it is entirely possible for your domain name to be seized…Namecoin Where To Lookup Namecoin Address… You’re renting it from the domain computer system registry and they have full control over what happens with your domain name. I have actually talked about this sanctioned monopoly system before which you can find out more about in my “Domain frequently asked question” video but you do not own your domain name. It’s really difficult to own a conventional domain name. You might have seen, I stated conventional domain due to the fact that a company’s working on a brand-new kind of domain name that you can own outright. I had the opportunity 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 simply thought this was really, really cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain on blockchains and this is different than a standard domain since the domain is stored by you, the user within your cryptocurrency wallet. So it’s stored within your wallet, similar to a cryptocurrency would be. And what this does is it indicates 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, no one can do it.
– Right now, when you go to purchase a domain name you do not actually own it. You’re leasing it from a domain registrar like Namecheap and they’re leasing it at wholesale rates from the domain computer system registry. If it’s a.com domain you’re trusting the computer system registry not to change rates or take the domain away from you in the future.
If you were to like, you know imagine what things are going to be like in five to 10 years. Yeah, there should be great deals of various sellers and resellers and things like that. – Naturally a new kind of domain name indicates that you can’t register.com,. co,. net or any of the basic TLDs you’re used to seeing. Today Unstoppable Domains is beginning with.crypto. Not a TLD you ‘d think of as being an ideal fit for your blog or business however we might see some generic TLDs being provided in the future. In the meantime, Unstoppable Domains is accommodating crypto lovers. It’s a totally different domain name 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’ve most likely seen this term pop up everywhere recently. Non-fungible tokens are systems 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 solution for this, thanks to Cloudflare including assistance for their domains.