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Recently chatted with the co-founder, Tieshun. He does a good job of making the case for Handshake and why it's so important for the internet.
https://youtu.be/YRU0DE6zj5o
Because its still centralising control. If I want to use myrealname.tld, I need to pay someone sitting on that TLD while they 'sit back and collect the profits`. Its like a tech pyramid scheme.
I don't get why this is so hard to understand. You keep putting forward a strawman of it being less entities, but that's missing the point entirely that it's still centralised, it being to a lesser extent does not negate that simple fact.
You keep using that word, but I don’t think you intend its normal meaning. Let’s take a different example, is home ownership in US centralized? Every reasonable person would say no, we don’t have few large entities that own every home. But you would say “Yes, because if I want to buy a home, the current owner would have complete ownership of that home, and a central entity I have to deal with!” But that’s not what centralized means in common parlance or litterateur.
While I do agree that this is a significant departure from the current system, is there some mechanism other than individual domain owners refusing to sell that prevents this from re-centralizing? As in entities with sufficient capital coming in and buying up huge amounts of domains and rent-seeking on those and effectively re-creating the existing system?
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