Domain Name Registrars (what do they own?)

[Jordan]

Suppose I register a domain name, MyDomain.com, through register.com (or any
other of the many domain name registrars).

I own the domain name. The domain name goes into the global DNS database.

As the facilitator in this process, exactly what does the registrar *own*
with respect to my specific domain name and/or the registration process?

Briefly, what role does InterNIC play in all of this?

Thanks

 

[Cowboy \(Gregory A. Beamer\)]

By charter, the registrar simply controls the domain name registration.
InterNIC controls the master domain controllers.

--
Gregory A. Beamer
MVP; MCP: +I, SE, SD, DBA

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[Jordan]

So what constitutes the physical part of "the domain name registration"?
Is it simply that the registrar owns a database that includes my name,
telephone, etc associated with my domain name?

Thanks.