Search found 4 matches

by yanmaani
Wed Feb 26, 2020 7:45 pm
Forum: Project direction
Topic: Pricing things in USD onchain
Replies: 1
Views: 7044

Pricing things in USD onchain

There's some suggestions of making various costs pegged to the Namecoin/USD value, so renewing a domain costs X USD instead of X namecoins. This however presupposes that you know the exchange rate. Mechanisms for this have some issues. To quote a senior developer: IIRC the previous discussions concl...
by yanmaani
Wed Feb 26, 2020 6:23 pm
Forum: Project direction
Topic: Harberger taxation for names
Replies: 2
Views: 3427

Re: Harberger taxation for names

I thought of this. It seems like it's either to allow that problem or to keep the current state of affairs, which is that any halfway decent domain being taken. If the squatters were willing to sell at a fair market price, fine, but often they are not even contactable. Anyway, I can envision two sol...
by yanmaani
Sun Feb 16, 2020 7:01 pm
Forum: Project direction
Topic: An interesting use case for the Namecoin .bit domains
Replies: 7
Views: 6404

Re: An interesting use case for the Namecoin .bit domains

Right now my opinion (and that of several other experts I've talked to) is that the incentive to mine renewals is too low . In particular, the concern is that an attacker (whom we'll call Keith) can pay Eric to refuse to mine renewals for a name owned by a website operator (whom we'll call Julian)....
by yanmaani
Sun Feb 16, 2020 1:25 pm
Forum: Project direction
Topic: Harberger taxation for names
Replies: 2
Views: 3427

Harberger taxation for names

Namecoin presently suffers greatly from squatting; a huge chunk of the top Alexa names are already registered in .bit [1], and generally not by their legitimate owners. Past solutions have generally taken the form of creatively hiking the cost of buying and/or renewing a name, perhaps by pegging it ...