4 ms·
Oh; you are right I obviously missed the crux of the proposal. However, I still think the proposal is flawed but for a different reason. How do you determine
by eof 13y ago
Oh; you are right I obviously missed the crux of the proposal.
However, I still think the proposal is flawed but for a different reason.
How do you determine who owns the .com domain? When a domain is seized by the government does the com/piratebay domain respect the blockchain or the centralized DNS now updated signtaure? If it's the latter.. what's the point of using the blockchain version at all?
- itistoday2 13y agoHow do you determine who owns the .com domain? When a domain is seized by the government does the com/piratebay domain respect the blockchain or the centralized DNS now updated signtaure? If it's the latter.. what's the point of using the blockchain version at all? Expiry dates would be set to match those from today's DNS entries, so that addresses new owners. As far as domain-seizures go, first it should be emphasized that this issue affects probably less than 1% of 1% of internet domains. However, to answer the question: if the domain was stolen from its owners prior to the expiry date, I personally see no reason to change the entry contents in the blockchain to match that of the stolen property. They can wait for it to expire and then register it like everyone else. :-p Meanwhile, I doubt the piratebay would be using the .com (and we know that they can't today). They'd be using the .bit (or whatever else), because they'd be protected from such theft. ^_^
- dangero 13y agoGood point. The entire value of NMC blockchain is to remove reliance on the current DNS system which this would kind of nullify. Another related topic is that a judges ruling is meaningless in regards to NMC, so for example, if someone were to steal google.com by stealing the private key, google.com would have no recourse besides paying a ransom. They cannot get a judge to force the address to be given back. Their domain name would be hijacked forever. In the case of bitcoin, it's great that you can't revert a transaction. In the case of domains on NMC blockchain, I'm not so sure.