5 ms·

> Don't I still need to wait 5 days to do something that I can do today in less than an hour? It takes months to years to get a tld today with a 185k deposit a

• danShumway 7y ago
  Sure, but owning my own TLD is the only value proposition I see in Handshake. If only big companies can register TLDs, and if I end up renting subdomains from another registrar, what is the benefit to me that the TLD system is decentralized? I can already rent `.com` subdomains today, and they have price caps. The worst case scenario for a `.com` domain right now is that the current ICANN proposal goes through and the cost jumps up to maybe $20 a year. That's nothing compared to the rent-seeking that can happen on a purely privatized TLD with no oversight. As a user, buying a subdomain controlled by a single source is not decentralization. I'll still have a single company that can do anything it wants to my domain, and by extension, anything it wants to my online identity. It'll still be trivial for governments to pressure that company into transferring my domain. I won't get to manage my own keys or set up my own security. I won't be able to renew the domain for free. Unless I'm missing something really big, the only benefit I see from Handshake is democratizing TLDs for ordinary, everyday people.