it is entirely possible for your domain to be seized…Usa Namecoins… You’re leasing it from the domain pc registry and they have complete control over what happens with your domain. I have actually spoken about this sanctioned 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 actually difficult to own a standard domain name. You may have discovered, I stated conventional domain since a company’s dealing with a brand-new kind of domain that you can own outright. I had the opportunity 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 actually, really cool what Unstoppable Domains was doing. – So Unstoppable Domains builds domain names on blockchains and this is various than a traditional domain due to the fact that the domain is saved by you, the user inside of your cryptocurrency wallet. So it’s stored within 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 purchase a domain name you do not in fact 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 computer system registry not to change costs 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 lovers. It’s an absolutely various domain name system, implying 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 comprehend all the technical specifics of this new domain name system. Unstoppable Domains has an option for this, thanks to Cloudflare including assistance for their domains.