it is totally possible for your domain name to be taken…Crypto Tax… You’re leasing it from the domain pc registry and they have full control over what happens with your domain. I’ve talked about this sanctioned monopoly system prior to which you can learn more about in my “Domain FAQ” video however you don’t own your domain. It’s really difficult to own a conventional domain name. You may have noticed, I said conventional domain since a company’s dealing with a new type of domain name that you can own outright. I had the opportunity 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 thought this was actually, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain on blockchains and this is various than a traditional domain due to the fact that the domain is stored by you, the user within your cryptocurrency wallet. So it’s kept within your wallet, similar to 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, nobody can do it.
– Right now, when you go to buy a domain name you don’t actually own it. You’re renting it from a domain registrar like Namecheap and they’re renting it at wholesale pricing from the domain registry. If it’s a.com domain you’re trusting the registry not to alter rates or take the domain away from you in the future.
– Of course a new type of domain name indicates that you can’t register.com,. For now, Unstoppable Domains is catering to crypto lovers. It’s an absolutely various domain name system, suggesting you can’t type craylor.crypto into your internet browser and load it or can you?
In this case, a domain name. Now I’m not declaring to comprehend all the technical specifics of this new domain name system. Unstoppable Domains has a service for this, thanks to Cloudflare adding support for their domains.