Find How To Buy A Namecoin…The answer is no, you don’t own your domain name outright, but guidelines and policies usually secure 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 renting it from the domain computer registry and they have full control over what happens with your domain. I have actually discussed this sanctioned monopoly system prior to which you can learn more about in my “Domain FAQ” video but you do not own your domain name. It’s actually impossible to own a traditional domain name. You might have noticed, I said standard domain due to the fact that a business’s working on a new type of domain name that you can own outright. I had the opportunity 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 believed this was actually, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs 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. So it’s stored inside of your wallet, similar to a cryptocurrency would be. And what this does is it indicates 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 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 pricing from the domain computer system registry. If it’s a.com domain you’re trusting the computer registry not to alter prices or take the domain away from you in the future.
But if you were to like, you know envision what things are going to resemble in 5 to ten years. Yeah, there need to be great deals of different sellers and resellers and things like that. – Of course a new kind of domain suggests that you can’t register.com,. co,. net or any of the basic TLDs you’re used to seeing. Now Unstoppable Domains is starting with.crypto. Not a TLD you ‘d consider being a perfect suitable for your blog or company however we could see some generic TLDs being used in the future. In the meantime, Unstoppable Domains is dealing with crypto enthusiasts. It’s an absolutely different domain name system, implying you can’t type craylor.crypto into your web browser and load it or can you? See these crypto domains are NFT items. You’ve probably seen this term turn up all over recently. Non-fungible tokens are systems of data on a journal, that is the blockchain and they represent a distinct digital product.
In this case, a domain name. Now I’m not claiming to understand 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.