it is entirely possible for your domain name to be seized…Cryptocurrency Names In India… You’re renting it from the domain windows registry and they have complete control over what happens with your domain name. I have actually spoken about this sanctioned monopoly system before which you can discover more about in my “Domain frequently asked question” video however you don’t own your domain name. It’s really impossible to own a standard domain. You may have discovered, I stated conventional domain due to the fact that a company’s dealing with a brand-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 simply thought this was actually, really cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain names on blockchains and this is various than a traditional domain because the domain is saved by you, the user within your cryptocurrency wallet. So it’s stored inside of 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, no one can do it.
– Right now, when you go to acquire 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 prices from the domain windows registry. If it’s a.com domain you’re relying on the pc registry not to alter costs or take the domain away from you in the future.
– Of course a brand-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 various domain name system, indicating you can’t type craylor.crypto into your web browser and load it or can you?
In this case, a domain. Now I’m not declaring to comprehend all the technical specifics of this brand-new domain system. To be sincere, I still struggle with a few of the concepts of cryptocurrency, and I’m not a specialist in this area. But 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 most significant bottleneck is that web browsers Google Chrome, Safari, and Microsoft Edge have not yet implemented assistance for NFT domains. Unstoppable Domains has a solution for this, thanks to Cloudflare including assistance for their domains.