safeguard the domain from being taken from you. At the end of the day,
it is completely possible for your domain to be taken. You’re leasing it from the domain pc registry and they have complete control over what occurs with your domain name. I have actually discussed this approved monopoly system before which you can find out more about in my “Domain frequently asked question” video however you don’t own your domain name. It’s really impossible to own a standard domain name. You may have seen, I said traditional domain name due to the fact that a company’s working on a new type of domain that you can own outright. I had the chance 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 just believed this was actually, really cool what Unstoppable Domains was doing. – So Unstoppable Domains builds domain names on blockchains and this is various than a conventional domain due to the fact that the domain name is kept by you, the user within your cryptocurrency wallet. It’s saved inside of your wallet, simply like a cryptocurrency would be. And what this does is it means that no one 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 purchase a domain name you do not in fact own it. You’re leasing it from a domain registrar like Namecheap and they’re renting it at wholesale rates from the domain computer system registry. If it’s a.com domain you’re relying on the windows registry not to change costs or take the domain away from you in the future.
– Of course a brand-new type of domain name implies that you can’t register.com,. For now, Unstoppable Domains is catering to crypto lovers. It’s an absolutely different domain name system, implying you can’t type craylor.crypto into your internet 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. Unstoppable Domains has an option for this, thanks to Cloudflare adding support for their domains.