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The last time I suggested domains should be NFT's managed by a DAO i got a boat load of downvotes. But you have to admit, ENS's community governance model is s
by swalsh 5y ago
The last time I suggested domains should be NFT's managed by a DAO i got a boat load of downvotes. But you have to admit, ENS's community governance model is superior to this. Its nice that domain owners have a vote in decision making process, where as here the community has no say at all.
- rvz 5y ago> ENS's community governance model is superior to this. ENS is no different and it is just you registering a .eth subdomain (collides with Ethiopia's three letter reserved TLD) in a decentralised blockchain but is on a centralised root with the key-holders sitting on a DAO. The fact that 'trust' is involved is the vulnerability with these DAOs.