In order to create a website, it is necessary to have a domain name.

Why does domain registration and the domain itself cost money?

When purchasing a domain name like "******.com," a fee of 10 USD must be paid. Who is the recipient of this payment?
Is it feasible to acquire a .com domain for eternity so that it can be passed down through generations?

Who is in possession of all unclaimed .com domain names?
Who is the rightful owner of domain names before they are purchased or registered?
Who determines the pricing structure for domain names?

Moreover, is it possible to construct your private domain zone, such as ******.mydomainname?

When you want a domain name, you don't actually own it. You rent it from a registrar and this means that it cannot be passed on to someone else through inheritance. However, there is a life hack: if you deposit an amount equal to 100 annual payments into the registrar's account, they are unlikely to terminate the lease even if you're dead. But if the lease is terminated, the domain name disappears as an object of the right.

If you lose access to the domain name and need to recover it, it's best to contact ICANN. However, this can be a complex and costly process that requires a lot of knowledge of English business correspondence, as large corporations often register TLDs like .google or .xerox. For individuals, it's possible to set up a DNS, but it will likely only be used by those who know about it.

To put it simply, the structure of organizations that sell domains is composed of ICANN, which manages domain names and IP addresses, and Registries, which manage individual domain zones as well as control registrars. Verisign, for instance, oversees a number of popular zones such as .com, .net, and .cc. Official Registrars and their partners are also part of this structure, with some serving as official registrars for certain zones while others act as partners.

When you purchase a domain, ICANN and the registry receive a portion of the cost while registrars take varying amounts. The price of domains in the .com zone typically ranges from 8.5 to...

It's worth noting that a domain only exists once it's registered, except for some reserved domain names and those held by registrars for resale.

Domain registration fees are charged for several reasons. Firstly, maintaining the infrastructure required for domain names, including the servers and databases that store and process domain registration information, requires significant investment in terms of hardware, software, and technical expertise. Additionally, domain registrars incur costs related to marketing, customer support, and administrative overhead.

When you purchase a domain name, the recipient of the payment is typically the domain registrar that you choose to register the domain with. There are many domain registrars, and they compete for customers based on the ease of use of their interfaces, customer support, additional services offered, and pricing.

As for owning a domain name for eternity, domain names are generally leased rather than owned outright. When you register a domain name, you are essentially leasing it for a specified period, usually one year. You can renew the lease before it expires, effectively allowing you to maintain the domain name indefinitely as long as you continue to pay the renewal fees.

Unclaimed .com domain names are not owned by anyone until they are registered. Once registered, the person or organization that completes the registration process becomes the rightful owner of the domain name, subject to the terms and conditions of the registrar.

The pricing structure for domain names is determined by market forces and the policies of the domain registry. Factors that can affect domain pricing include the perceived value of the domain name, the length of the registration period, the demand for specific domain extensions, and the overhead costs associated with maintaining the domain registry.

Lastly, it is possible to create a private domain zone, commonly referred to as a "private TDL" or "custom TLD," such as .mydomainname. However, the process of creating and maintaining a custom TLD involves significant technical and financial considerations and requires approval from ICANN (the Internet Corporation for Assigned Names and Numbers) or other relevant authorities.

When you register a domain name like "******.com," you're essentially renting it from the Internet Corporation for Assigned Names and Numbers (ICANN), a non-profit organization that oversees the global domain name system. The $10 fee you pay is actually a registration fee, which goes to the domain registrar, such as GoDaddy or Namecheap, not ICANN directly. The registrar then pays a portion of that fee to ICANN.

It's not possible to acquire a.com domain for eternity, as domain registrations typically have a maximum term of 10 years, after which you'll need to renew it. If you fail to renew, the domain will expire and become available for others to register.

Unclaimed.com domain names are not owned by anyone, but rather are available for registration on a first-come, first-served basis. Before a domain name is registered, it's essentially a vacant lot in the domain name space, waiting for someone to claim it.

ICANN sets the pricing structure for domain names, but registrars are free to charge their own fees on top of the ICANN fee. This is why you may see different prices for the same domain name at different registrars.

As for creating your own private domain zone, such as ******.mydomainname, it's technically possible, but it's not a straightforward process. You'd need to apply to ICANN to become a top-level domain (TLD) registry, which is a complex and costly process. Alternatively, you could use a country-code TLD (ccTLD) or a generic TLD (gTLD) that's already available, but this would still require registration and renewal fees.