it is entirely possible for your domain name to be seized…Bitcoin Dominance Kaç… You’re leasing it from the domain computer system registry and they have full control over what occurs with your domain. I have actually talked about this approved monopoly system prior to which you can find out more about in my “Domain frequently asked question” video but you do not own your domain. It’s actually difficult to own a conventional domain. You might have seen, I said traditional domain name due to the fact that a company’s working on a brand-new type of domain that you can own outright. I had the opportunity 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, really cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain names on blockchains and this is various than a traditional domain due to the fact that the domain name is saved by you, the user within your cryptocurrency wallet. It’s saved inside of your wallet, simply like a cryptocurrency would be. And what this does is it implies that nobody 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 purchase a domain name you do not in fact own it. You’re leasing it from a domain registrar like Namecheap and they’re leasing it at wholesale rates from the domain computer registry. If it’s a.com domain you’re relying on the registry not to change prices or take the domain away from you in the future.
– Of course a new type of domain name suggests that you can’t register.com,. For now, Unstoppable Domains is catering to crypto lovers. It’s a completely different domain name system, indicating 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 comprehend all the technical specifics of this new domain name system. Unstoppable Domains has an option for this, thanks to Cloudflare adding support for their domains.