Hacker News Board Hacker News, browsed like a classic message board
Live data from Hacker News

ICANN Allows .COM Price Increases, Gets More Money

namecheap.com

Post reply on HN
Print view View original

91–100 of 132 posts

Re: ICANN Allows .COM Price Increases, Gets More Money

#91

Post by jonas21 »

konschubert wrote: post #32
TomGullen wrote: post #28

Earlier quoted context omitted.

Dollars gotten cheaper over the years, I wonder what the price would be today if .coms increased with inflation. > meaning that within 10 years, .COM domains could cost approximately 70% more than the current wholesale price of $7.85 Seems reasonable over 10y period?

No, inflation isn't 5% a year in consumer prices.

The current price cap has been in place since 2012, so prices will increase by 70% over the 19 year period from 2012 to 2031.

That works out to roughly 2.9% per year, which is a bit above the current US overall inflation rate of 2.3%, but less than the US housing inflation rate of 3.2% [1]. I don't have an opinion on whether domain prices should increase with inflation, but the increase does seem to be in line with it.

[1] https://www.bls.gov/news.release/cpi.nr0.htm

Re: ICANN Allows .COM Price Increases, Gets More Money

#93

Post by rasengan »

ohazi wrote: post #60
ohazi wrote: post #57

This is not going to end. ICANN has revealed their hand -- they are corrupt. But we don't actually need them. What we do need is a "Let's Encrypt" style initiative to replace the DNS roots in their entirety, run by competent, principled people. It would be difficult, but the people who are pissed off about this have clout at Google, Microsoft, and Mozilla (the web browser gatekeepers) and might actually be able to pu…

To be clear, I don't think it will come to this. But right now, ICANN believes that they can get away with anything, and have started to act on that belief. We should begin the process of scaring them back on track. Start brainstorming. Start writing IETF proposals that prominently feature removing ICANN from the loop. Come up with ideas for migrating current domain owners to the new system. Build prototypes. Start p…

Handshake [1] migrates current stakeholders to a new decentralized root owned by the commons and works within existing protocol standards.

[1] https://www.handshake.org

Re: ICANN Allows .COM Price Increases, Gets More Money

#94

Post by whoopdedo »

ohazi wrote: post #57

This is not going to end. ICANN has revealed their hand -- they are corrupt. But we don't actually need them. What we do need is a "Let's Encrypt" style initiative to replace the DNS roots in their entirety, run by competent, principled people. It would be difficult, but the people who are pissed off about this have clout at Google, Microsoft, and Mozilla (the web browser gatekeepers) and might actually be able to pu…

The problem with alternate roots is they usually abandon traditional domains. A solution to this problem must include some way to bring the existing .COM, .ORG and .NET databases into the new root or else existing domain owners will look at the cost of migrating the brand they've spent years building and instead decide to just pay the ICANN tax.

Re: ICANN Allows .COM Price Increases, Gets More Money

#95

Post by troquerre »

ObsoleteNerd wrote: post #47

Is there a TLD/gTLD that isn't run by people intent on profiteering and corruption? Even if everyone were to abandon .com/net/etc, and moved to .whatever, you're still supporting ICANN through IANA, no? So basically we have no choice but to support them, or revert to sharing IP addresses?

There are well-funded projects working on creating a better alternative to ICANN, namely https://handshake.org which is creating a distributed alternative root zone. The main benefit is security (the root of trust is a distributed ledger instead of Certificate Authorities which are a huge security hole), but there are additional benefits in that anyone can register their own TLD privately without risk of that TLD being seized or censored.

Re: ICANN Allows .COM Price Increases, Gets More Money

#96

Post by gowld »

KerrickStaley wrote: post #58

I sent this email to comments-com-amendment-3-03jan20@icann.org. Feel free to borrow/edit it: I oppose Amendment 3 to the .COM Registry Agreement. I believe that allowing wholesale prices for .com domains to rise 72% over 12 years, which is far more than the rate of inflation and also far more than Verisign's underlying costs of maintaining the registry could possibly increase by, will dramatically hurt the internet…

Write to your government, not ICANNN.

ICANN is accountable to no one, except the US government where their offices sit.

https://en.wikipedia.org/wiki/ICANN#Democratic_input

Re: ICANN Allows .COM Price Increases, Gets More Money

#97

Post by gowld »

jonas21 wrote: post #91
konschubert wrote: post #32

Earlier quoted context omitted.

No, inflation isn't 5% a year in consumer prices.

The current price cap has been in place since 2012, so prices will increase by 70% over the 19 year period from 2012 to 2031. That works out to roughly 2.9% per year, which is a bit above the current US overall inflation rate of 2.3%, but less than the US housing inflation rate of 3.2% [1]. I don't have an opinion on whether domain prices should increase with inflation, but the increase does seem to be in line with i…

The cost to provide a domain name drops dramatically every year, like everything else in computing.

Re: ICANN Allows .COM Price Increases, Gets More Money

#98

Post by tetrisgm »

We've moved from a market where people would be able to just pick a name for something, to one where most names are taken.

Essentially, good .com names are now like prime real estate. Search engines and browsers have done a bad job at making other TLDs as accessible, so there's a natural bias towards them.

If domains are like land, I wonder why the market hasn't moved from a parking system where domains are resold at a premium, to a leasing system?

Re: ICANN Allows .COM Price Increases, Gets More Money

#99

Post by anfilt »

pmart123 wrote: post #85
anfilt wrote: post #7

Earlier quoted context omitted.

If anything costs should have gone down. Bandwidth is cheaper, and processing power has gone up. However, even with that DNS has been pretty distributed by design. Lowering system load at the top level to begin with. Like some country code domains are managed by a pretty small number people to begin with. So it's not like you need a large amount of staff either.

From a technical standpoint, what would the risk be if Verisign screwed up? If they could only afford low rate engineers, would the risk go up significantly?

That depends on the failure. Plus what recovery methods, redundancy, and backups they have. However, even at current prices verasign should have no problem paying decent engineers. Especially considering the number of registrations.

However, the distributed nature dns does protect against a lot blunders unless they persist for long enough for caches to invalidate.

The largest concern would be bad backups of registration records. However, last I checked ICANN requires tld operators to keep backups and also submit those backups daily to ICANN. Plus other things so if the company/org goes belly up for some reason ICANN can manage it till they find someone else.

Re: ICANN Allows .COM Price Increases, Gets More Money

#100

Post by IceWreck »

mdorazio wrote: post #87
giovannibonetti wrote: post #68

Bear with me for a moment: I firmly believe that in order for good .com domains to be available for a smaller price the registry fee should be far higher. The reason for that is speculation: even though a .com registration is dirty cheap, getting a decent .com domain is very expensive because for many companies it is worth it to keep the domains parked, and when someone wants to buy one of them it gets very expensive…

Thank you for saying this. I think a lot of people probably haven't felt the pain of actually acquiring a trademark and branded domain these days. My personal opinion is that .com domains should be a minimum $100 per year. At this price point the number of available domains would skyrocket effectively overnight as it became untenable for squatters to hold on to them. If you can't afford $100/year for a domain to be u…

Youre thinking about yourself. Students etc who have .com domains cant afford $100 a year for their domain? Should they be forced to give up their domains because people like you couldnt get their chosen domains from squatters/
Post reply on HN