it is totally possible for your domain to be seized…Namecoin To Ether… You’re leasing it from the domain registry and they have complete control over what happens with your domain. I’ve discussed this approved monopoly system prior to which you can find out more about in my “Domain frequently asked question” video but you do not own your domain. It’s in fact impossible to own a traditional domain. You may have discovered, I stated conventional domain name because a company’s working on a new type of domain name that you can own outright. I had the chance 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, really cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain on blockchains and this is various than a traditional domain due to the fact that the domain is stored by you, the user inside of your cryptocurrency wallet. It’s stored inside of your wallet, simply like a cryptocurrency would be. And what this does is it implies 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, nobody can do it.
– Right now, when you go to buy a domain name you don’t in fact own it. You’re leasing it from a domain registrar like Namecheap and they’re renting it at wholesale pricing from the domain computer system registry. If it’s a.com domain you’re relying on the windows registry not to change rates or take the domain away from you in the future.
– Of course a new type of domain name implies that you can’t register.com,. For now, Unstoppable Domains is catering to crypto lovers. It’s a completely different domain name system, suggesting you can’t type craylor.crypto into your web browser and load it or can you?
In this case, a domain name. Now I’m not declaring to comprehend all the technical specifics of this brand-new domain name system. Unstoppable Domains has a service for this, thanks to Cloudflare adding assistance for their domains.