3 ms·

How does the name get reclaimed when you lose the key or die? Do we just accept that it's possible for domain names to be forever unusable?

• imiric 6y ago
  That's a fair point, and I don't have an answer. Presumably there would be enough TLDs to ensure a unique name is not as important, as it's just a short label anyway. Maybe there could be an expiration or some kind of override mechanism built into the protocol, though I'm not familiar with NFTs to know if this is feasible. I'm not saying there wouldn't be challenges with this approach, but it seems worth a try if it means replacing an outdated and vulnerable system.
  • intotheabyss 6y ago
    The ENS (Ethereum Name Service) technically loans out the domain names and they are put up again on the market if the owner of the domain doesn't renew it before expiry.
    • ziml77 6y ago
      That sounds like a reasonable way to handle it.