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 conventional domain name since a business’s working on a new type of domain name that you can own outright. – So Unstoppable Domains develops domain names on blockchains and this is various than a standard 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 actually own it. You’re leasing it from a domain registrar like Namecheap and they’re leasing it at wholesale pricing from the domain windows registry. If it’s a.com domain you’re trusting the windows registry not to change costs or take the domain away from you in the future.
However if you were to like, you know imagine what things are going to be like in 5 to ten years. Yeah, there must be lots of various sellers and resellers and things like that. – Naturally a brand-new type of domain name indicates that you can’t register.com,. co,. net or any of the standard TLDs you’re used to seeing. Today Unstoppable Domains is beginning with.crypto. Not a TLD you ‘d think of as being a perfect fit for your blog or service but we might see some generic TLDs being used in the future. For now, Unstoppable Domains is accommodating crypto lovers. It’s a completely various domain system, suggesting you can’t type craylor.crypto into your internet browser and load it or can you? See these crypto domains are NFT items. You’ve most likely seen this term pop up all over just recently. Non-fungible tokens are units of information on a ledger, that is the blockchain and they represent a distinct digital item.
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 solution for this, thanks to Cloudflare including assistance for their domains.