News for hackers. Stuff that matters.

A comment on GoDaddy Statement on Eth.link Domain Registration.

Re:GoDaddy Statement on Eth.link Domain Registration by 542458 on Sunday August 28, 2022 @09:38AM (#32628309)
So what happens when there are hundreds++ of individuals all interested in a single domain name that will become available at a very well-defined time like this? Do people just hammer the ICANN/registrar servers in hope of being the lucky one, or is it more elegant than that?
[ Parent | on HN ]
Re:GoDaddy Statement on Eth.link Domain Registration by blechschmidt on Sunday August 28, 2022 @09:47AM (#32628355)
AFAIK, there are even companies that own hundreds of registrars to just do that [1]. Just scroll through [2].

[1]: https://domainnamewire.com/2015/10/09/wow-dropcatch-adds-300...

[2]: https://www.iana.org/assignments/registrar-ids/registrar-ids...

[ Parent | on HN ]
Re:GoDaddy Statement on Eth.link Domain Registration by thejosh on Sunday August 28, 2022 @09:46AM (#32628347)
Yep, it's called "domain drop", it's a pretty lucrative industry to be in. GoDaddy especially knows this and will auction off domains before selling them, where as third parties can try and register the domain every 0.005 seconds. :-)
[ Parent | on HN ]
Re:GoDaddy Statement on Eth.link Domain Registration by politelemon on Sunday August 28, 2022 @09:52AM (#32628388)
In addition to some replies here, some outfits will even lease their office buildings as close as networkly-posible to the registrars so that they can shave those milliseconds in trying to snipe the domain.
[ Parent | on HN ]
Re:GoDaddy Statement on Eth.link Domain Registration by marban on Sunday August 28, 2022 @10:05AM (#32628480)
I thought that was only relevant for financial stuff but as for dropcatchers, that's new to me.
[ Parent | on HN ]
Re:GoDaddy Statement on Eth.link Domain Registration by mathgeek on Sunday August 28, 2022 @10:25AM (#32628618)
They are essentially the same thing. The strategy is the same whether trying to put in buy orders for stocks or domains.
[ Parent | on HN ]
Re:GoDaddy Statement on Eth.link Domain Registration by spaceman_2020 on Sunday August 28, 2022 @11:03AM (#32628931)
This happens everyday. Nothing new. Hundreds of high value domains expire every week. Some can be worth six figures or more.

Everyone competes to “catch it” but usually, the registrar gets it and auctions it off.

[ Parent | on HN ]
Re:GoDaddy Statement on Eth.link Domain Registration by YetAnotherNick on Sunday August 28, 2022 @09:49AM (#32628371)
No, there is an auction period before domain being available to public(atleast that was the case with another registrar).
[ Parent | on HN ]
Re:GoDaddy Statement on Eth.link Domain Registration by NelsonMinar on Sunday August 28, 2022 @11:24AM (#32629098)
It's interesting; half the replies here say there will be a bot rush. The other half say GoDaddy will auction it off. Which is it?
[ Parent | on HN ]
Re:GoDaddy Statement on Eth.link Domain Registration by weird-eye-issue on Sunday August 28, 2022 @11:05AM (#32628948)
GoDaddy Auctions is what will happen like all their expired domains
[ Parent | on HN ]
Re:GoDaddy Statement on Eth.link Domain Registration by tomlogic on Sunday August 28, 2022 @02:01PM (#32630465)
So they have a financial incentive here to allow the domain to expire.
[ Parent | on HN ]
Re:GoDaddy Statement on Eth.link Domain Registration by yuvadam on Sunday August 28, 2022 @09:39AM (#32628317)
Yes.
[ Parent | on HN ]
Re:GoDaddy Statement on Eth.link Domain Registration by JohnHaugeland on Sunday August 28, 2022 @10:43AM (#32628770)
> So what happens when there are hundreds++ of individuals all interested in a single domain name that will become available at a very well-defined time like this?

One of them receives it and the others do not.

First come first serve.

[ Parent | on HN ]