it is completely possible for your domain name to be taken…Namecoin Wallet Linux… You’re renting it from the domain computer registry and they have complete control over what happens with your domain. I’ve discussed this approved monopoly system before which you can find out more about in my “Domain FAQ” video but you don’t own your domain name. It’s actually difficult to own a standard domain. You may have discovered, I stated conventional domain name since a business’s dealing with a brand-new type of domain name 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 just believed this was truly, really cool what Unstoppable Domains was doing. – So Unstoppable Domains builds domain on blockchains and this is various than a conventional domain since the domain is kept by you, the user within your cryptocurrency wallet. It’s stored inside of your wallet, just like a cryptocurrency would be. And what this does is it implies that nobody 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 buy a domain name you don’t really own it. You’re renting it from a domain registrar like Namecheap and they’re leasing it at wholesale pricing from the domain pc registry. If it’s a.com domain you’re trusting the pc registry not to alter prices or take the domain away from you in the future.
– Of course a new type of domain name means that you can’t register.com,. For now, Unstoppable Domains is catering to crypto lovers. It’s a totally various domain name system, meaning you can’t type craylor.crypto into your browser and load it or can you?
In this case, a domain name. Now I’m not claiming to understand all the technical specifics of this brand-new domain name system. Unstoppable Domains has a service for this, thanks to Cloudflare adding support for their domains.