it is totally possible for your domain name to be seized…Selling Namecoin For Bitcoin… You’re renting it from the domain computer system registry and they have full control over what happens with your domain name. I’ve spoken about this approved monopoly system before which you can find out more about in my “Domain FAQ” video however you don’t own your domain name. It’s actually difficult to own a traditional domain. You may have observed, I said standard domain name because a company’s dealing with a brand-new type of domain 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 believed this was really, really cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain on blockchains and this is different than a traditional domain because the domain name is stored by you, the user within your cryptocurrency wallet. It’s stored inside of your wallet, simply like a cryptocurrency would be. And what this does is it suggests 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, nobody can do it.

– Right now, when you go to acquire a domain name you do not in fact own it. You’re leasing it from a domain registrar like Namecheap and they’re renting it at wholesale prices from the domain registry. If it’s a.com domain you’re trusting the computer registry not to change rates or take the domain away from you in the future.

– Of course a brand-new type of domain name means that you can’t register.com,. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s an absolutely various domain name system, suggesting you can’t type craylor.crypto into your internet browser and load it or can you?

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 support for their domains.

You’re renting it from the domain registry and they have complete control over what occurs with your domain name. You may have noticed, I stated traditional domain name since a business’s working on a new type of domain name that you can own outright. – So Unstoppable Domains builds domain names on blockchains and this is various than a traditional domain due to the fact that the domain name is saved by you, the user inside of your cryptocurrency wallet.

– Right now, when you go to acquire a domain name you do not really own it. You’re renting it from a domain registrar like Namecheap and they’re renting it at wholesale prices from the domain pc registry. If it’s a.com domain you’re trusting the registry not to alter rates or take the domain away from you in the future.

– Of course a brand-new type of domain name suggests that you can’t register.com,. For now, Unstoppable Domains is catering to crypto enthusiasts. It’s a totally different domain name system, indicating you can’t type craylor.crypto into your internet 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 new domain name system. Unstoppable Domains has a service for this, thanks to Cloudflare adding assistance for their domains.