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Earlier quoted context omitted.
That is the stupidest idea ever. If i have a domain name and if somebody rich wants it, it can take over next year. It hijacking.
How about if that additional revenue from the sale goes to you?
Edit: Actually I missed the part about paying a percentage of the top bid.
[1] confession d'un voleur (confession of a thief) : http://www.confessions-voleur.net/confessions/ (in French)
Earlier quoted context omitted.
That is the stupidest idea ever. If i have a domain name and if somebody rich wants it, it can take over next year. It hijacking.
How about if that additional revenue from the sale goes to you?
Distributed DNS like service would solve most of the problems. Something similar to DHT for DNS.
Who resolves disputes in a distributed DNS system? Is it just a race for land, first who plants a flag gets it? The internet's domain registry does absolutely need management. It just needs management which is unbiased and competent.
All we really need is a canonical identity that doesn't change when IP addresses change. It could just as well be a random string.
I don't claim to know what the fair price for the .com registry. I will say this though the hosting isn't free. There are millions of requests per second across all networks from all across the world. They must respond with low latency. The major registries are nearly always under DDoS attack. There is a reason verisign has some of the best DDoS protection. All the data centers across the world, the network connectiv…
Earlier quoted context omitted.
The solution to this should be simple. Every n years, domains are put up for auction. To keep the domain, the original owner must pay x% of the top bid, otherwise the top bidder acquires the domain for his bid price, maybe add a year or two of grace period so the original owner can migrate.
Wait.. so I am Ford the car company and I own ford.com. A competitor (Kia?) could bid 100 million dollars for ford.com, and I would have to pay 10 million dollars to keep my own domain? Not sure this is great.. I could see non-profits losing their domains to porn sites.
Whenever I want a domain, most of the ones I want are taken. Not by people who are making use of it, but by people who are squatting in hopes of extorting anyone who would actually use the domain to produce value.
I'd actually be happy if Verisign or any other private company or any government extracted such an unfair price for useful domains because it would free up so many more useful domains for use.
Edit: I'd love to hear good arguments against this, I'm partly throwing this out there to see others thoughts.