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    Author Topic: BitDNS and Generalizing Bitcoin  (Read 123100 times)
    RHorning
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    December 03, 2010, 05:56:41 AM
     #41

    Or all domains expire yearly and will need to be regenerated, but if you send it to yourself before it ends you get to keep it. Like this we fix the issue of lost domains and allow dropping old names for free.

    I don't have a problem with somebody "renewing" their lease in some manner where they have at least "first try" at keeping that lease.  The "public good" coming from paying the lease fees is maintaining the network.

    I don't understand this "sending it to yourself" however.  The domain registration would be something confirmed by a network.  If you were mining these blocks, you might get lucky and mine the block you are also using to register a domain, but perhaps you wouldn't be doing that either.
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