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The answer is no, you do not own your domain name outright, but policies and guidelines usually protect the domain from being taken from you. At the end of the day,

it is totally possible for your domain name to be seized. You’re leasing it from the domain windows registry and they have full control over what occurs with your domain. I have actually spoken about this approved monopoly system prior to which you can discover more about in my “Domain frequently asked question” video but you don’t own your domain name. It’s in fact difficult to own a traditional domain name. You may have seen, I said standard domain due to the fact that a business’s dealing with a brand-new type of domain that you can own outright. I had the possibility 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 just thought this was really, truly cool what Unstoppable Domains was doing. – So Unstoppable Domains builds domain on blockchains and this is various than a traditional domain since the domain is kept by you, the user within your cryptocurrency wallet. It’s saved inside of your wallet, simply like a cryptocurrency would be. And what this does is it indicates 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, no one can do it.

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

If you were to like, you know imagine what things are going to be like in 5 to 10 years. Yeah, there must be lots of different sellers and resellers and things like that. – Naturally a brand-new kind of domain means that you can’t register.com,. co,. net or any of the basic TLDs you’re used to seeing. Now Unstoppable Domains is starting with.crypto. Not a TLD you ‘d consider being a perfect suitable for your blog site or service however we could see some generic TLDs being used in the future. In the meantime, Unstoppable Domains is catering to crypto enthusiasts. It’s an absolutely different domain name system, implying you can’t type craylor.crypto into your web browser and load it or can you? See these crypto domains are NFT items. You have actually most likely seen this term pop up all over recently. Non-fungible tokens are systems of information on a journal, that is the blockchain and they represent an unique digital product.

In this case, a domain name. Now I’m not declaring to comprehend all the technical specifics of this brand-new domain name system. Unstoppable Domains has an option for this, thanks to Cloudflare adding assistance for their domains.