Search found 13 matches

by fresheneesz
Mon Sep 29, 2014 8:16 pm
Forum: Domain Names / Dot-Bit
Topic: Proposal: Domains should be regularly auctioned
Replies: 36
Views: 12764

Re: Proposal: Domains should be regularly auctioned

we have to buy a domain every time a new version comes out That seems problematic. If the network becomes popular, wouldn't that be either a huge disruption or put a large amount of pressure to not release new versions? though it's not simple to program, it's certainly easier than a decentralized a...
by fresheneesz
Mon Sep 29, 2014 5:28 am
Forum: Domain Names / Dot-Bit
Topic: Proposal: Domains should be regularly auctioned
Replies: 36
Views: 12764

Re: Proposal: Domains should be regularly auctioned

You're wrong on all points here. That's not constructive. Reasons please. "I used to support an auction-like system" If there's a floatable fee that can be adjusted to reasonable market values, I agree it goes pretty far toward minimizing squatters to only the most valuable domains. I think a more ...
by fresheneesz
Mon Sep 29, 2014 4:18 am
Forum: Domain Names / Dot-Bit
Topic: Proposal: Domains should be regularly auctioned
Replies: 36
Views: 12764

Re: Proposal: Domains should be regularly auctioned

"You can't know what they are planning, or what they expect" You're telling me any system couldn't know whether or not someone is squatting based on this definition, and you're right. But I was defining squatting, and this is it. That's the definition, regardless of how impossible it might be to re...
by fresheneesz
Tue Sep 23, 2014 11:23 pm
Forum: Domain Names / Dot-Bit
Topic: Proposal: Domains should be regularly auctioned
Replies: 36
Views: 12764

Re: Proposal: Domains should be regularly auctioned

Hoarders = "their intention is presumably to become sellers" Regular buyers = their intention is to become users of the domains they buy, explicitly not sellers More buying = more liquidity More selling does not mean more liquidity. Liquidity is explicitly only about making selling easier. Those who...
by fresheneesz
Tue Sep 23, 2014 8:21 pm
Forum: Domain Names / Dot-Bit
Topic: Proposal: Domains should be regularly auctioned
Replies: 36
Views: 12764

Re: Proposal: Domains should be regularly auctioned

virtual_master - mind linking the old threads you mentioned, if you can find them?
by fresheneesz
Tue Sep 23, 2014 7:51 pm
Forum: Domain Names / Dot-Bit
Topic: Proposal: Domains should be regularly auctioned
Replies: 36
Views: 12764

Re: Proposal: Domains should be regularly auctioned

domain traders are maybe more skeptically about the future potential of a new namespace, which would prevent them maybe from hoarding big amounts. In a system where domains are basically free, even the smallest potential of the system will bring hoarders. And even if it doesn't, when it becomes pop...
by fresheneesz
Tue Sep 23, 2014 8:02 am
Forum: Domain Names / Dot-Bit
Topic: Proposal: Domains should be regularly auctioned
Replies: 36
Views: 12764

Re: Proposal: Domains should be regularly auctioned

Mightbemike, with all due respect, the idea that domain squatters provide any value at all (liquidity or otherwise) is utter bullshit. Its the same kind of bullshit that people who defend high frequency trading go on about. I searched to see whether others have come to the same conclusion and I'm no...
by fresheneesz
Tue Sep 23, 2014 6:14 am
Forum: Domain Names / Dot-Bit
Topic: Proposal: Domains should be regularly auctioned
Replies: 36
Views: 12764

Re: Proposal: Domains should be regularly auctioned

Never heard of bitshares, will have to look into it - looks interesting. How would bitshares "try it out" for us?

"domains are not 'lost forever'"

My mistake.

I definitely like the idea of having both worlds, since each might have their own use cases.
by fresheneesz
Tue Sep 23, 2014 1:17 am
Forum: Domain Names / Dot-Bit
Topic: Proposal: Domains should be regularly auctioned
Replies: 36
Views: 12764

Re: Proposal: Domains should be regularly auctioned

One thing is speaking against this solution: If Namecoin gains a higher value, it would be easily possible that .bit domains are one day even more expensive than ICANN domains. A fixed fee does have that problem. But the auction system I outlined means that fees are based on demand, and therefore a...
by fresheneesz
Mon Sep 22, 2014 11:10 pm
Forum: Domain Names / Dot-Bit
Topic: Proposal: Domains should be regularly auctioned
Replies: 36
Views: 12764

Re: Proposal: Domains should be regularly auctioned

Let me lay out the benefits of my auction proposal. There are some I didn't think of at first: 1. Makes it much more expensive to hoard/squat domains 2. Ensures that domains cannot be lost forever 3. Provides a feedback mechanism to determine the real-value of a domain (even if the domain is not sol...