2 years ago
Ethereum Name Service (ENS) pb developer Nick Johnson said the protocol would person to marque immoderate changes earlier implementing Vitalik Buterin’s caller interest structure.
The archetypal constituent raised concerns astir the types of names and however overmuch quality this would marque to the interest structure. Johnson highlighted that names could beryllium quality names, marque names, and generic terms.
According to him, astir proposals to usage market-based pricing absorption connected generic terms, but this is improbable to use to different names similar quality names and marque names.
For example, portion it is beneficial that a generic word ends up with idiosyncratic who would enactment it to bully use, this whitethorn not enactment for quality names and marque names.
He argued that brands should not conflict to clasp a sanction that got its popularity owed to their efforts.
Johnson continued that determination are besides externalities to see successful the naming system, which mightiness marque it unattractive for a idiosyncratic holding a sanction to wage more. If they suffer the name, the users volition carnivore astir of the costs.
Harberger registrars
The ENS developer besides discussed an thought helium termed Harberger Registrars, which would let ENS to contented 1- and 2- quality names nether a antithetic acceptable of rules.
With this system, the quality names would beryllium paid for based connected the Harberger Tax Scheme.
While the archetypal proprietor volition wage rent based connected the worth attached to the name, those who bargain subdomains connected the names volition inactive clasp their ownership adjacent if the genitor domain is transferred.
Subdomains
Another ENS developer Jeff Lau conceded that the domain names whitethorn person been excessively inexpensive considering however rapidly the 3 missive names sold out.
In hindsight, this whitethorn person been *too* inexpensive fixed however rapidly 3 missive names person sold retired recently. And thing that allows dynamic pricing/renewals whitethorn merchandise immoderate of these names by pricing retired those that aren't utilizing the names but person to wage precocious fees.
— jefflau.eth (@_jefflau) September 9, 2022
Lau continued that Buterin’s connection focused much connected the issues of congestion and backing for the ENS DAO without giving accessibility overmuch thought.
She continued that subdomains could assistance lick “Vitalik’s prediction that determination volition nary longer beryllium immoderate meaningful .eth names near to register,” portion besides bringing much accessibility.
I deliberation that subdomains volition beryllium the reply to this. If Vitalik's prediction that determination volition nary longer beryllium immoderate meaningful .eth names near to register. I deliberation subdomains tin instrumentality the spot of .eth for accessible, usable names that could beryllium either escaped oregon precise cheap
— jefflau.eth (@_jefflau) September 9, 2022
Lau concluded that the “ENS pricing was ever designed to beryllium changed due to the fact that we *knew* that we astir apt wouldn’t get it close the archetypal clip and that things whitethorn request to change.”
Buterin argued that ENS domain names are cheap.
Buterin had argued that ENS sold astir domain names astatine a debased price, allowing squatters to get astir of the prized names of the domain.
OK wow, fractional of yall virtually deliberation that idiosyncratic should beryllium capable to fastener down each five-letter connection successful the Scrabble dictionary (which includes exotic worldly similar "ZORIL") for a 100 years for little than the terms of 4 lambos. https://t.co/2AWSR0qkQh
— vitalik.eth (@VitalikButerin) September 5, 2022
He continued that the inexpensive pricing did not marque capable wealth for the ENS DAO.
To lick this, Buterin recommended amended pricing arrangements that necktie the level of marketplace request to the domain fees and supply time-bound ownership guarantees.
The station Ethereum Name Service developer identifies challenges successful Vitalik’s interest proposal appeared archetypal connected CryptoSlate.
English (US) 