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<div class="post">I think we should dispense with the complexity associated with paying various servers. We should also dispense with the concept of paying more if we want better visibility for our domain names.<br/><br/>No-one wants a system where some people can reach <i>some.domain</i> and some people can't, depending on which servers are getting their share of the payment. Or a system where a new server can come to prominence and put pressure on people to pay again for the domains they already paid for.<br/><br/>Let's cut it down to the <b>simplest business model that can work</b>.<br/><br/>Suppose there are some generators who will include domain name registrations into blocks that they generate, because they want to earn the transaction fees. Those generators will operate public-facing domain name servers.<br/><br/>Why? They need to do this, to make the domain name service credible so that people will use DomainChain for their domain registrations. For the generators, it's an overhead, but a necessary one. Kind of like how most restaurants provide toilets without charging separately for them.<br/><br/>You could argue that there will also be some operators who would generate, and who would collect the transaction fees for domain name registrations, but who would not operate a server. After all, why incur the overhead if the other generators will operate the servers?<br/><br/>But the market will take care of this. The generators who do operate servers are not going to accept the blocks generated by those who sell domain names without providing domain name servers.<br/><br/>Additionally, a market like this is likely to have two other kinds of players.<br/><br/>There will be a few organizations who are willing to operate a server for free, perhaps for ideological reasons. Those servers will probably be overloaded and slow (like the free Usenet servers), but they act as a backstop which forces the commercial operators to provide something better.<br/><br/>There will also be a few commercial operators who provide enhanced super-fast servers without being generators. They will do this either because they have paying customers who want the best domain name service that is possible, or they will do it for their own business reasons (as Google does with their free-to-access domain name servers).<br/><br/>Here are the advantages of this simpler system:<br/><br/><ul style="margin-top: 0; margin-bottom: 0;"><li>For the domain name owner, the registration is convenient, secure, and lasts forever,</li><li>For the internet user, the same set of domains is served to everyone,</li><li>For the generators, it's a worthwhile extra source of income, and</li><li>For the Bitcoin system, it's an easy way to get extra strength into the block chain with minimal extra data</li></ul></div> text/html