That would solve the problem of losing DNS records. What do you do when you lose access to the domain name in the first place?
Of course, if the registry (i.e. the TLD) wants your domain gone, you are out of luck whatever you do. If this is a concern then you should pick a TLD with what you consider reasonable management. There are a lot of ccTLDs and gTLDs to choose from.
Therefore, what you absolutely shouldn’t do is to pick whatever domain registrar is either cheapest or largest, and pick whatever domain name which happens to look cool and be available. Both are recipies for potential disaster.
[1]: https://ens.domains/