it is completely possible for your domain to be taken…Blockchain Domains Nft… You’re renting it from the domain pc registry and they have complete control over what occurs with your domain. I’ve talked about this sanctioned monopoly system prior to which you can find out more about in my “Domain FAQ” video however you don’t own your domain name. It’s really impossible to own a conventional domain. You might have noticed, I said traditional domain due to the fact that a company’s working on a new kind of domain name 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 believed this was really, truly cool what Unstoppable Domains was doing. – So Unstoppable Domains builds domain names on blockchains and this is various than a conventional domain because the domain name is saved by you, the user within your cryptocurrency wallet. It’s kept inside of your wallet, simply like a cryptocurrency would be. And what this does is it indicates 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, no one can do it.
– Right now, when you go to purchase a domain name you don’t really own it. You’re renting it from a domain registrar like Namecheap and they’re leasing it at wholesale rates from the domain pc registry. If it’s a.com domain you’re trusting the computer registry not to change prices or take the domain away from you in the future.
– Of course a new type of domain name means that you can’t register.com,. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s an absolutely various domain name system, indicating you can’t type craylor.crypto into your web browser and load it or can you?
In this case, a domain name. Now I’m not claiming to comprehend 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.