You’re renting it from the domain windows registry and they have full control over what happens with your domain name. You might have discovered, I stated traditional domain name since a business’s working on a brand-new type of domain name that you can own outright. – So Unstoppable Domains develops domain names on blockchains and this is different than a traditional domain because the domain name is saved by you, the user inside of your cryptocurrency wallet.
– Right now, when you go to acquire a domain name you don’t really own it. You’re leasing it from a domain registrar like Namecheap and they’re leasing it at wholesale rates from the domain computer registry. If it’s a.com domain you’re relying on the windows registry not to change rates 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 lovers. It’s a completely different domain name system, meaning 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 understand all the technical specifics of this new domain name system. To be honest, I still battle with a few of the concepts of cryptocurrency, and I’m not an expert in this area. However today we’re not focusing as much on the technical side of NFT domains but more on what it means for the future of the web. The greatest traffic jam is that web web browsers Google Chrome, Safari, and Microsoft Edge have actually not yet implemented support for NFT domains. Unstoppable Domains has a solution for this, thanks to Cloudflare including assistance for their domains.