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Domain name and hosting nexus
It is a very common phenomenon for newbies, wannabe website designers or bloggers to get confused between a domain name with a web hosting.

However, it is very important to know the differences between the two before you move on to your first website.

Domain name And Web Hosting Explained
To simplify: A domain name, is like the address of your home; web hosting on the other hand, is the space of your house where you place your furniture.
Instead of street name and area code, set of words or/and numbers are used for the website’s naming’.

The same goes with hosting, computer hard disk and computer memory are used instead of instead of wood and steel for storing and processing data files. The idea is presented clearer with the diagram below.

What’s A Domain Name
When you register a domain, it gives you sole ownership and rights to the name of your site. No one else in the market has the access to the actual name of that particular domain besides you.

However, just because you have a domain does not mean that you are ready to serve your website to the world. To put up and operate a website, you will need a domain name, and a proper-configured web server (hosting).

Details on domain name and DNS system were explained explained earlier here. you just have to be clear that (1) a domain name is like your house address; and, (2) a domain name can be registered only with a domain registrar.

What’s A Web Hosting
A web hosting normally refers to the web server (big computer) that stores lots of data files).
A web hosting providers normally rent out web servers and network connection to the end-users or the resellers. For most cases, the hosting providers will be the parties handling most server maintenance work (such as backup, root configuration, maintenance, disaster recoveries, etc); but for certain cases, the end users will need to get everything cover by themselves.

In essence, having a car without fuel is useless (domain name), having a fuel without what to burn it too is useless (hosting service), if u have a domain name, and hosting service, there is nothing that can stop you from having your name online, if everything should go under normal circumstance.
Dont make mistake of having a domain name without an hosting service, unless you want to use free hosting service or blogger which was explained here 

Conclusively, don't plan to have a fuel without a car or have car without means of fueling
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