I have paid hundreds of dollars to basically lease or rent the right to use a domain name. It seems to me that this entire market could be disrupted by a decentralized public blockchain and a browser plugin. Maybe I am missing what value DNS registration companies provide other than an another invoice being sent to me every two years.
Is anyone currently working on something along these lines?
I think that's kinda where the handshake network is at. Something something crypto domains. Instead of a plugin, though, you just use a different DNS server.
Yeah... this concept keeps coming up, so maybe there's some demand there. It's hard to see what problem it really solves though -- especially vs the problems it creates.
If you are making a website and want to attract users...why would you force users to download a plugin and lose 99% of your potential users. Better to pay the $10.
If you are making a website and don't want to attract users...why would you want a popular name?
If you want a solid base of users in a different ecosystem and don't want to pay the fee...why not make a Facebook page?
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