[BLanen]

Lose your key? Lose your domain, forever, for everyone, irreversible by any legal intervention.

Yea, fuck that.

Also, as with 99% of "smart contracts". The main contract which allows for updating the smart contract, and thus is ultimately in control of everything, is controlled by 1 private key. Nice "trustless". Just gotta trust this one entity never to make a mistake.

Also, this has literally already been done at least 5 other times already before the "NFT" acronym was invented. Remember namecoin, anyone?

[Tenoke]

If I lose my ssh key I lose access to any data on my server, too with no recourse and we are fine with that.

It's a trade-off but some people can take care of their keys and prefer that risk which they've covered over a risk that a third party can take control which they can't cover. It's fine if you are not one of those people but not everyone has your needs.

[account42]

> If I lose my ssh key I lose access to any data on my server, too with no recourse and we are fine with that.

Do you? Most hosting setups will have other ways to get to the data.