it is entirely possible for your domain to be seized…Crypto Mining Rig… You’re leasing it from the domain computer registry and they have complete control over what occurs with your domain. I’ve spoken about this approved monopoly system prior to which you can find out more about in my “Domain frequently asked question” video however you don’t own your domain name. It’s in fact difficult to own a conventional domain. You might have seen, I said traditional domain because a business’s working on a brand-new type of domain that you can own outright. I had the chance 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 really, really 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 is kept by you, the user inside of your cryptocurrency wallet. It’s saved 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 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 purchase a domain name you do not actually own it. You’re leasing it from a domain registrar like Namecheap and they’re leasing it at wholesale prices from the domain registry. If it’s a.com domain you’re relying on the windows registry not to alter rates 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 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 comprehend all the technical specifics of this brand-new domain name system. Unstoppable Domains has an option for this, thanks to Cloudflare including support for their domains.