it is completely possible for your domain to be seized…Best Crypto Domains… You’re renting it from the domain registry and they have complete control over what occurs with your domain name. I’ve spoken about this sanctioned monopoly system before which you can discover more about in my “Domain FAQ” video however you do not own your domain name. It’s in fact impossible to own a traditional domain. You might have observed, I said traditional domain name because a business’s working on a new kind of domain that you can own outright. I had the possibility to speak with 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 thought this was truly, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain names on blockchains and this is various than a traditional domain since the domain is saved by you, the user within your cryptocurrency wallet. So it’s saved within your wallet, similar to a cryptocurrency would be. And what this does is it implies that no one else can move the domain around, take it far from you, make updates to the domain, anything. Unstoppable Domains can’t do it, nobody can do it.
– Right now, when you go to acquire a domain name you don’t actually own it. You’re renting it from a domain registrar like Namecheap and they’re renting it at wholesale rates from the domain computer registry. If it’s a.com domain you’re relying on the windows registry not to alter prices or take the domain away from you in the future.
– Of course a brand-new type of domain name indicates that you can’t register.com,. For now, Unstoppable Domains is catering to crypto lovers. It’s a completely various domain name system, implying you can’t type craylor.crypto into your internet 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 a service for this, thanks to Cloudflare adding support for their domains.