You’re renting it from the domain windows registry and they have complete control over what happens with your domain name. You may have noticed, I said standard domain name due to the fact that a business’s working on a brand-new type of domain name that you can own outright. – So Unstoppable Domains builds domain names on blockchains and this is different than a conventional domain since the domain name is saved by you, the user inside of your cryptocurrency wallet.
– 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 leasing it at wholesale prices from the domain windows registry. If it’s a.com domain you’re relying on the computer system registry not to alter costs or take the domain away from you in the future.
– Of course a brand-new type of domain name means that you can’t register.com,. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s a completely different domain name system, implying 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 declaring 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.