it is totally possible for your domain to be taken…How To Exchange Crypto… You’re leasing it from the domain pc registry and they have complete control over what occurs with your domain. I’ve discussed this sanctioned monopoly system before which you can find out 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 might have discovered, I said conventional domain since a company’s working on a brand-new kind of domain name that you can own outright. I had the chance to interview 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, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain names on blockchains and this is various than a traditional domain due to the fact that the domain name is saved by you, the user within your cryptocurrency wallet. So it’s saved within your wallet, much like a cryptocurrency would be. And what this does is it indicates 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, nobody can do it.
– Right now, when you go to acquire 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 prices from the domain computer system registry. If it’s a.com domain you’re trusting the computer system registry not to change rates or take the domain away from you in the future.
If you were to like, you know picture what things are going to be like in five to 10 years. Yeah, there should be lots of various sellers and resellers and things like that. – Of course a new type of domain means that you can’t register.com,. co,. net or any of the basic TLDs you’re utilized to seeing. Now Unstoppable Domains is starting with.crypto. Not a TLD you ‘d think of as being a perfect fit for your blog site or company however we might see some generic TLDs being provided in the future. For now, Unstoppable Domains is dealing with crypto enthusiasts. It’s an absolutely different domain system, suggesting you can’t type craylor.crypto into your browser and load it or can you? See these crypto domains are NFT products. You have actually most likely seen this term pop up everywhere just recently. Non-fungible tokens are units of information on a ledger, that is the blockchain and they represent a distinct digital product.
In this case, a domain name. Now I’m not claiming to understand all the technical specifics of this brand-new domain name system. Unstoppable Domains has an option for this, thanks to Cloudflare adding assistance for their domains.