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Profit is reward for taking a risk. Don't like that a .com costs more? Use another TLD.
by theandrewbailey 5y ago
Profit is reward for taking a risk. Don't like that a .com costs more? Use another TLD.
- heartbeats 5y agoWhat risk did Verisign take, and how would the Internet change if they weren't rewarded for it?
- makotech222 5y agoSure, its very risky to build an oil well. I'm sure Exxon is really sweating over their new arctic drilling platforms. Profit is the money that an owner of private property demands from those he rents it to.
- trafalgarcircle 5y agoVerisign did not take a risk by developing the dns system - network solutions did that. Verisign maintains a perfect monopoly over the addition of records to a central database, with minimal operational costs. Their business is almost pure profit by operating a mandatory service with highly inflexible demand. If they were forced to compete on providing access to a core internet infrastructure (e.g. allow competitors to also add records to the .com registry) the price would lower to the actual cost of providing the service, which for an update/add query, I suspect would be in the pennies.
- gumby 5y agoNetwork solutions did not develop the DNS either.