^ March 16, 1992 memo from Mariam Leder, NSF Assistant General Counsel to Steven Wolff, Division Director, NSF DNCRI (included at page 128 of Management of NSFNET, a transcript of the March 12, 1992 hearing before the Subcommittee on Science of the Committee on Science, Space, and Technology, U.S. House of Representatives, One Hundred Second Congress, Second Session, Hon. Rick Boucher, subcommittee chairman, presiding)
A domain name can be used for a variety of purposes. Many people who are not ready for a website simply register the domain name of their choice to ensure it doesn’t get snatched up by anyone else. They may use it to create a professionally branded email address, or as a Web address that can point customers to an alternate online presence, such as their social media page, if they don’t yet have a website.
If you own a business, your company needs a website. If it doesn't have one, it should. Naturally, online businesses by definition require websites for marketing and selling products or services by definition. In the internet age, however, even local brick-and-mortar business need to at the very least be discoverable via the web (and they probably ought to be selling online, too).
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Free hosting simply isn’t capable of things greater than practice. If you to learn how to do the basics or even set up a simple website, free website hosting is going to be just fine. For big dreams and big projects, however, you’ll need something that’s more powerful, more capable and more reliable. I, however, don’t think you need to spend big bucks. There are plenty of amazing cheap web hosts to choose from.
Dedicated servers are used to power complex applications and high-traffic websites. You might also opt for one if you serve a large quantity of media, such as high-resolution images, audio files, and streaming video clips, or you see very high levels of traffic (or perhaps both are applicable). Dedicated hosting also provides the highest level of security and server customization possible. Also see: Colocation.
The availability of a website is measured by the percentage of a year in which the website is publicly accessible and reachable via the Internet. This is different from measuring the uptime of a system. Uptime refers to the system itself being online. Uptime does not take into account being able to reach it as in the event of a network outage. A hosting provider's Service Level Agreement (SLA) may include a certain amount of scheduled downtime per year in order to perform maintenance on the systems. This scheduled downtime is often excluded from the SLA timeframe, and needs to be subtracted from the Total Time when availability is calculated. Depending on the wording of an SLA, if the availability of a system drops below that in the signed SLA, a hosting provider often will provide a partial refund for time lost. How downtime is determined changes from provider to provider, therefore reading the SLA is imperative. Not all providers release uptime statistics. Most hosting providers will guarantee at least 99.9% uptime which will allow for 43m of downtime per month, or 8h 45m of downtime per year.
Examples of other TLD include .uk, .ws, .co.jp, .com.sg, .tv, .edu, .co, .com.my, and .mobi. While most of these TLDs are open for public’s registration, there are strict regulations on certain domain registration. For example the registration of country code top level domains (like .co.uk for United Kingdom) are restricted for the citizens of the corresponding country; and the activities with such domains website are ruled by local regulations and cyber laws.