Namecoin Good Investment – Ultimate Crypto FAQ

Find Namecoin Good Investment…The response is no, you do not own your domain name outright, however regulations and policies generally safeguard the domain from being taken from you. At the end of the day,

it is entirely possible for your domain to be taken. You’re leasing it from the domain pc registry and they have full control over what happens with your domain name. I’ve talked about this approved monopoly system before which you can learn more about in my “Domain frequently asked question” video but you don’t own your domain name. It’s actually difficult to own a standard domain. You may have observed, I stated standard domain since a company’s working on a new kind of domain 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 believed this was truly, truly cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain on blockchains and this is different than a conventional domain because the domain is stored by you, the user within your cryptocurrency wallet. So it’s stored inside of your wallet, just like a cryptocurrency would be. And what this does is it implies that nobody 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 really own it. You’re leasing it from a domain registrar like Namecheap and they’re renting it at wholesale pricing from the domain registry. If it’s a.com domain you’re relying on the computer registry not to change prices 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 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 assistance for their domains.