it is entirely possible for your domain name to be taken…Crypto Related Domain… You’re renting it from the domain pc 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 learn more about in my “Domain frequently asked question” video but you don’t own your domain. It’s really impossible to own a conventional domain name. You may have noticed, I said conventional domain name since a business’s dealing with a new kind 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 believed this was really, really cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain names on blockchains and this is different than a conventional domain due to the fact that the domain name is saved by you, the user inside of your cryptocurrency wallet. So it’s saved inside of your wallet, just like a cryptocurrency would be. And what this does is it indicates 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 purchase a domain name you do not actually own it. You’re renting it from a domain registrar like Namecheap and they’re renting it at wholesale rates from the domain registry. If it’s a.com domain you’re relying on the computer system registry not to alter rates 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 totally various domain name system, indicating 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 new domain name system. Unstoppable Domains has a service for this, thanks to Cloudflare including support for their domains.