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It's not totally crazy to think that GoDaddy could unilaterally extend the contract so that a widely used relay service could stay operational.
by ETH_start 4y ago
It's not totally crazy to think that GoDaddy could unilaterally extend the contract so that a widely used relay service could stay operational.
- ethanbond 4y agoYes it is.
- ETH_start 4y agoHuge number of people dependent on service, owner incapacitated, GoDaddy able to prevent disruption to service by simply freezing current settings. Not seeing the "out of this world crazy".
- neoberg 4y ago> owner incapacitated Owner deliberately created a bus factor issue and decided to violate sanctions against North Korea.
- smoldesu 4y agoThe owner went to jail. You think GoDaddy is going to give people a domain in-perpetuity for free? Are you unfamiliar with their business model or something?
- cush 4y agoThe only conceivable reason GoDaddy would entertain the idea is that the gross incompetence and negligence of a single individual has created such an immense liability for millions of users. And single individuals creating immense liabilities for millions of users seems to be par for the course for web3. Really nothing new.
- ETH_start 4y agoSo you agree, not totally crazy.
- cush 4y agoIf that's your conclusion, I'm not surprised you're so invested in these ideas.
- ETH_start 4y agoYou just provided a plausible rationale for Twitter to extend the contract. But I apologize for interrupting your stream of snarky comments with a good faith interpretation And yes, I am invested in the idea of not being dependent on a large corporation to authenticate my identity online, or a large bank to access my money. No surprise many people reject these ideas, given how many people's livelihoods now depend on institutions that are shaped around the existence of centralized points of control. Just remember, the only way crypto/Web3 fails, is if a lot more people are put in prison, like the way the Netherlands put Alexey Pertsev in prison for publishing open source Tornado Cash code. Is that the world you want to live in?
- cush 4y ago> livelihoods depend on... centralized points of control This control they have has nothing to do with centralization or decentralization. They get it through the data-economy we live in - monopolistic companies syphoning petabytes of information about us to build impenetrable moats of data that smaller businesses can't compete with. Currency isn't even on their radar. It's irrelevant. When that cash or coin needs to be transferred into real tangible value, they'll be taking their share, regardless if the system that transaction is running on is an Pentium 3 AMEX COBOL server, or via the mining rig that came out last week consuming the energy from burning a small rainforest.
- maccard 4y agoWhy does this domain get special treatment. If Google forget to register google.com should their registrar renew it out of the good of their hearts?
- ethanbond 4y agoThe owner isn’t incapacitated. He has a lawyer who can decide what happens with the domain! These sorts of disputes happen all the time. They don’t generally resolve with “contractor signs with counterparty’s name on new contracts in perpetuity.”
- smoldesu 4y agoForecast shows a low possibility of hell freezing over this week, I wouldn't get your hopes up.
- desindol 4y agoYeah let’s just throw all ICANN rules.
- sp332 4y agoIt is, because that domain is in demand and it would be unfair to other people who want a chance to get it.
- hyperhopper 4y agoI'd argue nothing about the arbitrarily priced, first come first serve, domain name model is fair at all in the first place.
- scoopertrooper 4y agoWhy would anyone want to prolong the death of web 3? Seems inhumane.
- ohgodplsno 4y agoBut seeing web 3 flop like a fish out of the water is hilarious too, so there's arguments on both sides.
- em_te 4y agoIt's hard for it to die when countries like Venezuela tried to create their own crypto to get around US sanctions on the Venezuelan dollar. And when that failed, Venezuelans switched to Bitcoin because the Bolívar currency was inflating too fast. Next on the crypto train is Sri Lanka. The Sri Lanka government is warning against using crypto, but we'll see if the citizens choose it over their own Rupees.
- scoopertrooper 4y agoI just did a quick calculation. If the Sri Lankans had traded their Rupees for Bitcoin at the peak, they'd be down about 4% less. However, if they had bought USD instead, they'd up 73%! Bitcoin seems like a poor inflation hedge to me. However, it does seem to be working out well for them. Joke is on me, I guess. https://www.aljazeera.com/economy/2022/8/15/sri-lankans-make-crypto-ponzi-scam-claims https://www.aljazeera.com/economy/2022/8/15/sri-lankans-make...
- cush 4y agoA decentralized service, ~propped up~ exposed by a weak single point of failure, with no organization, and a bus-factor of one is doomed to fail. If it wasn't GoDaddy, it would be something else. Just let it die.
- bayindirh 4y agoUh. It doesn't work like that. When it comes to ICANN, rules are rules.
- electroly 4y agoThe ICANN Expired Domain Deletion Policy allows a registrar to renew a registration without any action from the registrant in "extenuating circumstances." If they wanted to, they could maybe do it under this exception, but there's no real reason why GoDaddy would stick their neck out here.
- riffic 4y agoan extenuating circumstance isn't what you think it means here.