The link is not just about the amount, A section, > There are about 152 million domain name registrations .com today so Verisign will make about $82 million more in the next year following the price increase out of thin air. > Verisign will be able to increase the price of .com in the next 3 years as well. > Verisign will suck about $3 billion dollars out of the world economy just by having some powerful friends at I…
Suck it out of the world economy? Does Verisign collect their profits and throw it all in a furnace?
Verisign will increase the .com price from $7.85 to $8.39
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Re: Verisign will increase the .com price from $7.85 to $8.39
#82Can anyone fill me in on what Verisign actually does? It's my understanding that ICANN ensures that the namespace/numerical space infra is secure and stable.
I think that all other registrars have to go through Verisign in order to register sub domains off of com., but there may be other ways. I haven't really kept up with it in the last 20 years.
Re: Verisign will increase the .com price from $7.85 to $8.39
#83Why? Just cause they can? It's not like it costs them that much in maintenance per domain I imagine..
This probably illustrates the community consensus on it going back a couple of years: https://www.google.com/search?q=icann+.com+price+cap
Edit:
Whoops! ICANN haven't altered their price controls for .com recently. Might be getting mixed up with the .org kerfuffle.
In the current .com contract, prices were fixed at $7.85 until 30th November 2018, and are allowed to raise the cost by 7% per year after that, under certain conditions:
"7.3(d)(ii) Registry Operator shall be entitled to increase the Maximum Price during the term of the Agreement due to the imposition of any new Consensus Policy or documented extraordinary expense resulting from an attack or threat of attack on the Security or Stability of the DNS, not to exceed the smaller of the preceding year's Maximum Price or the highest price charged during the preceding year, multiplied by 1.07."
https://www.icann.org/en/registry-agreements/com/com-registr...
Re: Verisign will increase the .com price from $7.85 to $8.39
#84Re: Verisign will increase the .com price from $7.85 to $8.39
#85Only upvoting this for visibility. This decision hurts the consumer/registrant in the end, making future registrations and renewal costs less accessible to a lot of markets. For clarity, this $8.39 amount will become the wholesale cost to the registrar — we of course need to markup on top of that to cover our processing costs, overhead to offer great support, mitigate abuse, etc. Registrars do the heavy lifting in de…
> we of course need to markup on top of that to cover our processing costs, overhead to offer great support, mitigate abuse, etc Why "of course"? Cloudflare is able to provide domains transfers and renewals at wholesale rates.
Re: Verisign will increase the .com price from $7.85 to $8.39
#86Re: Verisign will increase the .com price from $7.85 to $8.39
#87A.ROOT-SERVERS.NET J.ROOT-SERVERS.NET
That means Verisign controls 15% of the global roots while everyone else holds a meager 7%. IANA got the optics on this one all sorts of messed up.
Re: Verisign will increase the .com price from $7.85 to $8.39
#88This is an article from February. Why is it posted now?
Re: Verisign will increase the .com price from $7.85 to $8.39
#89Re: Verisign will increase the .com price from $7.85 to $8.39
#90Earlier quoted context omitted.
In that case it’s subsidized by their other offerings.
How can you infer that? I can see how you could infer it if they were selling them at a loss, but not from selling them without profit.