Find How Many Coins Does Unstoppable Domains Support…The response is no, you do not own your domain name outright, but guidelines and policies usually protect 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 renting it from the domain pc registry and they have complete control over what happens with your domain. I have actually discussed this approved monopoly system before which you can learn more about in my “Domain FAQ” video however you don’t own your domain name. It’s in fact difficult to own a traditional domain. You might have noticed, I said conventional domain name since a business’s dealing with a new kind of domain name that you can own outright. I had the possibility to talk to 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 thought this was truly, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains builds domain names on blockchains and this is various than a traditional domain since the domain is stored by you, the user inside of your cryptocurrency wallet. So it’s saved within your wallet, much 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 don’t actually own it. You’re leasing it from a domain registrar like Namecheap and they’re renting it at wholesale prices from the domain computer system registry. If it’s a.com domain you’re trusting the computer system 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 enthusiasts. It’s a totally different domain name system, indicating you can’t type craylor.crypto into your web browser and load it or can you?
In this case, a domain name. Now I’m not claiming to understand all the technical specifics of this new domain name system. To be honest, I still struggle with a few of the concepts 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 however more on what it indicates for the future of the internet. The most significant bottleneck is that internet web browsers Google Chrome, Safari, and Microsoft Edge have not yet executed assistance for NFT domains. Unstoppable Domains has a solution for this, thanks to Cloudflare including support for their domains.