You cannot have it both ways. The domain system will either be centralized with name arbitration and without cybersquatting, but with domain ceisures; or decentralized, but with rampant cybersquatting. I can't imagine how to do decentralized DNS with domain name arbitration. You need to have a central power to do this. KB On Mon, Mar 12, 2012 at 11:36 PM, lodewijk andri de la porte <lodewijkadlp@gmail.com> wrote:
2012/3/12 Karel Bmlek <kb@karelbilek.com>
I never understood how it works exactly, but what is wrong with namecoin?
(besides the fact that noone uses it)
No domain name arbitration. If someone cybersquatted Microsoft.bit that'd really suck. Maybe they'd have the means to go after them but I likely wouldn't have.
(and it doesn't solve the dumb users don't get it problem. There's been some really cool DNS providers integrating .bit to standard resolves though, I'd like to see more of that)