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by emiliovesprini
2391 days ago
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As far as I can tell, there are two systems for meaningful names (as opposed to "arbitrary" ones like phone numbers or 4chan IDs): 1. A first-come-first-serve system like Twitter. I'd list drawbacks but this comment section is full of them. 2. A lease system like domain names, whose drawbacks are best explained in this tweet by @devonzuegel: > Domain names really hold you hostage. As soon as you've shared a link
> from that domain, you have two options when it comes up for renewal:
> (1) Pay the ransom for that domain registration, or
> (2) Break the internet, specifically the part linking to your own
> content
Does anyone know of another way to do meaningful names? |
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1. When a person registers a name they declare a price they are willing to sell the name for. They can update their price at any time.
2. They pay an annual tax (about 1% to 5%) for the right to keep the name.
3. If someone is willing to buy the name for the declared price they are forced to sell the name to them.
This system has the advantage that the person who values the name the most will get to keep it, and the person who lost the name will be fairly compensated.
[0] https://www.law.nyu.edu/sites/default/files/upload_documents... (See the bottom of page 39 in particular)