it is totally possible for your domain to be taken…Do Bitcoin Bots Work… You’re leasing it from the domain registry and they have complete control over what occurs with your domain. I have actually discussed this approved monopoly system before which you can discover more about in my “Domain frequently asked question” video but you don’t own your domain. It’s really difficult to own a conventional domain name. You may have discovered, I said standard domain name since a company’s dealing with a new type of domain name that you can own outright. I had the possibility to talk to 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 really, really cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain on blockchains and this is different than a traditional domain because the domain name is kept by you, the user inside of your cryptocurrency wallet. It’s kept inside of your wallet, simply like a cryptocurrency would be. And what this does is it implies that no one else can move the domain around, take it away 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 purchase a domain name you do not in fact own it. You’re leasing 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 pc registry not to change 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 enthusiasts. It’s a totally different 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 claiming 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.