Transaction

j"1LAnZuoQdcKCkpDBKQMCgziGMoPC4VQUckMp<div class="post"><div class="quoteheader"><a href="https://bitcointalk.org/index.php?topic=1790.msg26962#msg26962">Quote from: Anonymous on December 05, 2010, 05:12:07 AM</a></div><div class="quote">As far as I know the argument against using bitcoin is that if you lost your keys to access the domain you would not be able to recover them.<br/><br/>How does bitdns get around that?<br/></div><br/>If you lose the keys, you can no longer sell the domain name or change the IP address of its DNS, but the domain name itself doesn't immediately stop working. So you have plenty of time to choose a new domain name, set it up, and install redirects from your existing site.<br/><br/>You can protect against this by leaving a copy of your keys with a couple of trusted people. That's a much better solution than leaving your domain name hostage to an untrusted registrar.<br/><br/>In the 1990s, Turkmenistan was selling .tm domain names and I registered one. After a couple of years, the Turkmenistan government decided there were .tm websites they didn't like and they removed access to the domain name. But there was plenty of time to get a new domain and install redirects. It worked just fine.<br/><br/>Ultimately, a name is just a name and it's not the end of the world if one is lost. Even cocacola.com could switch to cocacola2.com and it wouldn't be the end of the world.<br/><br/></div> text/html