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What is a domian name?
 A domain name is a Web address, such as coolexample.com, that is linked to an IP address (which represents a physical point on the Internet). The Internet Corporation for Assigned Names and Numbers (ICANN) is the governing body that coordinates links between IP addresses and domain names across the Internet, so you can find Web sites by entering domain names instead of IP addresses into your Web browser.
For example, think of an IP address as an address for a house or business, such as the White House. The address, 1600 Pennsylvania Avenue is comparable to an IP address, and the name you know it as, the White House, is comparable to a domain name.
A domain name consists of a top-level and a second-level domain. A top-level domain (TLD), or domain extension, is the part of the domain name located to the right of the dot (coolexample.com). The most common domain extensions are .COM, .NET, and .ORG. Some other popular domain extensions are .BIZ, .INFO, .NAME, and .WS. These common extensions have certain guidelines, but are usually available to any registrant, anywhere in the world.
There are also restricted top-level domains (rTLDs), like .AERO, .BIZ, .EDU, .MIL, .MUSEUM, .NAME, and .PRO that require registrants to represent a certain type of entity or to belong to a certain community. For example, the .NAME domain extension is reserved for individuals, while .EDU is reserved for educational entities.
Country-code TLDs (ccTLDs) are for Web sites and registrants of a particular geographic location, such as .BZ (Belize), .CA (Canada), .DK (Denmark), .EC (Ecuador), .IE (Republic of Ireland), .UK (United Kingdom), .US (United States), and .ZW (Zimbabwe).
The part of the domain name located to the left of the dot (coolexample.com) is called the second-level domain (SLD) name. The second-level domain name is the "readable" part of the address and refers to the organization or entity behind the Internet address. Second-level domain names must be unique on the Internet and registered with an ICANN-accredited registrar. As an ICANN-accredited registrar, you can register domain names through us
Registering a domain doesn't automatically make your Web site appear when visitors enter your domain into a Web browser. You have to upload your Web site to a computer that hosts the site and assigns a numeric address, called an IP address, to your domain. Your domain and associated IP address are stored in a database with every other domain and associated IP address. When visitors enter your domain into a Web browser, your domain works like an address forwarding service by forwarding visitors to the IP address where your Web site is stored. We use domain names instead of IP addresses because most people find it easier to remember a name rather than a series of numbers.
When you register a domain, you do not have to create and upload a Web site. You can also:
Sell it. Domains can be a great investment. If you have registered a domain that you are not using, maybe someone else can. Log in to your Account Manager and set up a For Sale parked page for your domain. Don't forget to include your contact information.
Protect your brand online. The more domains you register, the better. Prevent others from registering a similar domain to yours—just to steal away your customers. What to do with all these names? Forward them to your main domain.
Hold on to it. Maybe you haven’t decided what to do with your new domain. Don’t worry – there’s no rush. You can leave it parked with us for the length of your registration.
For new .COM and .NET domains and updates, it may take up to eight hours for changes to become effective. It may take up to 48 hours for changes made to all other domain extensions to become effective. This is because of the number of networks and agencies involved. Delays apply to all domains and registrars. Please allow for this delay when planning Web sites or configuring a domain to work with your email.
These registrars are authorized and accredited by the Internet Corporation for Assigned Names and Numbers (ICANN), the organization charged with overseeing the name and number systems of the Internet. In addition to IANA, each top-level domain (TLD) is maintained and serviced technically by a sponsoring organization, the TLD Registry. The registry is responsible for maintaining the database of names registered within the TLDs they administer. The registry receives registration information from each domain name registrar authorized to assign names in the corresponding TLD and publishes the information using a special service, the whois protocol.
In this context a domain name is sometimes referred to as a 'product' sold by domain name registrars. However, the rules of assignment specify that no legal ownership is conferred with such transactions, only the right of exclusive use and the authority to the name space. Once assigned, a domain name becomes part of the pool of registered domain names and is no longer available for use by anyone else. Colloquially, marketers incorrectly refer to domain names as "web addresses", however, a web address is actually a fully specified World-Wide Web resource locator, such as http://www.example.com, actually pointing to a web site.
New domain names are usually registered through the registrar for annual terms with a minimum of one year. The maximum length of prepaid registration if often 10 years, but varies depending on the policies of the sponsoring registry of the top-level domain under which registration is sought. Registration periods may be extended, usually at any time, until the end of a grace period after the registration expiration date.
Domain names may be transferred between parties or advertised for 'sale'. This is often called the "domain name aftermarket" (see below). After a domain name registration and the grace period expire, the domain name is either returned to the pool of available names, or receives special treatment by the registrars and could possibly end up in the 'aftermarket'
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