it is completely possible for your domain to be taken…Bitcoin Dominance Ne Zaman Düşer… You’re leasing it from the domain computer registry and they have complete control over what occurs with your domain name. I have actually spoken about this approved monopoly system before which you can learn more about in my “Domain frequently asked question” video but you do not own your domain. It’s actually difficult to own a standard domain. You might have seen, I stated traditional domain name due to the fact that a business’s dealing with a new type 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 just thought this was truly, truly cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain names on blockchains and this is different than a conventional domain since the domain is saved by you, the user inside of your cryptocurrency wallet. So it’s kept within your wallet, just 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 renting it from a domain registrar like Namecheap and they’re renting it at wholesale prices from the domain computer registry. If it’s a.com domain you’re trusting the registry not to alter costs or take the domain away from you in the future.
– Of course a new type of domain name indicates that you can’t register.com,. For now, Unstoppable Domains is catering to crypto lovers. It’s an absolutely different domain name system, suggesting you can’t type craylor.crypto into your web browser and load it or can you?
In this case, a domain. Now I’m not claiming to comprehend all the technical specifics of this new domain name system. To be truthful, I still battle with some 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 however more on what it implies for the future of the web. The biggest bottleneck is that internet web browsers Google Chrome, Safari, and Microsoft Edge have not yet carried out support for NFT domains. Unstoppable Domains has a solution for this, thanks to Cloudflare including assistance for their domains.