Post
Topic
Board Bitcoin Discussion
Re: .BITCOIN waiting for INAIC approval?
by
chrocht
on 02/03/2014, 02:17:23 UTC
The site you registered with is not correct for a REAL top level domain.

The real ones had a round of applications which ended in the last year. Those applications cost $185,000 and auctions for conflicting domains.

Real TLD applications are only performed through http://icann.org

For all the real details check out http://newgtlds.icann.org/en/

I spent 14 years in the domain name industry.

Thanks for warning. I'm new in domain name industry and I see it needs some changes.
Who will pay $185,000 for 7-letters TLD domain? It's just crazy. What is real benefit for average domain holder? You save few letters when you type URL?

I know that tld.name use alternative public-root DNS. But It seems to be better choice for Bitcoin than over-regulated ICANN.
Maybe it is just scam, everything is possible - but their terms of service seem reasonable and I have no reason to trust them less than you. Your nick doesn't help either :-)

Let's see which DNS system will be "real" in few years. I know it's risky investment but It is probably not good idea to wait for bitcoin TLD domain to be approved by some over-regulated corporation. I tried to find some useful infomation on ICANN website but it seems that they have more board members than root DNS servers.

Even if tld.name and whole Public-Root DNS is pure scam I will not lose more than people who had more than about 1.75 BTC balance on Mt.Gox.