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Something something blockchain! I believe for "real" ownership of domain names, a blockchain would actually make sense.
by tasuki 4y ago
Something something blockchain! I believe for "real" ownership of domain names, a blockchain would actually make sense.
- iLoveOncall 4y agoHow would the blockchain saying that you "own" a domain make you own it more than currently? It is impossible for the blockchain to prove anything about anything that originates from outside of that particular blockchain. This is the reason why wanting to apply blockchain to everything such as land ownership is laughable and shows how little blockchain fanatics understand about the very technology they praise.
- buro9 4y agoWhen you accidentally lose it (by losing your private keys), it will be impossible for anyone else to get it back for you. In a sense, this will prove to you that you did really own it and no-one else did.
- ant6n 4y agoIt sounds like I don't own the domain, but whoever has the Keys does. Imagine somebody suddenly "owns" my house because they pickpocketed my house keys, without any recurse. Then I really don't own the house, do I.
- seanw444 4y agoIt's the closest concept we have to physical ownership in the digital realm.
- GTP 4y agoBut IMHO this is an unwanted effect that we should avoid
- gbalduzzi 4y ago> It is impossible for the blockchain to prove anything about anything that originates from outside of that particular blockchain True, but instead of having to trust a central authority for insertion, updating, removal and constant maintenance of your "ownership", the trust would only be required for insertion. Once you purchased a domain and it's inserted in the blockchain, no one (outside of yourself) should be able to revoke, change or question your ownership of the domain itself. Honestly it would be a pretty good use case for a blockchain, but it lacks a money incentive for any part involved so it will probably never happen
- anonymous_sorry 4y agoIf you were an important, powerful or influential organisation, you could just get DNS servers, OSes and/or browsers to special-case a domain rather than refer to the blockchain. Unless you have a legal authority enforcing the rule that "what the blockchain says, goes".
- GTP 4y agoWould this also handle domain expiry in some way?
- corobo 4y agoSo what happens when Microsoft disagrees that I own Microsoft.block? E: Honest question, comes off as snark a little - would they be able to just take it somehow or would they need to use jailtime and or broken kneecaps to get it off you? Either way the blockchain's concept of ownership seems like it would be broken easily by law and companies with lots of money
- anonymous_sorry 4y agoThey hardcode their IP into IE/Edge and Windows as the host for that domain, ignoring what the blockchain says. Or more likely, in partnership with other big tech with similar concerns, they develop an infrastructure that permits blocking/revoking/overriding specific domains, that most clients would refer to in preference to the blockchain. This would be fairly easy to justify on grounds of security and crime. Or they just don't support the blockchain stuff in the first place, because the current system mostly works and provides a legal process for disputes which they are content with.
- tasuki 4y ago> How would the blockchain saying that you "own" a domain make you own it more than currently? There would have to be consensus that the particular blockchain is the source of truth for who owns which domain. > It is impossible for the blockchain to prove anything about anything that originates from outside of that particular blockchain. Yes, and this is something that wouldn't be necessary with blockchain-based domain names. It would not need to know about anything that originates from the outside. > This is the reason why wanting to apply blockchain to everything such as land ownership is laughable and shows how little blockchain fanatics understand about the very technology they praise. I'm far from a blockchain fanatic and using blockchain for land ownership is obviously laughable to me.
- anunay03 4y agoThere are already projects like Handshake, ENS, Unstoppable domains that try to do this. Honestly I like the need for renewal fees for domains personally, since it means you can't just buy a domain once and squat on it forever.
- justsomeguy123 4y agoMaybe renewal makes sense to prevent squatting but the question remains: who receives the money paid?? If the money were to be used to secure the network somehow, it would make sense. If the money just goes to the creators... it was all just a money grab.
- anunay03 4y agoI am unsure about the speicfics but Handshake appears to burn the money paid. So that's fine. However most of the potential token supply (like 50%) was premined/airdropped to ssh keys of Github users with >15 followers.
- dingleberry420 4y agoExcept that the money in this case is actually electricity and all you're doing is advancing global warming.
- qweqwerwerwerwr 4y ago
- justsomeguy123 4y ago> Handshake appears to burn the money paid. So that's fine. That's not necessarily fine if the fee is in custom tokens. By burning they are just reducing supply, locking in the amount paid and increasing the value of their huge holding. It's pretty terrible.
- 4y ago
- easytiger 4y agoNo. It doesn't.
- GTP 4y agoWhy? Consider the scenario of a domain name owner dying and his relatives not caring/not knowing he/she owned a domain. With the current system the domain will be eventually available again. What alternative to you suggest?
- marginalia_nu 4y agoHow does a blockchain change this in any meaningful way?
- GTP 4y agoI don't know how people that suggest using a blockchain would design or already designed the whole system, but maybe you know. If the owner looses access to it's private key is there any way to transfer or expire the domain? If not, you end up having domains that nobody can use.
- marginalia_nu 4y agoYeah, that's sort of my point. Blockchains make things more rigid when dealing with these types of cases. With a central authority, you can appeal to the humans that run it, you can take them to court if need be.
- GTP 4y agoYes sorry, I totally agree. I realized just now that I got confused with indentation and assumed that the comment I was originally replying to was saying that it doesn't make sense to pay a recurrent fee for a domain. While instead he was saying that it doesn't make sense to use a blockchain, and I agree on this. Unfortunately seems that I can't edit my original comment to fix the misunderstanding.
- lern_too_spel 4y agoThis doesn't require blockchain. The registrar could charge you a one time fee to buy the domain forever if ICANN allowed it. It doesn't. Permissionless blockchains are especially ill-suited for this purpose because KYC for domain names is a thing.
- tasuki 4y agoWell then you're still relying on the registrar, on ICANN, and your local legal system. But also, yes: with a blockchain, you're still relying on the blockchain, which can be attacked. There are no 100% solutions for virtual goods ownership :)
- lern_too_spel 4y agoWith a Blockchain, you're still relying on your legal system and the people running the nodes. The Blockchain doesn't make the law go away.