it is entirely possible for your domain name to be seized…Bitcoin-related Domain Name Queried By Ec2 Instance… You’re leasing it from the domain registry and they have complete control over what occurs with your domain name. I’ve discussed this sanctioned monopoly system prior to which you can find out more about in my “Domain FAQ” video however you do not own your domain name. It’s actually impossible to own a traditional domain. You might have seen, I stated traditional domain due to the fact that a company’s working on a brand-new kind of domain that you can own outright. I had the chance 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 believed this was really, truly cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain names on blockchains and this is different than a standard domain because the domain name is stored by you, the user within your cryptocurrency wallet. It’s saved inside of your wallet, just like a cryptocurrency would be. And what this does is it suggests that nobody else can move the domain around, take it away from you, make updates to the domain, anything. Unstoppable Domains can’t do it, no one can do it.
– Right now, when you go to purchase a domain name you do not really own it. You’re renting it from a domain registrar like Namecheap and they’re leasing it at wholesale prices from the domain computer system registry. If it’s a.com domain you’re relying on the pc registry not to change prices or take the domain away from you in the future.
– Of course a brand-new type of domain name implies that you can’t register.com,. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s a completely different domain name system, implying you can’t type craylor.crypto into your browser and load it or can you?
In this case, a domain name. Now I’m not claiming to understand all the technical specifics of this brand-new domain name system. Unstoppable Domains has an option for this, thanks to Cloudflare adding support for their domains.