3 ms·

Why would you build value into something that can be so arbitrarily changed though? Let's say I build my company "beyondfoobar" to the #1 company on the planet,

Why would you build value into something that can be so arbitrarily changed though? Let's say I build my company "beyondfoobar" to the #1 company on the planet, and therefor make my website beyondfoobar.dev extremely valuable. Why would I trust that Google won't jack the rates on that domain since it's now premium? Like it's said above Google has demonstrated that they deserve zero trust, and when building value into a domain you have registered, you kind of want to trust the registrar and tld owner. My company publishes our phone number, and we don't have to worry about how much we pay for our phone number each year based on 'popularity' metrics. We expect the same for our domain name.

lupire 4y ago
You can buy an IP address and keep it forever.
- hejaodbsidndbd 4y ago
t-writescode 4y ago
Verisign is entirely able to change the price of .com domains if they want, as far as I understand it.
- mikea1 4y ago
  They just did. Due to their contract with ICANN, it is a political, negotiated process. The newer gTLD registries have a freer hand. Edit: "contact" to "contract"
  - t-writescode 4y ago
    > Due to their contact with ICANN All registries operate with ICANN. It's probably more due to their age and the contracts they have with ICANN given that age and ubiquity. edit: nit: all registries that operate within the shared DNS the majority of the internet operates under
    - mikea1 4y ago
      My bad, I had a critical typo. I was referring to the special contract that Verisign has with ICANN to manage .com [0] [0] https://www.icann.org/en/blogs/details/icann-decides-on-com-amendment-and-proposed-binding-letter-of-intent-between-icann-and-verisign-27-3-2020-en https://www.icann.org/en/blogs/details/icann-decides-on-com-...
      - t-writescode 4y ago
        Sharing a part of that post so others don't have to look it up: > We have long-deferred to the U.S. Government Department of Commerce (DOC) and Department of Justice for the regulation of pricing for .COM registry services, as per the Cooperative Agreement between Verisign and the DOC. That hasn't changed. Verisign continues to be required to provide at least six months' notice to registrars of any .COM wholesale price increase. This allows registrars, on behalf of registrant customers, to register or renew .COM domain names during the notice period for up to a 10-year total registration term, at the then-current price, prior to any increase. This allows the ability to lock-in current wholesale prices for up to 10 years. It looks like there's a couple things going on here. The US DOC and Verisign decide the price; and they have to give 6 months warning. I don't think I saw anything stopping them from raising it to $30 next year, outside of inertia and the US Govn't (who really-really owns .com, iirc) saying otherwise. edit: ... or .... the US Govn't has authority over .com? Or ... something, I don't think I ever knew / understood the details there.

lupire 4y ago

You can buy an IP address and keep it forever.

hejaodbsidndbd 4y ago

t-writescode 4y ago

Verisign is entirely able to change the price of .com domains if they want, as far as I understand it.

mikea1 4y ago
They just did. Due to their contract with ICANN, it is a political, negotiated process. The newer gTLD registries have a freer hand. Edit: "contact" to "contract"
- t-writescode 4y ago
  > Due to their contact with ICANN All registries operate with ICANN. It's probably more due to their age and the contracts they have with ICANN given that age and ubiquity. edit: nit: all registries that operate within the shared DNS the majority of the internet operates under
  - mikea1 4y ago
    My bad, I had a critical typo. I was referring to the special contract that Verisign has with ICANN to manage .com [0] [0] https://www.icann.org/en/blogs/details/icann-decides-on-com-amendment-and-proposed-binding-letter-of-intent-between-icann-and-verisign-27-3-2020-en https://www.icann.org/en/blogs/details/icann-decides-on-com-...
    - t-writescode 4y ago
      Sharing a part of that post so others don't have to look it up: > We have long-deferred to the U.S. Government Department of Commerce (DOC) and Department of Justice for the regulation of pricing for .COM registry services, as per the Cooperative Agreement between Verisign and the DOC. That hasn't changed. Verisign continues to be required to provide at least six months' notice to registrars of any .COM wholesale price increase. This allows registrars, on behalf of registrant customers, to register or renew .COM domain names during the notice period for up to a 10-year total registration term, at the then-current price, prior to any increase. This allows the ability to lock-in current wholesale prices for up to 10 years. It looks like there's a couple things going on here. The US DOC and Verisign decide the price; and they have to give 6 months warning. I don't think I saw anything stopping them from raising it to $30 next year, outside of inertia and the US Govn't (who really-really owns .com, iirc) saying otherwise. edit: ... or .... the US Govn't has authority over .com? Or ... something, I don't think I ever knew / understood the details there.