In the internet, a person who owns domain names is a licensed one or who is shown as the domain name registrant on the whois database of the registrar. Speaking of the domain name registrars, it is interesting to know that they are authorized by the International Corporation for Assigned Names and Numbers or ICANN to issue domain names to the public. However, many of the people today are still not aware of the nature of domain name extension and its types especially those who haven't heard anything about domain names. For such matter, it is indeed a nice idea to present some of the facts about the domain name extension and its types for the people to know what a domain name extension is and how it functions in the world of the internet. net are intended for network services such as ISPs and the .org is for non-profit organizations. These mentioned domain name extensions belong on the international front and these domain name extensions are the common in such field. In terms of a country by country basis, the common domain name extensions are based on the two-character ISO country codes and this is for the main reason that many countries offered these kinds of domain name extensions. But aside from such mentioned domain name suffixes, here comes another domain name suffixes which are also of great use, and these are the .museum for use by museums; .name for use by individuals; .net for networks and which is typically reserved for organizations like the internet service providers; . So as result, it is therefore important that the domain name must have matching IP address for it to function correctly. This is also one of the best explanations that show how the domain name and IP address are connected. This explanation alone led to the association between the two and thus being identified as a domain name IP address. In here, you are applying a third party that will fundamentally cling to the buyer's payment while the dealing is absolutely done. As such, both the side of the buyer and the seller is protected. However, one of the bad impressions for the escrow service to sell a domain name is that you are putting another step to the process involves in the desire to sell a domain name, and another expense.