You’re renting it from the domain computer system registry and they have full control over what takes place with your domain name. You may have discovered, I said conventional domain name due to the fact that 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 stored by you, the user inside of your cryptocurrency wallet.
– Right now, when you go to buy a domain name you don’t really own it. You’re leasing it from a domain registrar like Namecheap and they’re renting it at wholesale rates from the domain pc registry. If it’s a.com domain you’re relying on the computer system registry not to alter 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 lovers. It’s an absolutely different domain name system, indicating you can’t type craylor.crypto into your browser and load it or can you?
In this case, a domain. Now I’m not claiming to understand all the technical specifics of this new domain name system. To be honest, I still fight with a few of the principles of cryptocurrency, and I’m not an expert in this area. However today we’re not focusing as much on the technical side of NFT domains however more on what it indicates for the future of the web. The biggest traffic jam is that internet browsers Google Chrome, Safari, and Microsoft Edge have not yet carried out support for NFT domains. Unstoppable Domains has a solution for this, thanks to Cloudflare adding support for their domains.