Find How Does Bitcoin Domain Work…and today I’m extremely excited to explore this idea of a decentralized web. When it comes to domains and the idea of a decentralized web, many of you ask me, “Christian, do I really own my domain name outright?” Or, “Are there terms connected to my registration?” The answer is no, you don’t own your domain name outright, but guidelines and policies normally safeguard the domain from being drawn from you. But at the end of the day,
You’re leasing it from the domain windows registry and they have full control over what happens with your domain name. You might have seen, I said traditional domain name due to the fact that a company’s working on a brand-new type of domain name that you can own outright. – So Unstoppable Domains builds domain names on blockchains and this is various than a traditional domain because the domain name is saved by you, the user inside of your cryptocurrency wallet.
– 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 prices from the domain registry. If it’s a.com domain you’re relying on the computer registry not to alter prices or take the domain away from you in the future.
– Of course a brand-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 different domain name system, suggesting 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 a service for this, thanks to Cloudflare adding support for their domains.