You’re leasing it from the domain computer registry and they have complete control over what occurs with your domain name. You may have seen, I said conventional domain name due to the fact that a business’s working on a brand-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 since the domain name is stored by you, the user inside of your cryptocurrency wallet.
– 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 windows registry. If it’s a.com domain you’re relying on 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 lovers. It’s an absolutely 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 support for their domains.