[mrnobody_67]

Not sure about others, but I've paid thousands of dollars for ICANN renewal fees over the last decade... love the idea of "owning" real estate on the internet vs. merely renting it (and having prices go up every few years).

[bastawhiz]

Presumably you need to pay every time you want to update where the domain points, no?

https://docs.unstoppabledomains.com/domain-registry-essentia...

From the docs it seems like you can "hardcode" IPs or...a traditional dns cname.

At $40/domain, if you update your DNS records once every two years, you're really only just breaking even.

Also, from the FAQ:

> Trademark holders with proof of ownership can apply to claim ownership of trademarked names. If a trademark name has already been sold, then it will be refunded. Note - this process ends once domains have been distributed. Unstoppable Domains does not have the ability to move a domain once distribution has occurred.

Seems like a less-than-agreeable policy for most folks. Unless you're a scalper.

[baby]

You shouldn't have to pay much though, it's should simply be a transaction on the Ethereum network. If whoever set up that contract wants to take a fee, then it's up to people to use another contract.

[bastawhiz]

The average ethereum transaction fee right now is more expensive than a domain renewal fee for many common TLDs.

Right now, the original purchase price of one of these domains is ~4 years of fees on a traditional registrar. Let's round the transaction fee down to $10 for the sake of simplicity. If you update your configuration every two years (which seems generous), you'll break even in...six years? And that's assuming whoever made the contract doesn't take a fee.

This assumes Ethereum fees don't change. Proof of stake might affect transaction cost, but the trend right now is up and to the right: in one year the average transaction cost has increased two orders of magnitude.

If we assume the rate of growth of the average transaction fee slows dramatically to one order of magnitude every two years for the next few years, that means the cost of your domain will probably never break even (over a traditional domain) in your lifetime. Even if it only doubles every two years, you'll likely never break even.

[542458]

Perma-owning domain names sounds like a domain name squatter’s dream come true - and therefore not a great time for everybody else.