Post
Topic
Board Bitcoin Discussion
Re: BitDNS and Generalizing Bitcoin
by
kiba
on 06/01/2011, 23:10:33 UTC

The problem with 'domain name coin' is that it doesn't make economic sense. There should be no 'restriction of supply' of domain names. The cost of a domain name should be directly related to the network cost in supporting that domain.  Transaction fees make much more economic scene than a new 'domain coin' as the network compensation mechanism.

We're going around in circles. All this arguments had been exhausted and now we're just repeating them ad nauseum.

Still, the correct protocol that been derived by argumentation is meaningless without an execution to work with.