Post
Topic
Board Economics
Re: The economics of generalized bitcoin
by
Judson
on 09/12/2010, 16:10:55 UTC
Heck, the guy from The Pirate Bay is making his own distributed DNS.

It's important to understand a distinction here. They are making a distributed Domain Name Service, but are planning to depend on a centralized Domain Name Registration Service.

Bitcoin provides a great way to do a decentralized Domain Name Registration Service which would be a great match for their distributed DNS.

Didn't realize that they weren't doing distributed registration. And bitdns only does Domain Name Registration?

The truth, probably, is that bitdns will never be anything big.

And why do you think that is?
Quote
Heck, the guy from The Pirate Bay is making his own distributed DNS.

I started the bounty pledge drive precisely because I didn't like what the The Pirate Bay is doing.

Because there are 200 million domain names that use the other service and have no reason to "mine" for domains when they can just buy one. You can't be suggesting that even if BitDNS was integrated, it would be more than a niche.