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What would solve the constant fear of losing important domains is making domains NFTs on the Ethereum blockchain. This would make the situation better in two w
by ArtTimeInvestor 6y ago
What would solve the constant fear of losing important domains is making domains NFTs on the Ethereum blockchain.
This would make the situation better in two ways:
1: A normal domain move can only happen when the domain owner signs the transaction. If the domain owner claims to have lost their key, this would raise a red flag and result in an in-depth analysis which the domain owner has to pay.
2: The movement of the domain would be announced on the block chain. So in case the in-depth analysis has been tricked by an attacker, the righteous owner would be alarmed immediately. For this they would use some service that monitors the blockchain for them. They could then reverse the transaction with their key.
- michaelsbradley 6y agohttps://app.ens.domains/ https://app.ens.domains/
- martin_a 6y agoNo need for some fancy blockchain technology here. You can't move most domains without written consent of the domain owner and you'll have to properly identify yourself before requesting that. In the end it's about how the registrar handles those things.
- ArtTimeInvestor 6y agoDefine "move" here. I move domains between registrars every now and then and I never have written anything on paper to do so.
- martin_a 6y agoIf I want to move .de domains from one hoster to another, I'll need authentication codes and alike for that. This process has been automated and digitalized but the current domain owner has to explicitly acknowledge and allow the transfer. This is how DENIC handles those things at least.
- knorker 6y agoNo, this is just yet another thing that "the blockchain" does not solve. I actually can't tell if you're being serious, or if this is satire about the fact that people think "the blockchain" can just be sprinkled and solve any problem.
- javert 6y agoAbsolutely right. I'd certainly pay for this service. Imagine domain names actually being secure, like bitcoin is secure. I've posted this idea here before and also got shat on and downvoted to oblivion.