Find Unstoppable Domains Sign Up…The answer is no, you do not own your domain name outright, however guidelines and policies typically protect the domain from being taken from you. At the end of the day,
it is totally possible for your domain name to be taken. You’re renting it from the domain registry and they have full control over what happens with your domain. I have actually talked about this approved monopoly system before which you can find out more about in my “Domain frequently asked question” video but you don’t own your domain name. It’s in fact impossible to own a traditional domain name. You may have observed, I stated traditional domain name 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 simply believed this was truly, truly cool what Unstoppable Domains was doing. – So Unstoppable Domains builds domain names on blockchains and this is different than a traditional domain since the domain is kept by you, the user inside of your cryptocurrency wallet. It’s kept inside of your wallet, simply 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 leasing it at wholesale pricing from the domain computer registry. If it’s a.com domain you’re relying on the registry not to alter rates or take the domain away from you in the future.
– Of course a brand-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 internet browser and load it or can you?
In this case, a domain. Now I’m not claiming to understand all the technical specifics of this new domain name system. To be sincere, I still struggle with some of the concepts of cryptocurrency, and I’m not an expert in this area. Today we’re not focusing as much on the technical side of NFT domains but more on what it indicates for the future of the web. The biggest traffic jam is that web browsers Google Chrome, Safari, and Microsoft Edge have actually not yet carried out support for NFT domains. Unstoppable Domains has a solution for this, thanks to Cloudflare including assistance for their domains.