[neiman]

This makes me think of ENS project (based on Ethereum) that is making a decentralized TLD. The registry is managed automatically by a smart contract.

Pros? The conditions are equal to all users. Cons? It is a wild west style registry with no governance besides the little the automated algorithm offers.

They're goal, if I understood correctly, is having .eth TLD managed by this decentralized registry. It can be an interesting experience.

[Full disclosure: I'm part of the Almonit project which uses ENS]

[zozbot234]

Namecoin is a lot more popular and better known than ENS, fwiw.

[MaxBarraclough]

So what's the price paid to reserve a domain? To whom is it paid?