Find Namecoin Mining Reddit…The answer is no, you do not own your domain name outright, but regulations and policies normally safeguard the domain from being taken from you. At the end of the day,
You’re renting it from the domain computer registry and they have full control over what occurs with your domain name. You might have observed, I said traditional domain name because a business’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 different 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 buy 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 pc registry. If it’s a.com domain you’re relying on the computer system registry not to change prices or take the domain away from you in the future.
– Of course a new type of domain name means that you can’t register.com,. For now, Unstoppable Domains is catering to crypto lovers. It’s a totally different domain name system, meaning you can’t type craylor.crypto into your browser and load it or can you?
In this case, a domain. Now I’m not declaring to understand all the technical specifics of this brand-new domain name system. To be truthful, I still struggle with a few of the concepts of cryptocurrency, and I’m not a professional in this space. But today we’re not focusing as much on the technical side of NFT domains but more on what it means for the future of the web. The greatest bottleneck is that internet browsers Google Chrome, Safari, and Microsoft Edge have not yet implemented assistance for NFT domains. Unstoppable Domains has a service for this, thanks to Cloudflare adding assistance for their domains.