[_3jh0]

> The main problem is that speculators become domain squatters, and buy all the popular domain names with the hope that they go up in price.

This is the worst part about any web3 project.

Though, there are some differences between namecoin, ens, and handshake.

Handshake lets you register the TLD while ens, namecoin, etc are limited to domain on a single TLD. The potential number of combination of domain + tld is enormous comparatively.

Secondly, handshake doesn't release all TLD at once. They are released slowly to stop speculators from gobbling up the initial supply.

I do agree speculation is a huge problem which happens in normal ICANN world as well. So nothing to miss except I can own the TLD for which I don't need to pay over 200k USD with chance of getting rejected from ICANN and ongoing cost.