it is totally possible for your domain to be taken…Crypto Visa Card… You’re leasing it from the domain pc registry and they have full control over what occurs with your domain. I’ve discussed this approved monopoly system prior to which you can find out more about in my “Domain frequently asked question” video however you do not own your domain name. It’s actually impossible to own a standard domain. You may have observed, I stated conventional domain because a business’s working on a new kind of domain that you can own outright. I had the possibility 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 believed this was truly, really cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain on blockchains and this is various than a standard domain because the domain name is stored by you, the user within your cryptocurrency wallet. So it’s stored inside of your wallet, just like a cryptocurrency would be. And what this does is it implies 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, nobody can do it.
– Right now, when you go to purchase a domain name you don’t in fact own it. You’re renting it from a domain registrar like Namecheap and they’re renting it at wholesale pricing from the domain pc registry. If it’s a.com domain you’re relying on the registry not to alter prices or take the domain away from you in the future.
But if you were to like, you know imagine what things are going to be like in five to ten years. Yeah, there should be lots of different sellers and resellers and things like that. – Obviously a brand-new kind of domain name implies that you can’t register.com,. co,. net or any of the standard TLDs you’re utilized to seeing. Right now Unstoppable Domains is starting with.crypto. Not a TLD you ‘d think of as being an ideal suitable for your blog site or service however we could see some generic TLDs being provided in the future. For now, Unstoppable Domains is dealing with crypto lovers. It’s an absolutely various domain name system, implying you can’t type craylor.crypto into your web browser and load it or can you? See these crypto domains are NFT products. You’ve most likely seen this term turn up everywhere recently. Non-fungible tokens are systems of information on a journal, that is the blockchain and they represent an unique digital product.
In this case, a domain name. Now I’m not declaring to understand all the technical specifics of this new domain name system. Unstoppable Domains has a service for this, thanks to Cloudflare adding assistance for their domains.