it is entirely possible for your domain to be seized…Blockchain Domain Name System… You’re leasing it from the domain registry and they have complete control over what occurs with your domain name. I have actually talked about this approved monopoly system prior to which you can discover more about in my “Domain FAQ” video but you do not own your domain name. It’s actually impossible to own a traditional domain name. You might have noticed, I stated standard domain since a business’s dealing with a new type of domain that you can own outright. I had the possibility to interview 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 actually, truly cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain on blockchains and this is various than a traditional domain because the domain name is kept by you, the user inside of your cryptocurrency wallet. So it’s saved inside of your wallet, much like a cryptocurrency would be. And what this does is it suggests 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, no one can do it.
– 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 prices from the domain computer system registry. If it’s a.com domain you’re trusting the windows registry not to change costs or take the domain away from you in the future.
– Of course a brand-new type of domain name suggests 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 a service for this, thanks to Cloudflare including support for their domains.