A decentralized service, ~propped up~ exposed by a weak single point of failure, with no organization, and a bus-factor of one is doomed to fail. If it wasn't GoDaddy, it would be something else. Just let it die.

eth.link isn't a decentralized service. this is like mistaking archive.org for the internet. ens is still humming along

Fixed

It is, because that domain is in demand and it would be unfair to other people who want a chance to get it.

I'd argue nothing about the arbitrarily priced, first come first serve, domain name model is fair at all in the first place.

Why would anyone want to prolong the death of web 3?

Seems inhumane.

It's hard for it to die when countries like Venezuela tried to create their own crypto to get around US sanctions on the Venezuelan dollar. And when that failed, Venezuelans switched to Bitcoin because the Bolívar currency was inflating too fast.

Next on the crypto train is Sri Lanka. The Sri Lanka government is warning against using crypto, but we'll see if the citizens choose it over their own Rupees.

I just did a quick calculation. If the Sri Lankans had traded their Rupees for Bitcoin at the peak, they'd be down about 4% less. However, if they had bought USD instead, they'd up 73%!

Bitcoin seems like a poor inflation hedge to me.

However, it does seem to be working out well for them. Joke is on me, I guess.

https://www.aljazeera.com/economy/2022/8/15/sri-lankans-make...

But seeing web 3 flop like a fish out of the water is hilarious too, so there's arguments on both sides.

Forecast shows a low possibility of hell freezing over this week, I wouldn't get your hopes up.

Uh. It doesn't work like that.

When it comes to ICANN, rules are rules.

The ICANN Expired Domain Deletion Policy allows a registrar to renew a registration without any action from the registrant in "extenuating circumstances." If they wanted to, they could maybe do it under this exception, but there's no real reason why GoDaddy would stick their neck out here.

an extenuating circumstance isn't what you think it means here.

Yeah let’s just throw all ICANN rules.

Yes it is.

Huge number of people dependent on service, owner incapacitated, GoDaddy able to prevent disruption to service by simply freezing current settings. Not seeing the "out of this world crazy".

The only conceivable reason GoDaddy would entertain the idea is that the gross incompetence and negligence of a single individual has created such an immense liability for millions of users. And single individuals creating immense liabilities for millions of users seems to be par for the course for web3. Really nothing new.

So you agree, not totally crazy.

If that's your conclusion, I'm not surprised you're so invested in these ideas.

You just provided a plausible rationale for Twitter to extend the contract. But I apologize for interrupting your stream of snarky comments with a good faith interpretation

And yes, I am invested in the idea of not being dependent on a large corporation to authenticate my identity online, or a large bank to access my money. No surprise many people reject these ideas, given how many people's livelihoods now depend on institutions that are shaped around the existence of centralized points of control.

Just remember, the only way crypto/Web3 fails, is if a lot more people are put in prison, like the way the Netherlands put Alexey Pertsev in prison for publishing open source Tornado Cash code. Is that the world you want to live in?

> livelihoods depend on... centralized points of control

This control they have has nothing to do with centralization or decentralization. They get it through the data-economy we live in - monopolistic companies syphoning petabytes of information about us to build impenetrable moats of data that smaller businesses can't compete with. Currency isn't even on their radar. It's irrelevant. When that cash or coin needs to be transferred into real tangible value, they'll be taking their share, regardless if the system that transaction is running on is an Pentium 3 AMEX COBOL server, or via the mining rig that came out last week consuming the energy from burning a small rainforest.

>>They get it through the data-economy we live in - monopolistic companies syphoning petabytes of information about us to build impenetrable moats of data that smaller businesses can't compete with.

This has everything to do with centralization.. the exclusive access these companies have to vast troves of private data is a consequence of billions of people relying on a handful of companies to provide internet services to them.

It depends what companies we're talking about. Most of these companies are not internet services, they're so big that they're logistics companies - manufacturing, shipping, receiving, legal, human resources, etc etc etc. The internet is the conduit and plays a role in their marketing and sales, but there is absolutely no economic incentive for companies to share the data or consumers to move to an inferior product. This stickiness means consumers will purchase from those companies because of influences imposed by their data-moat (better price and product)

If you say that decentralization is the solution, I'd retort "what are you even planning on decentralizing?", because most of their logistics isn't on "the internet", it's on the dark web

> owner incapacitated

Owner deliberately created a bus factor issue and decided to violate sanctions against North Korea.

Why does this domain get special treatment. If Google forget to register google.com should their registrar renew it out of the good of their hearts?

The owner isn’t incapacitated. He has a lawyer who can decide what happens with the domain!

These sorts of disputes happen all the time. They don’t generally resolve with “contractor signs with counterparty’s name on new contracts in perpetuity.”

The owner went to jail. You think GoDaddy is going to give people a domain in-perpetuity for free? Are you unfamiliar with their business model or something?

I don't see anyone asking for that -- just for the ability for someone other than the domain owner to pay the annual renewal fee.

They can, they just have to let it lapse first. Same as it's always been with GoDaddy, why should they make an exception here?

You hate web3 more than you love freedom

Speak for yourself, I've used Bittorrent since I was 12. Some of us don't need digital Chuck-E-Cheese tokens to express our digital freedom.

Freedom for service providers to unilaterally extend contracts? Uhhhh