it is entirely possible for your domain name to be seized…Namecoin Profitability Calculator… You’re renting it from the domain windows registry and they have full control over what happens with your domain. I have actually talked about this sanctioned monopoly system prior to which you can discover more about in my “Domain frequently asked question” video but you do not own your domain. It’s in fact difficult to own a conventional domain name. You might have discovered, I stated conventional domain since a company’s dealing with a brand-new kind of domain name 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 believed this was really, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain on blockchains and this is different than a conventional domain due to the fact that the domain is kept by you, the user within your cryptocurrency wallet. It’s kept inside of your wallet, just like a cryptocurrency would be. And what this does is it indicates that no one else can move the domain around, take it far from you, make updates to the domain, anything. Unstoppable Domains can’t do it, no one can do it.
– Right now, when you go to acquire a domain name you do not actually own it. You’re renting 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 windows registry not to alter 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 resemble in five to ten years. Yeah, there need to be lots of different sellers and resellers and things like that. – Obviously a brand-new type of domain name indicates that you can’t register.com,. co,. net or any of the basic TLDs you’re utilized to seeing. Today Unstoppable Domains is beginning with.crypto. Not a TLD you ‘d consider being a perfect suitable for your blog or company however we might see some generic TLDs being offered in the future. In the meantime, Unstoppable Domains is dealing with crypto lovers. It’s a totally various domain system, implying you can’t type craylor.crypto into your browser and load it or can you? See these crypto domains are NFT items. You’ve probably seen this term turn up everywhere just recently. Non-fungible tokens are units of data 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 comprehend all the technical specifics of this brand-new domain name system. Unstoppable Domains has an option for this, thanks to Cloudflare including support for their domains.