it is totally possible for your domain name to be seized…Slushpool Namecoin Processing Time… You’re leasing it from the domain pc registry and they have complete control over what occurs with your domain. I have actually 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 impossible to own a traditional domain name. You may have discovered, I stated traditional domain since a company’s dealing with a brand-new kind 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 simply believed this was actually, actually cool what Unstoppable Domains was doing. – So Unstoppable Domains constructs domain on blockchains and this is different than a traditional domain due to the fact that the domain is kept by you, the user inside of your cryptocurrency wallet. It’s kept inside of your wallet, just like a cryptocurrency would be. And what this does is it means 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, 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 registry. If it’s a.com domain you’re trusting the pc registry not to change prices or take the domain away from you in the future.
– Of course a new type of domain name indicates that you can’t register.com,. For now, Unstoppable Domains is catering to crypto enthusiasts. 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 claiming to understand all the technical specifics of this brand-new domain name system. Unstoppable Domains has a solution for this, thanks to Cloudflare including support for their domains.