You’re renting it from the domain computer system registry and they have full control over what occurs with your domain name. You may have discovered, I said conventional domain name since a business’s working on a new type of domain name that you can own outright. – So Unstoppable Domains constructs domain names on blockchains and this is various than a standard domain since 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 rates from the domain windows registry. If it’s a.com domain you’re trusting the registry not to change prices or take the domain away from you in the future.
– Of course a new type of domain name implies that you can’t register.com,. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s an absolutely different domain name system, suggesting 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 declaring to comprehend all the technical specifics of this new domain name system. To be sincere, I still struggle with some of the ideas of cryptocurrency, and I’m not a professional in this space. However 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 web. The greatest traffic jam is that internet web browsers Google Chrome, Safari, and Microsoft Edge have actually not yet executed support for NFT domains. Unstoppable Domains has a solution for this, thanks to Cloudflare including assistance for their domains.