Of a decentralized web…Is Crypto Still Profitable… do I really own my domain name outright?” Or, “Are there specifications attached to my registration?” The response is no, you do not own your domain name outright, however policies and policies generally secure the domain from being taken from you. At the end of the day,|The response is no, you don’t own your domain name outright, but policies and guidelines generally protect the domain from being taken from you. At the end of the day,}
it is completely possible for your domain name to be seized. You’re leasing it from the domain registry and they have complete control over what happens with your domain name. I have actually talked about this approved monopoly system before which you can find out more about in my “Domain frequently asked question” video however you do not own your domain. It’s in fact impossible to own a conventional domain name. You might have observed, I said standard domain since a business’s working on a new type of domain that you can own outright. I had the possibility 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 simply thought this was truly, truly cool what Unstoppable Domains was doing. – So Unstoppable Domains develops domain on blockchains and this is various than a conventional domain because the domain is stored by you, the user within your cryptocurrency wallet. So it’s kept inside of your wallet, just 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 buy a domain name you do not in fact own it. You’re leasing it from a domain registrar like Namecheap and they’re leasing it at wholesale prices from the domain registry. If it’s a.com domain you’re trusting the registry not to change rates 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 lovers. It’s a totally different domain name system, meaning 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 understand all the technical specifics of this brand-new domain name system. Unstoppable Domains has an option for this, thanks to Cloudflare including assistance for their domains.