An important function of domain names is to provide easily recognizable and memorizable names to numerically addressed Internet resources. This abstraction allows any resource to be moved to a different physical location in the address topology of the network, globally or locally in an intranet. Such a move usually requires changing the IP address of a resource and the corresponding translation of this IP address to and from its domain name.

Website hosting is typically measured in the amount of disk space you're allotted on the server and the amount of data transfer or "bandwidth" you need for accessing the server. For example, if you have a lot of customer interaction at your website, such as files to download, you will access the server frequently and you'll need more Web hosting transfer space than someone who simply puts readable text on their website. The more "items" or "content" you have on your site (i.e., photos, maps, PDF files, etc.), the more disk space you'll need for website hosting.
Domain names are often seen in analogy to real estate in that domain names are foundations on which a website can be built, and the highest quality domain names, like sought-after real estate, tend to carry significant value, usually due to their online brand-building potential, use in advertising, search engine optimization, and many other criteria.
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Fatcow's network-attached storage also enables any machine to access customer data. Each machine is clustered with another identical machine that will seamlessly take over if the primary unit crashes, ensuring customer data is always safe and secure. Additionally, these units are also backed by another set of storage units that include a mirror copy of the data in case of disk failure in the primary units.

Second-level (or lower-level, depending on the established parent hierarchy) domain names are often created based on the name of a company (e.g., bbc.co.uk), product or service (e.g. hotmail.com). Below these levels, the next domain name component has been used to designate a particular host server. Therefore, ftp.example.com might be an FTP server, www.example.com would be a World Wide Web server, and mail.example.com could be an email server, each intended to perform only the implied function. Modern technology allows multiple physical servers with either different (cf. load balancing) or even identical addresses (cf. anycast) to serve a single hostname or domain name, or multiple domain names to be served by a single computer. The latter is very popular in Web hosting service centers, where service providers host the websites of many organizations on just a few servers.
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 have purchased domain names that you no longer need, you can sell them through Namecheap. When you are ready to sell, you can list your domain in our Marketplace for a fixed price. We will add your domains to our searchable list, visited by thousands of people every day. When you buy domain names from Namecheap, we guarantee the best available support from managing, to selling, to renewals.
Our Web hosting packages come in a variety of disk space and monthly data transfer sizes, and we'll help you choose the package that's right for you. If you find you need more website hosting capacity than you initially purchased, you can increase your quantities by upgrading at anytime. For advanced technical users who need additional capabilities beyond this, we offer Virtual Private Servers for greater storage space and more control.

During the 32nd International Public ICANN Meeting in Paris in 2008,[10] ICANN started a new process of TLD naming policy to take a "significant step forward on the introduction of new generic top-level domains." This program envisions the availability of many new or already proposed domains, as well as a new application and implementation process.[11] Observers believed that the new rules could result in hundreds of new top-level domains to be registered.[12] In 2012, the program commenced, and received 1930 applications.[13] By 2016, the milestone of 1000 live gTLD was reached.
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