it is totally possible for your domain to be seized…Namecoin Bit Domain Registration… You’re leasing it from the domain pc registry and they have full control over what happens with your domain name. I have actually talked about this approved monopoly system before which you can discover more about in my “Domain frequently asked question” video however you do not own your domain. It’s really impossible to own a conventional domain. You might have discovered, I stated conventional domain name due to the fact that a business’s dealing with a new kind of domain 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 thought this was truly, truly cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain names on blockchains and this is various than a conventional domain since the domain is saved by you, the user within your cryptocurrency wallet. It’s saved inside of your wallet, just 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, nobody can do it.
– Right now, when you go to purchase a domain name you don’t really own it. You’re renting it from a domain registrar like Namecheap and they’re renting it at wholesale prices from the domain computer registry. If it’s a.com domain you’re relying on the pc registry not to change costs 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 must be lots of different sellers and resellers and things like that. – Of course a new kind of domain name suggests that you can’t register.com,. co,. net or any of the standard TLDs you’re utilized to seeing. Right now Unstoppable Domains is starting with.crypto. Not a TLD you ‘d think of as being an ideal suitable for your blog site or organization but we might see some generic TLDs being offered in the future. In the meantime, Unstoppable Domains is catering to crypto lovers. It’s a totally various domain name system, meaning you can’t type craylor.crypto into your web browser and load it or can you? See these crypto domains are NFT products. You have actually most likely seen this term appear everywhere recently. Non-fungible tokens are units of information on a journal, that is the blockchain and they represent an unique digital product.
In this case, a domain name. Now I’m not declaring to understand all the technical specifics of this new domain name system. Unstoppable Domains has a service for this, thanks to Cloudflare including assistance for their domains.