it is entirely possible for your domain name to be seized…Namecoin Wallet Address Help… You’re leasing it from the domain windows registry and they have full control over what happens with your domain name. I have actually spoken about this approved monopoly system before which you can find out more about in my “Domain frequently asked question” video but you don’t own your domain name. It’s really impossible to own a conventional domain name. You may have observed, I said standard domain name since a company’s working on a brand-new kind of domain 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 simply believed this was actually, really cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain on blockchains and this is various than a traditional domain since the domain name is kept by you, the user within your cryptocurrency wallet. It’s saved inside of your wallet, simply like a cryptocurrency would be. And what this does is it indicates that nobody 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 actually own it. You’re renting it from a domain registrar like Namecheap and they’re leasing it at wholesale prices from the domain pc registry. If it’s a.com domain you’re trusting the computer registry not to change prices or take the domain away from you in the future.
But if you were to like, you understand imagine what things are going to resemble in five to 10 years. Yeah, there need to be lots of various sellers and resellers and things like that. – Obviously a new kind of domain name means that you can’t register.com,. co,. net or any of the standard TLDs you’re utilized to seeing. Now Unstoppable Domains is beginning with.crypto. Not a TLD you ‘d consider being a perfect suitable for your blog site or service however we might see some generic TLDs being used in the future. In the meantime, Unstoppable Domains is dealing with crypto enthusiasts. It’s a completely different domain system, indicating 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 probably seen this term appear everywhere recently. Non-fungible tokens are systems of data on a journal, that is the blockchain and they represent a distinct digital product.
In this case, a domain name. Now I’m not declaring to understand all the technical specifics of this brand-new domain name system. Unstoppable Domains has an option for this, thanks to Cloudflare including assistance for their domains.