You’re renting it from the domain computer registry and they have complete control over what takes place with your domain name. You may have discovered, I stated conventional domain name since a business’s working on a new type of domain name that you can own outright. – So Unstoppable Domains builds domain names on blockchains and this is various than a traditional domain because the domain name is kept by you, the user inside of your cryptocurrency wallet.
– Right now, when you go to buy 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 rates from the domain windows registry. If it’s a.com domain you’re relying on the computer system registry not to change prices 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 lovers. It’s a totally 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 understand all the technical specifics of this new domain system. To be sincere, I still struggle with some of the concepts of cryptocurrency, and I’m not a specialist in this space. But today we’re not focusing as much on the technical side of NFT domains however more on what it means for the future of the internet. The biggest traffic jam is that web web browsers Google Chrome, Safari, and Microsoft Edge have actually not yet implemented assistance for NFT domains. Unstoppable Domains has a service for this, thanks to Cloudflare including assistance for their domains.